) has received the "Patents for Humanity" award from the United
States Patent and Trademark Office (USPTO) for its research
efforts to improve nutrition, production and availability of
sorghum, the staple crop of Africa.
The program rewards companies who bring life-saving
technologies to underserved people of the world while bringing
out the importance of patents and showing how they form an
integral part of tackling the world's challenges.
The award follows a competition to recognize patented
technologies that address humanitarian needs. The award also
brings out the importance of collaboration across the public and
private sectors to bring solutions to the people and places that
need it most.
Roughly 500,000 children become blind from Vitamin A
deficiency and nearly 600,000 women die from child-birth related
causes in Africa every year. About 300 million people in Africa
depend on sorghum as a staple crop but do not have access to
another staple that provides the essential nutrients that sorghum
To address this, DuPont has partnered with number of
organizations, including Africa Harvest Foundation International,
the primary coordinating organization for the Africa Biofortified
Sorghum (ABS) initiative to increase the amount and stability of
pro-vitamin A, iron and zinc, and improve protein digestibility
of sorghum. The ABS initiative is expected to be extended in the
next few years to the Africans who rely upon Sorghum, which is
deficient in key nutrients.
Last month, DuPont was recognized among the world's top 50
most admired companies by the Fortune magazine. DuPont was ranked
No. 41 in Fortune's Top 50 "World's Most Admired Companies" list.
DuPont has been featured in the list for the last 4 years and it
is for the second consecutive year that it has been recognized on
the list in its sector.
DuPont is a global chemical and life sciences company and is
witnessing significant momentum in its agriculture business,
boosted by higher volume and market share gains in seed genetics
and crop protection. It expects continued strong growth in crop
protection in 2013, driven by new products.
DuPont currently holds a short-term Zacks Rank #3 (Hold).
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