FMC Corporation granted a temporary restraining order against Sharda USA LLC for patent infringement in the United States
Rhea-AI Summary
FMC (NYSE: FMC) has secured a temporary restraining order against Sharda USA for patent infringement. The order, granted by the United States District Court for the Eastern District of Pennsylvania, prohibits Sharda from importing, marketing, or selling premix products containing bifenthrin and cyano-pyrethroids covered by FMC's patents. This includes Sharda's 'Winner' insecticide product.
The lawsuit alleges that Sharda infringed on FMC's patents for insecticide products containing bifenthrin and zeta-cypermethrin, which FMC sells under the brand Hero® insecticide. FMC also claims that Sharda misappropriated their copyrighted product label for Hero®. This ruling reinforces FMC's commitment to protecting its intellectual property rights and supporting innovation in agriculture.
Positive
- FMC obtained a temporary restraining order against Sharda USA , protecting its patented insecticide products
- The court order validates FMC's intellectual property rights and reinforces its market position
- FMC demonstrates its commitment to defending its research and development efforts, potentially safeguarding future revenues
Negative
- None.
News Market Reaction
On the day this news was published, FMC gained 0.45%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, announced the United States District Court for the Eastern District of
The court order is part of an ongoing FMC lawsuit alleging that Sharda infringes on the company's
"We welcome the Court's decision, which underscores the critical role of patent compliance in the crop protection industry," said Michael Reilly, FMC executive vice president, general counsel and secretary. "This ruling validates FMC's position on intellectual property rights and reinforces the importance of these rights as a cornerstone for innovation and progress in agriculture. FMC is dedicated to vigorously protecting our rights and ensuring that the fruits of our research and development efforts continue to deliver value and support sustainable agriculture globally. Our resolve to defend and enforce our intellectual property is unwavering, as it is essential for advancing technology that serves the greater good of farmers, consumers, investors, and our dedicated workforce."
FMC Corporation is dedicated to advancing agricultural innovation through substantial investments in research and development. The company is committed to ensuring farmers have access to authentic crop protection products from reliable sources. Its #DealWithRealFMC social media campaign highlights the significant advantages of using trusted crop protection technologies and brands from reputable companies while also educating about the 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 5,800 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®.
Hero is a trademark of FMC Corporation and/or an affiliate. Hero insecticide is a Restricted Use Pesticide. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions.
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SOURCE FMC Corporation
FAQ
What legal action did FMC (NYSE: FMC) take against Sharda USA ?
Which FMC product is involved in the patent infringement lawsuit against Sharda?
What additional claim does FMC (NYSE: FMC) make against Sharda USA in the lawsuit?
How does the court order impact Sharda USA 's 'Winner' insecticide product?
