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18Asimilarmarketthatcomestomindisthepharmaceuticalindustry.Obviouslythepharmaceuticalindustryhasdealtwithsimilarissuesovertheyearswiththeregulatoryrequirementsx1eorthedevelopmentandcommercializationox1edrugs.OvertheyearsthepharmaceuticalindustryhasdevelopedasystemwiththeU.S.regulatoryagenciestoallowx1eorgenericstoenterthemarketplaceonceapatenthasexpired.TheDrugPriceCompetitionandPatentTermRestorationActmorecommonlyknownastheHatch-WaxmanActallowstheFDAtoapproveapplicationstomarketgenericversionsox1ebrand-namedrugsreleasedax1eter1962withoutrepeatingex1efcacyandsax1eetyresearch.Agenericdrugmakermustsimplysubmitanapplicationax1eterapatenthasexpiredthatbasicallystatesthatthegenericdrugmakerwillbecreatinganidenticaldrugtothepatenteddrugthatwentthroughtheregulatoryapprovalprocess.Thereareox1ecourseobviousdix1ex1eerencesbetweenthepharmaceuticalandagricultureindustrieswhichmaycreatenewhurdlesx1eorthedevelopmentandimplementationox1esimilarregulatorymechanismsx1eortheagricultureindustry.HoweveritisyettobedeterminedwhethertheU.S.governmentwilldevelopsomesortox1esimilarmechanismtotheHatch-WaxmanActtoaidintheintroductionox1egenericGMseedintothemarketplaceax1eteragiventrait-basedpatentexpires.Intheendinspiteox1ethex1eactthatCanadaandtheUnitedStateshavelonghistoriesasworldleadersx1eorinnovationandtheintroductionox1enewtechnologiestheex1ex1eectox1etheexpirationox1ethetrait-basedpatentsonNorthAmericaandtheworldisacompleteunknown.Obviouslytheredoesnotappeartobeasilverbullettothecomplexityox1etheissues.Thenextcoupleox1eyearswillbeinterestingx1eortheagricultureindustry.BarbaraCampbellandJamesM.WeatherlyEditorx19sNoteBarbaraCampbellandJamesM.WeatherlyareattorneysintheIntellectualPropertyTechnologyandMediaDepartmentofHolmeRobertsOwenLLPinDenverColo.CampbellandWeatherlyhaveover11yearsofcombinedexperienceinprosecutingagricultureandbiotechnology-basedpatentsplantpatentsplantbreedersx19rightsandtrademarksthroughouttheworld.Monsantox19sCanadianCommitmentMonsantotheholderoftheoriginalRoundupReadypatenthasmadeanumberofcommitmentstoCanadianseedcompanieswithexistingOR1soybeanlicensestosupportthecontinuingavailabilityanduseofthistechnologyinthepost-patentenvironment.TheseincludeSupportingseedcompaniesinthecontinuedproductionandsaleofOR1soybeanvarietiesafter2011ifthatisadecisiontheychoosetomakeNotrequiringseedcompanylicenseestodestroyorreturnseedtothepatentholderuponexpiryoftheirOR1soybeantraitlicensesSupportingseedcompaniesthatchoosetoworkwiththenext-generationGenuityRoundupReady2YieldsoybeantechnologybynotprecludingthemfromsellingvarietieswiththeoriginalOR1technologyafterpatentexpiryshouldtheychoosetodosoandMaintainingfullglobalregulatorysupportfortheOR1soybeantechnologythrough2021insupportofdomesticandinternationalsalesandprocessingactivities.Theeffectoftheexpirationofthetrait-basedpatentsonNorthAmericaandtheworldisacompleteunknown.Cropqualityreducedcostsandhigherprofts...Asimplematterox12seedtestingLEARNMORE2020seedlabs.ca1-877-420-2099NiskuABLethbridgeABWinnipegMBISO90012008CertiedISTAAccreditedCFIAAccreditedTrademarksofAIRMILESInternationalTradingB.V.UsedunderlicensebyLoyaltyOneInc.and2020SeedLabsInc.