Dow AgroSciences (Dow) and Monsanto announce a global business agreement that establishes cooperative arrangements.Dow AgroSciences Dow AgroSciences LLC is a wholly owned subsidiary of the Dow Chemical Company specializing in not only agricultural chemicals such as pesticides, but also seeds and biotechnology solutions. The company is based in Indianapolis, Indiana, in the United States. (Dow (Direct OverWrite) See magneto-optic disk. ) and Monsanto The Monsanto Company (NYSE: MON) is a multinational agricultural biotechnology corporation. It is the world's leading producer of the herbicide glyphosate, marketed as "Roundup". announce a global business agreement that establishes cooperative cooperative Organization owned by and operated for the benefit of those using its services. Cooperatives have been successful in such fields as the processing and marketing of farm products and the purchasing of other kinds of equipment and raw materials, and in the arrangements that will give farmers new technology options and more choice in the products to meet their needs. Under this agreement: * Dow and Monsanto cross licensed intellectual property and product licenses in corn and soybeans on a non-exclusive basis. * Dow and Monsanto also established cross licenses of cotton technologies on a non-exclusive basis. * Dow and Monsanto also established non-exclusive cross licenses of certain enabling technologies. The companies agreed to settle outstanding legal disputes. |
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