DNA Plant Technology Corp. news

The companies have been negotiating a two-way technology transfer since early 1994, in which Monsanto has been seeking rights to DNAP's Transwitch technology. "We took this step only after months of negotiations and still would like an amiable solution," said Monsanto spokesperson Loren Wassell.

The companies have been trading proposals for months, with the latest round sent from DNAP to Monsanto. "We sent them a proposal on Wednesday and this was their response," said John Bedbrook, DNAP director of science. ...