EU clears way for biotech potato

July 17, 2007
A European Union move to let its farmers grow a genetically modified potato developed by BASF AG suggests the EU is starting to make concessions to the farm biotech industry, although not enough to satisfy companies.
The decision to allow cultivation of the crop, which is to be used to make a paper coating, would mark the first time the EU has approved a genetically modified organism for growing since it endorsed a type of Monsanto Co. corn in 1998.