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Monsanto may appeal Brazil royalties ruling

Reuters  |  SAO PAULO 

By Ana ManoSAO PAULO (Reuters) - Monsanto Co is considering appealing a Brazilian court ruling obliging it to deposit in an escrow account the royalties related to its Intacta RR2 Pro soy seed biotechnology, the company said in a statement on Tuesday."Monsanto is weighing options for appealing (the ruling) and will take all measures to protect its legal rights," the statement said.Last week, a Brazilian judge ordered units of Monsanto Co to deposit the royalties related to that genetically modified seed in an escrow account pending the outcome of litigation over a patent dispute between ...

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First Published: Tue, July 10 2018. 19:15 IST