3 ms·
I disagree. Monsanto's original business model was: "We have a patent on a herbicide called Round Up, if we can find a way to create seeds that result in plants
by jrs235 14y ago
I disagree. Monsanto's original business model was: "We have a patent on a herbicide called Round Up, if we can find a way to create seeds that result in plants resistant to our own chemical herbicide then we can sell the seeds too! If we convince farmers using our seeds and chemicals results in better yields and profits we can increase our market share of both." That was the original reason to create the modified seeds.
Do you think they are researching and investing in finding seeds/plants that don't have a tie-in to their chemicals?
EDIT: Their problem is that the patent on Round Up expired so we have other companies that can make and sell the herbicide generically now. Their original business model made sense and was reason enough for them to innovate and create GMO seeds.
Question: Can we now say that modifying genes to make organisms resistant to certain chemicals is no longer non-intuitive?