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DuPont
DuPont Asserts Anti-Trust, Patent Claims Against Monsanto
July 4th, 2009
DuPont (NYSE:DD) today filed an answer and counterclaims to a recent Monsanto lawsuit that seeks to block farmers' access to innovative new soybean lines from DuPont business Pioneer-Hi Bred. These soybeans would contain Pioneer's proprietary Optimum(R) GAT(R) trait and -- through Monsanto's royalty-bearing license agreement -- the Roundup Ready(R) trait. In its federal court filing here today, DuPont affirmed that combining, or "stacking," of Optimum(R) GAT(R) and Roundup Ready(R) technologies is clearly within its rights under the license agreement with Monsanto. DuPont also said that patents relating to Monsanto's Roundup Ready(R) soybeans are invalid and, therefore,...
Source: Law & Health Weekly (2009-07-04)
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