NEW DELHI (Reuters) – Monsanto Co has appealed to India’s Supreme Court against a ruling by the Delhi High Court which decreed last month that the world’s biggest seed maker cannot claim patents on its GM cotton seeds, a company spokesman said on Friday. The Delhi High Court last month concurred with Indian seed company […] Read more
Tag Archives Monsanto — page 2
Monsanto loses Indian legal battle over GM cotton patents
NEW DELHI (Reuters) – A court ruled on Wednesday that Monsanto cannot claim patents on its genetically modified (GM) cotton seeds in India, the Indian company that brought the case said. Citing an Indian law that excludes seeds from being patented, Nuziveedu Seeds Ltd (NSL) argued that the U.S. seeds company was not eligible to […] Read more
Indian state warns local firms over spread of unauthorized Monsanto GM cotton
NEW DELHI (Reuters) – A top Indian cotton-growing state has told two local companies that seeds they sold to farmers may have contained traces of an unapproved GM strain from Monsanto, according to government notices seen by Reuters that warn of action against the firms. U.S. agrochemicals company Monsanto Co told Reuters late last year […] Read more
Battle of the beans
WINNIPEG/CHICAGO — Monsanto is facing major threats to its historic dominance of seed and herbicide technology for the $40 billion U.S. soybean market. Rivals BASF and DowDuPont are preparing to push their own varieties of genetically modified soybeans. At stake is control over seed supply for the next generation of farmers producing the most valuable […] Read more
Monsanto halts launch of U.S. seed treatment after users complain of rashes
CHICAGO, Nov 1 (Reuters) – Monsanto Co. has put on hold the launch of a new seed treatment following reports it causes rashes on people. It is the latest instance of complaints about a company product that was approved by U.S. environmental regulators. Monsanto froze plans for commercial sales of the product called NemaStrike, which […] Read more
Monsanto 4th quarter profit up as corn, soy seed sales jump
CHICAGO, Oct 4 (Reuters) – Monsanto Co, which is being acquired by Bayer AG , reported a quarterly profit of US$20 million, compared with a year-ago loss of $191 million, as seed licensing deals in the typically low-revenue fourth quarter lifted sales. Monsanto shares were up slightly at $119.88 after earlier touching a more-than-two-year high. […] Read more
Bayer to sell Liberty crop protection brands in Monsanto deal
FRANKFURT, Germany (Reuters) — Bayer has agreed to sell its Liberty herbicide and LibertyLink-branded seed businesses to win antitrust approval for its acquisition of Monsanto. The divestment of the two global brands, a requirement imposed by South Africa’s Competition Commission, will account for the bulk of asset sales, worth about $2.5 billion, which need to […] Read more
Bayer to sell Liberty crop protection brands to get Monsanto deal passed
FRANKFURT, Germany (Reuters) — Bayer has agreed to sell its Liberty herbicide and LibertyLink-branded seeds businesses to win antitrust approval for its acquisition of Monsanto. The divestment of the two global brands, a requirement imposed by South Africa’s Competition Commission, will account for the bulk of asset sales, worth about $2.5 billion, which need to […] Read more
Monsanto Q2 profit jumps on strong demand for seeds
CHICAGO, Ill. (Reuters) — U.S. seeds and agrochemicals company Monsanto Co., which is in the process of being bought by Germany’s Bayer AG for $66 billion, reported a better-than-expected quarterly profit today, helped by strong demand for its soybean and corn seeds. Monsanto’s shares were up 1.6 percent at $115.84 after earlier hitting a 22-month […] Read more
EPA approves Monsanto’s dicamba weed killer
Nov 9 (Reuters) – U.S. seeds and agrochemicals maker Monsanto Co has secured approval from the U.S. Environmental Protection Agency for a new formulation dicamba-based weed killer designed for its next generation biotech soy and cotton varieties, the company said on Wednesday. The dicamba-tolerant trait in soybeans and cotton was approved in 2015, and the […] Read more
