Monsanto’s $1 Billion Win Against DuPont Appears Vulnerable
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Monsanto Co.’s $1 billion jury victory against DuPont Co. over a patent for genetically modified soybeans may be vulnerable, mostly because of the amount of the damages.
The award, handed down Aug. 1 by a federal jury in Monsanto’s hometown of St. Louis, was the largest in the U.S. this year and the fourth biggest patent verdict in U.S. history. Two of the three awards that exceeded that amount were thrown out on appeal and the other was cut by almost two-thirds after a settlement.