After a 96-year history in the chemical industry, Monsanto Company is transforming itself into a new life sciences company. The industrial chemicals businesses were sold off to create Solutia Inc. in September 1997. The new Monsanto now devotes all of its energies to the business areas of agriculture, food and health.
Biology is the key science shared among the company's agriculture, food and health businesses.
Monsanto's 22,000 people are exploring the connections among these businesses to create new, integrated ways to improve human health and well-being while protecting the environment and natural systems. Monsanto is a global firm with facilities on many continents. Its sales are roughly 7.5 billion US dollars annually from around the world. Pharmaceutical, including products for arthritis, cariovascular problems, insomnia and women's health. Monsanto Life Sciences will continue to be fully committed towards developing technology which will increase food production to help feed the growing world population, and improving the quality of food, whilst making improvements in the environment.