PHILADELPHIA, Sept. 13, 2021 /PRNewswire/ -- FMC Corporation
(NYSE: FMC) announced that Qingdao Intermediate Court in
China has ruled in its favor in
the chlorantraniliprole patent infringement suit against Shandong
Weifang Rainbow Chemical Co. Ltd. ("Rainbow"). The Court found
Rainbow infringed on FMC's composition of matter patent for the
insecticidal active ingredient chlorantraniliprole and a key
intermediate to manufacture chlorantraniliprole.
The judgement includes a permanent injunction ordering Rainbow
to immediately stop manufacturing, selling, offering to sell and
using chlorantraniliprole, upon the effective date of the
judgement. The court also ordered the China-based crop protection manufacturer to
compensate FMC for related damages. Rainbow's infringement had
enabled it to unfairly compete in the crop protection market and
benefit from FMC's significant investments in this important
product.
"We are pleased with the decision of the Court," said
Michael Reilly, FMC executive vice
president, general counsel and secretary. "This decision
strengthens FMC's confidence in protecting and enforcing its
patents in China. This result also
reinforces the value of our commitment to bring innovation to
growers around the world."
FMC maintains an extensive patent estate for its proprietary
chlorantraniliprole technology, including patents that cover active
ingredient composition of matter, manufacturing, formulations and
other areas protected by intellectual property laws in the U.S.,
China, India, and other important agricultural
markets throughout the world. The company has invested
significantly to research, develop and commercialize
chlorantraniliprole, a proprietary, breakthrough technology
designed to control a wide variety of destructive insects that can
destroy a farmer's crops and dramatically lower food production.
FMC markets its products that contain chlorantraniliprole under
several brand names around the world, including
Rynaxypyr® active, Coragen® insect control,
Altacor® insect control, Prevathon® insect
control, Premio® insect control and Ferterra®
insect control.
"Intellectual property rights are essential for the continued
innovation of crop protection solutions and thereby serve the
interest of our growers, customers, investors, employees, suppliers
and partners. Infringing, illegal and counterfeit crop protection
products not only reduce incentives for investing in innovation,
they can pose a health and safety risk for growers and consumers,
as well as an environmental hazard," said Reilly. "FMC is committed
to product stewardship, sustainability and vigorously defending our
intellectual property. By enforcing our patents, we help keep these
illegal products out of the market."
About FMC
FMC Corporation is a global agricultural sciences company
dedicated to helping growers produce food, feed, fiber and fuel for
an expanding world population while adapting to a changing
environment. FMC's innovative crop protection solutions – including
biologicals, crop nutrition, digital and precision agriculture –
enable growers, crop advisers and turf and pest management
professionals to address their toughest challenges economically
while protecting the environment. With approximately 6,400
employees at more than 100 sites worldwide, FMC is committed to
discovering new herbicide, insecticide and fungicide active
ingredients, product formulations and pioneering technologies that
are consistently better for the planet. Visit fmc.com to learn more
and follow us on LinkedIn® and
Twitter®.
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SOURCE FMC Corporation