Brazil judge orders Monsanto to deposit royalties related to GMO seed
SAO PAULO (Reuters) - A Brazilian judge has ordered units of Monsanto Co to deposit royalties related to the Intacta RR2 pro genetically modified soy seed technology, according to a copy of the decision seen by Reuters.
FILE PHOTO: Monsanto is displayed on a screen where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2016. REUTERS/Brendan McDermid/File Photo
The ruling relates to a patent dispute between Brazilian soy growers and the U.S. seeds company, now a unit of Bayer AG. The Monsanto royalty decision is effective immediately, a lawyer for the plaintiffs said.