Monsanto, Dow AgroSciences Reach New Cross-Licensing Agreements

Monsanto and Dow AgroSciences have obtained new cross-licensing agreements to create the next generation of advanced weed and insect control technology in corn. The agreements build on the competitive standard set by SmartStax and creates the opportunity to bring together three different modes of action for below-ground insect control in a corn product. Monsanto will license Dow AgroSciences’ Enlist Weed Control System herbicide-tolerant trait for use in field corn and Dow AgroSciences will license Monsanto’s Corn Rootworm III. These technologies -should be introduced in each company’s respective germplasm and sold competitively by both. Dow

 

AgroSciences President and CEO Antonio Galindez says this agreement takes the outstanding value offered by SmartStax to a new level – allowing growers increased flexibility with highly effective new modes of action for weed and insect management. Monsanto President and Chief Commercial Officer Brett Begemann says Monsanto continues to look for additional modes of action that offer benefits to customers and complement the company’s existing offerings.

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