St. Louis, Missouri
October 5, 2004
Monsanto Company (NYSE:
MON) announced that it has won the key patent battle regarding
biotech-gene technology for the transformation of dicot plants,
such as cotton. The decision by the U.S. Patent and Trademark
Office that Monsanto’s scientists were the first to invent this
important discovery ends a 12-year patent interference dispute
with the Max Planck
Institute and other parties.
The decision, issued yesterday
by U.S. Patent and Trademark Office, recounts the basis for
finding that Monsanto was the first company to invent
agrobacterium transformation in dicot plants, which eventually
gave farmers the choice to use biotech crops on their farms.
“We are delighted that this
scientific dispute has been resolved in Monsanto’s favor,” said
Hugh Grant, chief executive officer for Monsanto. “We’re pleased
for our Chief Technology Officer Robb Fraley, and the team of
devoted researchers at Monsanto who drove the groundbreaking
science that pioneered the tools of agricultural biotechnology.”
Agrobacterium is one of the
ways to insert beneficial characteristics into plants.
Monsanto’s Bollgard insect-protected cotton was developed using
agrobacterium transformation for dicot crops.
In 1998, Robert T. Fraley,
Ph.D., Robert B. Horsch, Ph.D., Ernest G. Jaworski, Ph.D., and
Stephen G. Rogers, Ph.D., received the National Medal of
Technology for their achievements in plant biology and
agricultural biotechnology, and for global leadership in the
development and commercialization of biotech crops to enhance
agricultural productivity and sustainability.
The patent interference was
originally declared in 1992.
Monsanto Company a leading
global provider of technology-based solutions and agricultural
products that improve farm productivity and food quality.
Note to
editors: Bollgard is a trademark owned by Monsanto Company and
its wholly-owned subsidiaries. |