KZA 0.00% 44.0¢ kazia therapeutics limited

novogen - soy

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    Dow Jones Business News
    Solae Co. Was Formed By DuPont, Bunge Ltd
    Wednesday June 4, 2:38 pm ET


    NEW YORK -(Dow Jones)- Solae Co. sued Archer Daniels Midland Co. (NYSE:ADM - News) and Amerifit Nutrition Inc. for alleged patent infringement of its newly unveiled dietary supplements.
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    Officials from Archer Daniels Midland, Decatur, Ill., and Amerifit, Bloomfield, Conn., weren't immediately available to comment on the lawsuit, which was filed in the District Court of Eastern Missouri.

    Solae, a St. Louis-based joint venture of Dupont and Bunge Ltd. (NYSE:BG - News) , alleges that Archer Daniels Midland's Novasoy and Amerifit's Estroven products infringe some patent rights of Solae's soy isoflavone concentrates.

    Solae Chief Executive Tony Arnold said in a press release that his company will aggressively defend its associated intellectual property portfolio.

    In April, Dow component DuPont and soybean exporter Bunge launched Solae, which produces and distributes specialty food ingredients.

    -Eamon Beltran; Dow Jones Newswires; 201-938-5400

    Reached later, an Archer-Daniels Midland spokeswoman said it is the company's policy not to comment on pending litigation.
 
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