Monday, April 07, 2008

PANNA: Seed Industry Giants: Who Owns Whom?
Pesticide Action Network Updates Service (PANUPS)
A shrinking number of colossal companies -- nicknamed the "Gene Giants" -- dominate global sales of seeds and agrochemicals, according to a new report released by the Rural Advancement Foundation International (RAFI).

The top five Gene Giants (AstaZeneca, DuPont, Monsanto, Novartis, Aventis) account for nearly two-thirds of the global pesticide market (60%), almost one-quarter (23%) of the commercial seed market, and virtually 100% of the transgenic (genetically engineered) seed market. "The Gene Giants' portfolio extends far beyond plant breeding," explains Pat Mooney, Executive Director of RAFI. "From plants, to animals, to human genetic material, they are fast becoming monopoly monarchs over all the life kingdoms."

Five years ago, none of top five Gene Giants appeared on the list of leading seed corporations. In fact, three of the top five companies didn't even exist. Zeneca and Astra merged to form AstraZeneca; Rhone Poulenc and Hoechst became Aventis; Ciba Geigy and Sandoz became Novartis; and DuPont swallowed Pioneer Hi-Bred earlier this year.

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