London, United Kingdom
November 21, 2022

UPL Ltd. (NSE: UPL & BSE: 512070 LSE: UPLL) (‘UPL’) a global provider of sustainable agricultural solutions, today announced victory in a lawsuit protecting the intellectual property rights for its patented EVEREST crop protection agricultural input.

UPL brought the lawsuit against AgraCity and its generic HIMALAYA herbicide on the grounds that HIMALAYA infringes UPL’s Canadian Patent No. 2,346,021 for EVEREST. After a full trial, the court has now ruled in UPL’s favour. This ruling validates the court’s initial injunction and requires AgraCity to disgorge its profits from HIMALAYA to UPL.

Dr Vishal Sodha, UPL Global Intellectual Property Head said: “EVEREST is an innovative herbicide developed by UPL. It is proven to improve crop yields and protect wheat crops from wild oats and other grassy and broadleaf weeds. This victory vindicates UPL’s intellectual property rights and confirms our position as a leading innovator in agricultural inputs. We invest significantly in bringing new and valuable solutions to growers, and we will always pursue appropriate legal measures to safeguard farmers' interests and defend our intellectual property.”

This court ruling is the latest decision obtained by UPL North America, Inc. and UPL Agrosolutions Canada Inc. against defendant AgraCity Crop & Nutrition Ltd. in a longstanding patent infringement lawsuit.

Website: http://www.uplonline.com

Published: November 23, 2022