Gevo (GEVO -6.5%) says the USPTO has provided it with a favorable ruling in its legal battle...

|By:, SA News Editor

Gevo (GEVO -6.5%) says the USPTO has provided it with a favorable ruling in its legal battle with BP and DuPont's Butamax JV, rejecting Butamax patent claims related to a yeast product that can be used to create isobutanol. Canaccord previously suggested a resolution of Gevo's dispute with Butamax could give its shares a lift.