Santiago City, Isabela, Philippines —Biotech firm Monsanto
Philippines, Inc. has given its assurance that all new biotech
products it will launch will be subjected to rigorous trials
and will comply with the requirements of Philippine regulatory
bodies.
In a forum sponsored by the Philippine Agricultural Journalists,
Inc. (PAJ) and Monsanto, company officials said the company
is developing products that seek to improve farmers’ incomes
as well as protect the environment.
“All the products we have developed resulted from research
that complied with Philippine regulatory protocols. Monsanto
is not exempt from the stringent requirements imposed by regulatory
bodies,” said Monsanto corporate affairs lead Charina
Ocampo during the forum held Wednesday night.
Among the products being eyed by the company for introduction
in the Philippines is a corn variant that can fight corn borer,
cutworm, and earworm. In 15 years, the company may venture into
climate-ready crops.
The corn seed variant that can fight a number of pests will
be marketed under the brand Yield Gard (Yield Gard 2). The company
is seeking approval for it.
“It takes a long time for us to introduce new products
to the market because of the rigorous process we observe, from
research to field trials, to ensure a product’s safety,”
said Ocampo.
She noted that the company’s regulatory protocols have
been established in 1990 by Executive Order no. 430 issued by
the late President Corazon Aquino.
Meanwhile, Monsanto Philippines clarified that Bt Brinjal or
Bt eggplant is not a product of Monsanto.
Ocampo stressed that the company is also not in partnership
with Mahyco, the Indian seed and biotech firm that developed
Bt eggplant.
She noted that Bt Brinjal or Bt eggplant has been indigenously
developed by Mahyco, in collaboration with public institutions.
“Monsanto’s association with Mahyco is restricted
only to the extent of a minority stake of 26 percent in the
company, through Monsanto Holdings Pvt. Ltd. (MHPL),”
said Ocampo. MHPL is a 100 percent subsidiary of Monsanto Co.,
USA.
Monsanto is one of the world’s leading providers of agricultural
products and solutions to farmers. The company has over three
decades of presence in the Philippines and is involved today
in the promotion of modern agricultural biotechnology.