October 3, 2003

US Biotech Firm Settles Lawsuit Over Salmon Dispute

US firm Igene Biotechnology has announced that it has settled a lawsuit with US agribusiness Archer Daniels Midland (ADM) concerning the latter's intellectual property rights over a method to alter the colour of farm-raised salmon.

Igene originally filed the lawsuit in 1997, alleging that a former Igene employee gave ADM trade secrets about how to breed farm-raised salmon that have pink colouring similar to wild salmon. ADM countersued, accusing Igene of infringing on its patent.