National Academy of Sciences Recognizes Monsanto's Chief Technology Officer for Development of Agricultural Biotechnology
January 24 2008 - 10:49AM
PR Newswire (US)
ST. LOUIS, Jan. 24 /PRNewswire-FirstCall/ -- The National Academy
of Sciences (NAS) Council announced this week that Robert T.
Fraley, Ph.D., chief technology officer and executive vice
president for Monsanto, has been awarded the NAS Award for the
Industrial Application of Science. This prize is awarded every
three years for original work of intrinsic scientific importance
and with significant, beneficial applications in industry -- in
this case, the improvement of crops through biotechnology. The NAS
council awarded Fraley for his development of "technologies which
enabled the production of the world's first transgenic crops. These
plants have increased productivity, reduced chemical use and
profoundly changed global agriculture." "On behalf of the Monsanto
team, I congratulate Robb on this tremendous recognition," said
Hugh Grant, chairman, president and chief executive officer of
Monsanto. "It was Robb's leadership that brought the first products
developed through biotechnology to market in the 1990s," Grant
said. "As a result of these efforts, literally millions of farmers
around the world benefit from the use of these products including
the ability to increase yield and profitability on farm while
simultaneously reducing global agriculture's footprint on our
environment." Fraley's development of the first biotechnology
product, which first launched on four million acres in 1996, paved
the way for a renaissance in global agriculture. Today, seven
million farmers in 18 countries grow biotech crops on more than 160
million acres. The 12 products resulting from his work represent
one of the most successful new agricultural technologies ever
launched. The annual growth and acceptance of these products,
steady addition of new products and a pipeline of future products
emerging from this technology demonstrate the ongoing, sustainable
nature of agricultural biotechnology as a key agronomic tool to
enhance the production of the world's major food, feed and fiber
crops. Monsanto Company (NYSE:MON) is a leading global provider of
technology-based solutions and agricultural products that improve
farm productivity and food quality. For more information, please
visit: http://www.monsanto.com/. DATASOURCE: Monsanto Company
CONTACT: Sara Duncan of Monsanto Company, +1-314-694-2729 Web site:
http://www.monsanto.com/ Company News On-Call:
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