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Friday, 17 May 2013 15:25 |
The U.S. Supreme Court ruled that a farmer's replanting of harvested Roundup Ready© soybeans violates Monsanto Company's patent rights.
The ruling leaves in place a former court award of $84,456 against farmer Vernon Bowman for planting and harvesting the soybeans, which he had purchased as commodity beans from a local grain elevator or saved from his prior harvests.
Relying on the theory of "patent exhaustion," Bowman argued that Monsanto's patent rights exhausted after the first sale of the seed and did not apply to later uses or sales.
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