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Monsanto (MON) agreed to waive two years of royalties on its Roundup Ready soybean seeds for...

Monsanto (MON) agreed to waive two years of royalties on its Roundup Ready soybean seeds for Brazilian farmers who agree to forgo claims in a patent dispute. The agreement would resolve claims by growers who claim the patent expired in 2010, ending their obligation to pay royalties on the seeds, and helps resolve uncertainty about MON’s ability to collect fees on its new Intacta soybean.
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