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Arcadia Biosciences announces end of patent lawsuit against Arista Cereal Technologies

Arcadia Biosciences Inc (NASDAQ:RKDA) CEO Raj Ketkar tells Proactive Investors that its lawsuit against Arista Cereal Technologies has ended due to a jurisdictional decision by the court.

Ketkar says the lawsuit, filed in New York, sought to correct the rights to inventorship on key patents for Arista’s high-amylose wheat. With this, Arcadia is moving forward with its GoodWheat portfolio towards commercialization.

Quick facts: Arcadia Biosciences Inc

Price: 4.1 USD

NASDAQ:RKDA
Market: NASDAQ
Market Cap: $35.45 m
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