The expansion in the cultivation of GM (genetically modified) crops has been
very rapid. In 1994, there were no GM crops grown commercially anywhere; by
1998, some 29 million hectares of GM crops were cultivated in the USA,
Australia, Argentina, Canada and Mexico.
There are some 1,500 to 2,000 biotechnology companies in the USA, and a
further 700 in Europe. They are said to have already invested $8 billion in
technology development.
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