'<< ... "They said, 'We'll license you the molecule, and you can buy it, repackage it, do whatever you want. Or you can build your own plant.' '' said Jeffrey Peck, an analyst at Bear Stearns. ''Just about every company they offered it to took the deal.''

Monsanto extended its advantage by sharing its regulatory clearances with companies that buy the ingredient from Monsanto rather than make it themselves. That sped up government approval ... >>