Syngenta drops plans for Indian rice venture
A statement from Syngenta, released on Tuesday (10 December), confirmed that the company — which would have gained commercial rights to the university's collection of more than 19,000 local rice strains — had dropped the proposal.
Environmentalists and some scientists opposed the deal on the grounds that the collection was a national wealth and not private property. IGAU would have received an undisclosed amount of money and royalties from the company in exchange for access to the collection.
© SciDev.Net 2002
Link to Nature news story
Photo credit: FAO