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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Genus gets green light to launch GSS

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
It’s all systems go as animal genetics specialist Genus (GNS) can launch its Genus Sexed Semen (GSS) technology in the US and other global markets as legal issues are resolved.
Using GSS, farmers can produce female calves for milk.
A ruling by the US District Court in Wisconsin removes contractural restrictions which prevented Genus subsidiary ABS Global from launching an alternative to existing solution Sexing Technologies, owned by Inguran. The court decision effectively breaks the latter’s monopoly on this market.
Other companies in the US who use Sexing Technology have to provide a year’s notice before using GSS, which may slow uptake.
Peel Hunt analyst Charles Hall says the ruling provides Genus with the chance to greatly reduce its GSS license fee, expand its market and supply its products to third parties. (LMJ)
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