SYT » Topics » Washington, DC (USA), 21 March 2005

This excerpt taken from the SYT 6-K filed Mar 23, 2005.

Washington, DC (USA), 21 March 2005

During advanced testing, Syngenta recently discovered an unintended event, Bt10, in a small number of its corn breeding lines used primarily for pre-commercial development. The Bt protein produced by these lines is identical to that produced by the commercialized, fully approved Bt11 varieties. Therefore, there is no change to the food, health and environmental profile of the corn.

Upon this discovery, Syngenta immediately informed the EPA, FDA and USDA. These regulatory agencies have also confirmed the food, feed and environmental safety of Bt10. All current plantings and seed stock containing this material have been identified and destroyed or otherwise contained.

Syngenta’s insect resistant European corn borer product Bt11 was approved for cultivation and food use in 1996 in the United States and for food and feed use in Japan in 1996 and the EU in 1998.

Syngenta is a world-leading agribusiness committed to sustainable agriculture through innovative research and technology. The company is a leader in crop protection, and ranks third in the high-value commercial seeds market. Sales in 2004 were approximately $7.3 billion. Syngenta employs some 19,000 people in over 90 countries. Syngenta is listed on the Swiss stock exchange (SYNN) and in New York (SYT). Further information is available at www.syngenta.com.

Media Enquiries: USA:   Sarah Hull Tel: +1 (202) 347 8348
Switzerland:   Markus Payer Tel: +41 (61) 323 2323
 
Analysts/Investors: Switzerland:   Jonathan Seabrook Tel: +41 (61) 323 7502
  Jennifer Gough Tel: +41 (61) 323 5059
USA:   Rhonda Chiger Tel: +1 (917) 322 2569

Syngenta – 21 March 2005 / Page 1 of 1






SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

    SYNGENTA AG
         
Date: March 23, 2005 By: /s/ Damian Heller
     
      Name: Damian Heller
      Title: Company Secretary
         
         
    By: /s/ Daniel Michaelis
     
      Name: Daniel Michaelis
      Title: Senior Corporate Counsel



Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki