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Ag News
Climate-Related Genes-Patent Pending
Published Wednesday, May 14, 2008 at 04:50 AM
The report highlights the economic opportunities facing the biotechnology industry at a time of growing food insecurity, as well as the risks to its public image. Company officials dismissed the report's contention that the applications amount to an intellectual-property "grab," countering that gene-altered plants will be crucial to solving world hunger - but will never be developed without patent protections.
The ETC report concludes that biotech giants are hoping to leverage climate change as a way to get into resistant markets, and it warns that the move could undermine public-sector plant-breeding institutions such as those coordinated by the United Nations and the World Bank.
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