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Biotech / Medical : Monsanto Co. -- Ignore unavailable to you. Want to Upgrade?


To: Dan Spillane who wrote (2132)6/4/1999 8:19:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 2539
 
French company tries to block Monsanto from selling corn
By Robert Steyer Of The Post-Dispatch
Posted: Friday, June 4, 1999 | 3:43 a.m.

On the heels of winning two patent lawsuits against
Monsanto Co., a French life sciences company said
Thursday that it will try to block the sale of a Monsanto
gene-altered corn.

Rhone-Poulenc said it would soon seek an injunction
against the sale of a type of corn that tolerates
Monsanto's Roundup herbicide. The injunction would
only affect "Roundup Ready" corn made by Monsanto's
DeKalb Genetics subsidiary. Monsanto licenses its
Roundup-tolerant corn to many seed companies.

On Wednesday, a federal court jury supported
Rhone-Poulenc's contention that DeKalb had infringed
on a patent used in the development of Roundup Ready
corn. The jury also said DeKalb had misappropriated
trade secrets owned by the French company's farm
products subsidiary, Rhone-Poulenc Agro.

The jury, sitting in Greensboro, N.C., declined to add
punitive damages to the $65 million awarded in April by
another federal jury. The first jury said DeKalb had
improperly used Rhone-Poulenc's genetic material in
creating some corn varieties.

Both suits were filed when DeKalb was independent;
Monsanto took control last year. Monsanto will ask the
trial judges in both cases to set aside the verdicts. If
they don't, Monsanto will appeal the decisions.

Randy Krotz, a Monsanto spokesman, said the verdicts
won't affect the selling of Roundup Ready corn because
Monsanto licenses its technology to many companies.
Within two years, Monsanto expects to sell new
varieties of Roundup Ready corn that don't contain
Rhone-Poulenc technology.

Rick Rountree, a Rhone-Poulenc spokesman, said the
court rulings mean that if Monsanto wants to sell
DeKalb-produced Roundup Ready corn, it must pay a
fee. "The jury upheld our patent and that means you've
got to have a licensing agreement," he said. "We no
longer have a licensing agreement with DeKalb."

stlnet.com