Biotechnology Companies Seek Patents on Drought-resistant Crops
A handful of the world’s largest agricultural biotechnology companies are seeking hundreds of patents on gene-altered crops designed to withstand drought and other environmental stresses, part of a race for dominance in the potentially lucrative market for crops that can handle global warming. Three companies — BASF of Germany, Syngenta of Switzerland and Monsanto of St. Louis — have filed applications to control nearly two-thirds of the climate-related gene families submitted to patent offices worldwide. Many of the world’s poorest countries, destined to be hit hardest by climate change, have rejected biotech crops, citing environmental and economic concerns.
Tags: agricultural biotechnology companies, BASF, drought-resistant crops, genetically-altered crops, Monsanto, pantents, Syngenta
