AGL 38.30 Increased By ▲ 0.08 (0.21%)
AIRLINK 133.25 Increased By ▲ 4.28 (3.32%)
BOP 8.85 Increased By ▲ 1.00 (12.74%)
CNERGY 4.68 Increased By ▲ 0.02 (0.43%)
DCL 8.64 Increased By ▲ 0.32 (3.85%)
DFML 39.70 Increased By ▲ 0.76 (1.95%)
DGKC 85.38 Increased By ▲ 3.44 (4.2%)
FCCL 34.84 Increased By ▲ 1.42 (4.25%)
FFBL 75.55 Decreased By ▼ -0.16 (-0.21%)
FFL 12.84 Increased By ▲ 0.02 (0.16%)
HUBC 109.80 Decreased By ▼ -0.56 (-0.51%)
HUMNL 14.14 Increased By ▲ 0.13 (0.93%)
KEL 5.40 Increased By ▲ 0.25 (4.85%)
KOSM 7.76 Increased By ▲ 0.09 (1.17%)
MLCF 41.20 Increased By ▲ 1.40 (3.52%)
NBP 70.05 Decreased By ▼ -2.27 (-3.14%)
OGDC 194.25 Increased By ▲ 5.96 (3.17%)
PAEL 26.20 Increased By ▲ 0.57 (2.22%)
PIBTL 7.39 Increased By ▲ 0.02 (0.27%)
PPL 163.85 Increased By ▲ 11.18 (7.32%)
PRL 26.39 Increased By ▲ 1.00 (3.94%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.60 Increased By ▲ 2.18 (2.64%)
TELE 8.00 Increased By ▲ 0.41 (5.4%)
TOMCL 34.00 Increased By ▲ 1.43 (4.39%)
TPLP 8.73 Increased By ▲ 0.31 (3.68%)
TREET 17.15 Increased By ▲ 0.37 (2.21%)
TRG 60.70 Increased By ▲ 4.66 (8.32%)
UNITY 29.00 Increased By ▲ 0.22 (0.76%)
WTL 1.36 Increased By ▲ 0.01 (0.74%)
BR100 10,786 Increased By 127.6 (1.2%)
BR30 32,266 Increased By 934.6 (2.98%)
KSE100 100,083 Increased By 813.5 (0.82%)
KSE30 31,193 Increased By 160.9 (0.52%)
Markets

Brazil cotton farmers to challenge patent rights of Bayer GMO seed

SAO PAULO: Brazilian cotton producers in the state of Mato Grosso plan to file a lawsuit requesting cancellation of
Published July 11, 2019

SAO PAULO: Brazilian cotton producers in the state of Mato Grosso plan to file a lawsuit requesting cancellation of a patent protection related to Bayer AG's Bollgard II RR Flex genetically modified cotton seed, newspaper Valor Econômico reported on Thursday.

The news report said farmers in the Mato Grosso Cotton Producers Association (AMPA) will allege that the genetically modified seed does not constitute a de facto technological innovation. Mato Grosso soybean farmers used a similar argument when they sued in Brazil to cancel patent rights over the widely used Intacta RR2 PRO seed.

Sidney Pereira de Souza Jr., the attorney representing the farmers, could not provide an immediate comment.

In a statement on Thursday, Bayer said it had not been formally notified of any patent dispute related to the Bollgard II RR Flex technology. Bayer noted that this cotton seed technology was quickly adopted by Brazilian cotton growers, and was the most used in Mato Grosso.

Valor quoted AMPA as saying they will request a refund of $150 million worth of royalties they have already paid for use of the technology.

The farmers association did not provide an immediate comment.

Bollgard II RR Flex combines resistance to insects and weed-killers. The technology was developed by US-based Monsanto, a company taken over by Germany's Bayer in a $63 billion transaction.

No binding ruling has been issued in relation to the Intacta patent dispute, a Bayer spokeswoman said by telephone.

Copyright Reuters, 2019

Comments

Comments are closed.