U.S. Agriculture
 
 

Dow AgroSciences, Syngenta Agree to Cross License Corn Traits

Corn Growers to Benefit from Increased Flexibility, Options

Indianapolis, IN - April 01, 2009

Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company (NYSE: Dow), and Syngenta announced today an agreement to cross license their respective corn traits for commercialization within their branded seed businesses. The agreement will allow both companies to maximize the value of their technologies and to bring greater choice and flexibility to growers.

Under the terms of the agreement, Syngenta will receive global non-exclusive licenses, with stacking rights, to Dow AgroSciences’ HERCULEX® I Insect Protection for broad lepidopteran control, HERCULEX® RW for corn rootworm control and to HERCULEX XTRA, which is a combination of HERCULEX I and RW.

Additionally, Dow AgroSciences will receive global non-exclusive licenses with stacking rights to Syngenta’s Agrisure® GT trait for glyphosate tolerance, and to  its insect control traits Agrisure® CB/LL for corn borer and Agrisure® RW for corn rootworm. The licenses also include access to Syngenta’s Agrisure Viptera™ trait for broad lepidoptera and to a second generation trait for corn rootworm control.  

Jerome Peribere, president and CEO of Dow AgroSciences, said, “With the combination of technologies, corn growers will benefit from increased flexibility through their preferred trait platforms, and we continue to be pleased that growers find the industry-leading HERCULEX® technology to be a valuable option to increase productivity due to improved pest protection.”

Financial terms of the agreement have not been disclosed.

About Dow AgroSciences
Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top-tier agricultural company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. Dow AgroSciences provides innovative technologies for crop protection, pest and vegetation management, seeds, traits, and agricultural biotechnology to serve the world's growing population. Global sales for Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, were $4.5 billion in 2008. Learn more at www.dowagro.com.

 

Herculex® is a trademark of Dow AgroSciences LLC.
Agrisure®, Agrisure Viptera™ and the Syngenta logo are trademarks of a Syngenta Group Company.
Agrisure Viptera™ is not currently approved for sale or use in the U.S. and is not being offered or promoted for sale. Agrisure Viptera™ will not be available for sale until all necessary regulatory approvals and authorizations have been granted.


For Editorial Information:

Robyn Heine
Dow AgroSciences LLC
(317) 337-4807