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The company's plant-based pharmaceutical division, known as Monsanto Protein Technologies, employed about 70 people.
Novartis repeated its view that it expects double-digit sales growth in its pharmaceutical division.
Searle is the pharmaceutical division of Monsanto, which is now part of the Pharmacia Corporation.
The experience of ICI's pharmaceutical division in the 1980s illustrates the effects of such ambivalence.
In some instances, too, the pharmaceutical division misses the research carried out on the chemical side.
"The amount of money to be had is pretty substantial," said Chris Viehbacher, president of Glaxo's European pharmaceutical division.
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William M. Burns, chief executive of Roche's pharmaceutical division, said that some generic companies merely buy a drug's ingredient and put it into tablets or capsules.
In the case of the pharmaceutical division, for example, most of the services provided by the head office were no longer relevant.
According to the note, Wuensch also expects Auris' platform will complement J&J's existing pulmonary hypertension pharmaceutical division.
NDtam and NDDtam were gifts from Imperial Chemical Industries, PLC Pharmaceutical division (Macclesfield, UK).
Pharmaceutical Division, Japanese National Cancer Center Research Institute, 1-1, Tsukiji, 5-chome, Chuo-ku, Tokyo 104-0045, Japan.
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