Biotech Values

[DewDiligence]

MON got the better of Bowman today:

http://www.nytimes.com/2013/02/20/business/justices-signal-a-monsanto-edge-in-patent-case.html

At Tuesday’s argument, Mr. Bowman’s lawyer received a markedly more hostile reception than Mr. Waxman [Monsanto’s lawyer]. He was peppered with skeptical questions from almost every justice.

“Why in the world,” Chief Justice John G. Roberts Jr. asked, “would anybody spend any money to try to improve the seed if as soon as they sold the first one anybody could grow more and have as many of those seeds as they want?”