Monsanto Won't Contest Generic Seeds After IP Expires

Law360, New York (December 18, 2009, 3:19 PM EST) -- As Monsanto fields accusations of anti-competitive conduct related to its genetically modified seed products, the company has indicated in a letter to growers that it will not try to stop them from planting its popular version of genetically modified soybeans after the patent expires in 2014.

Monsanto is gearing up for its genetically modified soybean product, Roundup Ready 1, to go off-patent. Roundup Ready 1 soybeans are genetically modified to be resistant to weed killer, allowing farmers to spray their crops without fear of harming the...
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