World's Most Innovative Companies

Monsanto

Monsato company is a multinational agriculture biotechnology corporation and is the world’s leading producer of the herbicide glyphosate. It is the second largest producer of genetically engineered seed and provides the technology in 49 percent of the seeds in the U.S. market. In 2005 it became the world’s largest conventional seed company as it purchased Seminis. The company has been a part of many controversies because of the development and marketing of genetically engineered seeds and bovine growth hormone as well as the aggressive litigation, political lobbying practices, seed commercialisation practices etc. Due to all these reasons it has also become the target of the alter globalisation movement and environmental activists. In 2009 it was under the scrutiny of the U.S. Justice Department for breaking anti-trust rules. The company’s average sales growth is 13.4 percent, the net income growth is 44.7 percent, the enterprise value is $41.3 billion and the innovation premium is 42.6 percent.