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Novartis Agricultural Discovery Institute Inc. Announces New Name -- Torrey Mesa Research Institute.


Business Editors & Health/Medical Writers

BIOWIRE2K

SAN DIEGO--(BW HealthWire)--March 8, 2001

Novartis Agricultural Discovery Institute Inc. (NADII) announced it has changed its name to Torrey Mesa Research Institute (TMRI TMRI Topics in Magnetic Resonance Imaging ).

Formerly an institute of the Novartis Research Foundation, NADII became a subsidiary of Syngenta at the beginning of this year. The merger of Novartis Agribusiness and Zeneca Agrochemicals formed Syngenta in November 2000.

"We chose the name Torrey Mesa Research Institute to reflect the outstanding discoveries and advances that have come out of the San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  region," said Steven Briggs, Ph.D., president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of TMRI. "San Diego is one of the leading biotechnology centers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  with world-renowned research institutions, hundreds of biotechnology companies Top 100 Biotechnology Companies
The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies.
, and a fabulous quality of life. TMRI fits right in, as we are one of the largest research institutes dedicated to agricultural genomics.

"In January, TMRI announced the completion of the Rice Genome Map in collaboration with Myriad Genetics Myriad Genetics is a leading biopharmaceutical company focused on understanding the relationship between genes, proteins and human diseases in order to develop the next generation of therapeutic and molecular diagnostic products.  Inc., the first project of its kind in a crop plant to be completed," Dr. Briggs continued. "We identified not only the genes, but their functions and how they work, to provide researchers with crucial new knowledge to improve food crops. Because rice is a model for other cereals, the knowledge from this genome map will contribute to the study of other important cereals such as wheat, corn, and barley, and lead to their future improvement."

Torrey Mesa Research Institute is one of the largest research endeavors dedicated to agricultural genomics. The Institute is focused on applying genomics technologies to the development of improved seed traits, safer crop protection chemicals, plant-based solutions to problems in human and animal health, and sustainable agriculture sustainable agriculture
n.
A method of agriculture that attempts to ensure the profitability of farms while preserving the environment.
. TMRI develops and applies genomics tools to establish the relationship between genes, proteins and traits so that they can be isolated and enhanced for commercial use. TMRI, located in La Jolla, Calif., was formed in 1999 and employs 117 scientists. Further information is available at www.tmri.org.

Syngenta is the world's leading agribusiness. The company ranks first in crop protection, and third in the high-value commercial seeds market. Pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma
 sales in 1999 were approximately US $7 billion. Syngenta employs more than 20,000 people in over 50 countries. The company is committed to sustainable agriculture through innovative Research and Technology. Formed in November 2000 by the merger of Novartis Agribusiness and Zeneca Agrochemicals, Syngenta is listed on the Swiss Stock exchange, and the London, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and Sweden exchanges. Further information is available at www.syngenta.com.

This press release contains forward-looking statements, which can be identified by terminology such as "expect," "would," "will," "potential," "plans," "prospects," "estimated," "aiming," "on track," and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. We refer you to Syngenta's publicly available filings with the U.S. Securities and Exchange Commission for information about these and other risks and uncertainties. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors. This release does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer, to purchase or subscribe for any ordinary shares in Syngenta AG, or Syngenta ADSs, nor shall it form the basis of, or be relied on in connection with, any contract therefor there·for  
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 8, 2001
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