Friday, August 10, 2012

Monsanto awarded $1 billion from DuPont for soybean patent infringement


    A U.S. district court jury has awarded Monsanto Co. $1 billion in a patent-infringement case against The DuPont Co., which focused on whether DuPont infringed on Monsanto's patent for developing genetically modified soybean seeds that can withstand the weed killer Roundup.
    The jury determined that a subsidiary of DuPont willfully violated Monsanto's patent on its Roundup Ready technology. DuPont said that it plans to appeal the decision and expects it to be overturned. Monsanto originally sued DuPont in 2009, claiming it was illegal for DuPont to use its technology without authorization in developing a line of soybean seeds called Optimum GAT. DuPont abandoned development and never sold any of the seeds.
    DuPont has its own patent case pending against Monsanto.

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