India's top court backs Monsanto on GM cotton paymentsStaff Writer | January 8, 2019
India’s Supreme Court ruled that Monsanto can claim patents on its genetically modified cotton seeds in the world’s biggest producer of the fibre.
Asia The decision on appeal overturns an earlier ruling
The outcome is positive for foreign agricultural companies such as Monsanto, Bayer, Dupont Pioneer and Syngenta which have been concerned that they could lose patents on GM crops in India.
Mahyco Monsanto Biotech (India) (MMB), a joint venture between Monsanto and India’s Maharashtra Hybrid Seeds Co (Mahyco), sells GM cotton seeds under license to more than 40 Indian seed companies, which in turn sell product to retailers. ■