Seeds of change: How expiring patents are cultivating agricultural diversity
The agrochemical industry is poised for transformation. As patents on key active ingredients expire between 2023 and 2028, according to S&P Global, the rise of generic pesticides offers a lifeline to farmers in developing countries, even as it raises new questions about innovation, competition, and sustainability in global agriculture.
In this article, Nathaniel Lucek and John DiMaio provide insight and analysis into what expiring patents mean for the agrochemical industry.