St. Louis, Missouri
May 13, 2004
Monsanto Company (NYSE:
MON) announced today that
Dow AgroScience
(DAS) has dismissed with prejudice a 1995 lawsuit, originally
filed by Mycogen Plant Genetics, Inc., now owned by DAS, related
to biotech-gene technology for protection of plants against
insect damage. The abandonment of the litigation followed an
earlier determination by the U.S. Patent and Trademark Office,
confirming Monsanto's scientists were the first to invent this
important technology.
"This dismissal is
further indication that Monsanto consistently prevails in legal
disputes over which company's scientists were first to invent
the important crop-improvement technology of synthetic Bt
genes," said Robert T. Fraley, Ph.D., executive vice president
and chief technology officer for Monsanto.
Dow AgroScience's
suit had been pending in U.S. District Court in San Diego since
1995 and was dismissed once based on multiple grounds, including
Monsanto's successful 1998 patent trial over Mycogen in Delaware
on related patent claims, but the California case was later
partially reinstated by an appellate court to address certain
contested factual matters. In February, the U.S. Trade and
Patent Office decision decided in favor of Monsanto on the
central issue of which company's scientists were the first
inventors of the technology claimed by various patents.
The May 19, 1995,
Mycogen Plant Science patent suit filed in the U.S. District
Court in California did not involve any current Monsanto seed
products. On March 29, 2004, DAS filed a legal action in
federal court in Indiana seeking to appeal the adverse decision
of the U.S. Patent and Trademark Office. Monsanto has moved to
transfer that new appeal to the California court, which has
previously considered the disputes between the companies
relating to this technology and will seek the complete dismissal
of the matter in light of the prior legal rulings against
Mycogen that have been upheld on appeal.
Monsanto Company a leading global provider of technology-based
solutions and agricultural products that improve farm
productivity and food quality. |