PHILADELPHIA, May 10, 2022
FMC Corporation (NYSE: FMC), a leading global agricultural
sciences company, announced the Ningbo Intermediate People's Court
in Zhejiang Province, China, granted FMC Agro Singapore Pte. Ltd a
pre-suit preliminary injunction to stop infringement of a
chlorantraniliprole patent. Chlorantraniliprole is FMC's leading
insecticide ingredient branded as Rynaxypyr® active.
The pre-suit preliminary injunction restrains Zhejiang Yongtai
Technology Co. Ltd. ("Yongtai Technology") from engaging in any
activity of offering to sell chlorantraniliprole until FMC's patent
expires, including by doing so at trade fairs.
"We are pleased with the Court's decision, which reflects its
understanding of the urgency of this matter and its impact on the
crop protection market in China,"
said Michael Reilly, FMC executive
vice president, general counsel and secretary. "The principles
decided by the Court are also significant for future infringement
actions, as being one of very few cases anywhere in China where a trial court has granted pre-suit
injunctive relief under the China Patent Law and standards outlined
by the Chinese Supreme Court. The Ningbo Intermediate
People's Court determined that Yongtai Technology's infringing acts
violated the China Patent Law and created a need for urgent relief
to protect FMC's patent rights."
For nearly four decades, FMC has provided proprietary insect,
disease and weed control technologies to ensure that Chinese
farmers have access to world-class product technologies. The
company employs more than 600 people in China, where it operates a world-class
innovation center in Shanghai and
two manufacturing facilities in Shanghai and Jiangsu.
"Our intellectual property rights are an essential tool to drive
innovation and continued investment in the Chinese crop protection
market," said Pramod Thota, interim
president for FMC's Asia Pacific Region and president of FMC
U.S.A. "This decision reinforces
the value of our commitment to bring innovative, high-quality crop
protection solutions to growers in China and around the world."
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®.
Rynaxypyr is a trademark of FMC Corporation or an affiliate.
Always read and follow all label directions, restrictions and
precautions for use. Products listed may not be registered for sale
or use in all states, countries or jurisdictions.
Statement under the Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995: This release
contains forward-looking statements, which are based on
management's current views and assumptions regarding future events,
future business conditions and the outlook for the company based on
currently available information. These statements involve known and
unknown risks, uncertainties and other factors that may cause
actual results to be materially different from any results, levels
of activity, performance or achievements expressed or implied by
any forward-looking statement. These factors include, among other
things, the risk factors and other cautionary statements included
within FMC's 2021 Form 10K filed with the SEC as well as other SEC
filings and public communications. FMC cautions readers not to
place undue reliance on any such forward-looking statements, which
speak only as of the date made. Forward-looking statements are
qualified in their entirety by the above cautionary statement. FMC
undertakes no obligation, and specifically disclaims any duty, to
update or revise any forward-looking statements to reflect events
or circumstances arising after the date on which they were made,
except as otherwise required by law.
View original content to download
SOURCE FMC Corporation