Dow AgroSciences LLC, Indianapolis, and Monsanto Company, St. Louis, reach an agreement on a series of royalty-bearing licenses and options to products and technologies related to insect-protected corn and Roundup Ready corn, soybeans, cotton and canola. (At Closing News).
Dow AgroSciences LLC, Indianapolis, and Monsanto Company, St. Louis, reach an agreement on a series of royalty-bearing licenses and options to products and technologies related to insect-protected corn and Roundup Ready corn, soybeans, cotton and canola. The agreement includes the following: Monsanto will provide Dow AgroSciences with royalty-bearing licenses relating to Monsanto's events for Roundup Ready products, as well as YieldGard insect-protected corn events for corn borer borer, name applied to various animals that are injurious because of their ability to penetrate plant or animal tissues. Among insects, some borers are beetles, e.g., the flatheaded apple-tree borer, a serious pest of many shade and fruit trees; the roundheaded apple-tree borer; and the bronze birch, locust, elm, shot-hole, and poplar borers. Other boring insects are moths that are harmful in the larval stage, e.g. and corn rootworm; and Dow AgroSciences will provide Monsanto a royalty-bearing license to Herculex I Insect Protection corn for use in Monsanto's Latin American corn business together with options to license additional technology. Other parts of the agreement resolved earlier technology disputes regarding insect-protected corn and herbicide-tolerant corn, cotton and canola.
COPYRIGHT 2002 Doane Information Service
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion