Mr Marquez, for instance, formerly worked for the Monsanto chemical company.

ECONOMIST: The Lone Smog State | The

The news comes days after US agri-chemical company Monsanto said that it would not try to market a strain of GM wheat because of consumer resistance.

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Monsanto shares slid Wednesday after the agricultural chemical company reported a drop in sales and earnings due to pricing problems with its Roundup herbicide business.

FORBES

In the U.S. generic companies can sell off-patent products immediately, but they have to compensate the company that originally registered the chemical with the Environmental Protection Agency--Monsanto in this case--for the data showing the product's safety and efficacy.

FORBES: Pesticide Prince