FMC Corporation awarded increased damages arising from patent infringement in China
FMC Corporation, an agricultural sciences company, announced that the Supreme Court of China (SPC) has ordered several agrichemical manufacturers in China found guilty of patent infringement to pay FMC close to USD 1 million in damages as a result of FMC's appeal. The amount is among the highest damages awarded in patent infringement suits in China’s pesticide industry in recent times.