St. Louis, Missouri
February 3, 2004
Monsanto
Company (NYSE: MON) announced that it has won the key patent
battle regarding biotech-gene technology for protection of
plants against insect damage. The decision by the U.S. Patent
and Trademark Office that Monsanto's scientists were the first
to invent this important discovery ends a nearly eight-year
Patent Office dispute with Mycogen Seeds, a subsidiary of Dow
AgroSciences.
The
200-page decision, issued late yesterday by the Board of Patent
Appeals and Interferences, recounts the factual and legal basis
for finding that Monsanto was the first company to invent the
technology for synthetic "Bt" genes in plants, which are widely
used today by farmers under licenses from Monsanto to protect
their crops from insect damage. The long anticipated, but widely
expected outcome before the Patent Office was obtained in an
interference proceeding instituted years ago at the request of
Monsanto. Litigation between the same companies over the same
technology area was previously decided in Monsanto's favor. The
company announced its intention to immediately seek the issuance
of a patent covering the invention involved in its successful
interference proceeding.
"We're
delighted that this scientific dispute finally has been resolved
in Monsanto's favor," said Robert T. Fraley, Ph.D., executive
vice president and chief technology officer for Monsanto. "We're
pleased for the team of devoted researchers at Monsanto who were
intimately involved in the pioneering innovations that permit
farmers throughout the world to protect their valuable crops
from insect damage."
Bacillus
thuringiensis (Bt) is a naturally occurring bacterium present in
soil that is an effective insect-control agent. Crops containing
Monsanto's synthetic Bt gene invention, such as Monsanto's
YieldGard Rootworm corn and Bollgard cotton, are protected
against certain insects, but do not injure plants or animals. In
2003, varieties of corn and cotton containing Monsanto's
insect-protected technologies were planted on more than an
estimated 30 million U.S. acres.
"Beneficial
agricultural products developed using our patented technology
are important to farmers and other companies engaged in the
improvement of corn and cotton crops, and Monsanto has a
well-established track record of broadly licensing our
technologies to other seed companies, including Mycogen," Fraley
said.
The patent
interference issue was originally declared on Nov. 7, 1996, and
involves U.S. Patent No. 5,380,831 assigned to Mycogen Seeds and
an application assigned to Monsanto.
Monsanto Company a leading global provider of
technology-based solutions and agricultural products that
improve farm productivity and food quality. |