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[genet-news] BUSINESS & SEEDS: Syngenta, Dow to cross license GM corn






------------------------------- GENET-news -------------------------------

TITLE:  SYNGENTA, DOW TO CROSS LICENSE GM CORN

SOURCE: Reuters, UK

AUTHOR: Jason Rhodes

URL:    http://www.reuters.com/article/marketsNews/idUSL165455220090401

DATE:   01.04.2009

------------------ archive:  http://www.genet-info.org/ ------------------


SYNGENTA, DOW TO CROSS LICENSE GM CORN

ZURICH, April 1 (Reuters) - Syngenta and Dow Agrosciences have agreed to cross license corn seeds genetically modified to resist insect attack or herbicide. Syngenta, the world?s largest agrochemicals company which makes products to kill weeds and bugs as well as genetically modified seeds, did not reveal financial details of the deal on Wednesday. Under the terms of the agreement, Syngenta will receive global non-exclusive licenses to Dow AgroSciences Herculex I Insect Protection trait for broad moth control and to Herculex RW for corn rootworm control. Dow AgroSciences will get global non-exclusive licenses to its Agrisure GT trait for tolerance to the herbicide glyphosate, and to Agrisure CB/LL against corn borers and Agrisure RW for corn rootworm. The licenses also include access to Syngenta?s Agrisure Viptera trait for broad moth control and to a second generation trait for corn rootworm, Syngenta said. (Reporting by Jason Rhodes; Editing by Dan Lalor)


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