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JUDGE RULES CORTEVA'S IP LAWSUIT AGAINST INARI CAN MOVE AHEAD
Aug. 6, 2024
By Blake Brittain, Reuters
Wilmington, DE -- Agriculture technology giant Corteva Agriscience (CTVA.N), opens new tab can move forward with its lawsuit accusing startup Inari Agriculture of unlawfully copying its patented seeds, according to a ruling made public in Delaware federal court on Monday.
U.S. District Judge John Murphy refused to dismiss, opens new tab the lawsuit, finding that Inari failed to prove at an early stage of the case that its Belgian subsidiary could develop its own genetically modified plants from Corteva's seeds without violating U.S. intellectual property laws.
Spokespeople for Inari did not immediately respond to a request for comment on the decision. A spokesperson for Corteva declined to comment.
Delaware-based Corteva spun off from DowDuPont (DOW.N), opens new tab in 2019. It sued Cambridge, Massachusetts-based Inari last year, alleging that the competing startup obtained Corteva's protected seed samples from a nonprofit and transferred the seeds to its Belgian branch to exploit them, violating a Corteva patent and other intellectual property rights.
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