PHILADELPHIA, Aug. 15,
2023 /PRNewswire/ --
FMC Corporation (NYSE: FMC), a leading global agricultural
sciences company, announced the Mexican Federal Court of
Administrative Justice, Specialized Court in Intellectual Property
(Tribunal Federal de Justicia Administrativa, Sala
Especializada en Materia de Propiedad Intelectual), granted FMC
Corporation and FMC Agroquímica de México, S. de R. L. de C.V. a
preliminary injunction against Rainbow Agro Sciences, S.A. De C.V.
("Rainbow") for patent infringement relating to the company
seeking registration of chlorantraniliprole and
chlorantraniliprole-containing products in Mexico. Chlorantraniliprole is FMC's leading
insecticide ingredient branded as Rynaxypyr® active.
In addition, the preliminary injunction orders the Federal
Committee for Protection from Sanitary Risks (Comisión Federal para
la Protección contra Riesgos Sanitarios) (COFEPRIS) to
prohibit the import and export of chlorantraniliprole technical
from Rainbow in and out of Mexico
and denies Rainbow any registration for formulated products that
contain chlorantraniliprole.
"We are pleased with the Court's decision, which reflects its
understanding of the urgency of this matter and the importance of
using genuine, registered crop protection technologies on farms in
Mexico," said Michael Reilly, FMC executive vice president,
general counsel and secretary. "The principles decided by the Court
are significant for future infringement actions and reinforce FMC's
confidence in protecting and enforcing its patents around the
world. Our intellectual property rights are an essential tool to
drive innovation and continued significant investment in new crop
protection solutions."
FMC Corporation invests heavily in research and development to
bring the latest innovations to farms around the world. The company
is committed to ensuring farmers use genuine crop protection
products from legitimate sources. Its #DealWithRealFMC social
media campaign is helping to raise awareness about the numerous
benefits of using trusted crop protection technologies and brands
from reputable companies and the many risks posed by counterfeit
pesticide products. For more information, visit FMC Brand
Protection.
About FMC
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 6,600
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®.
Rynaxypyr is a trademark of FMC Corporation and/or an affiliate.
Always read and follow all label directions, restrictions and
precautions for use.
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 2022 Form 10-K 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.
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SOURCE FMC Corporation