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DELAWARE BIO
EVENTS ____________________
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THURSDAY, NOV. 12
Delaware Biotechnology Institute
15 Innovation Way, Newark, DE.
7:30 a.m. - 9:00 a.m.
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OTHER UPCOMING
EVENTS ____________________
OCTOBER 1
15 Innovation Way
Newark, DE 19711
9:00 a.m. - 5:00 p.m.
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OCTOBER 1
100 David Hollowell Drive
Newark, DE 19716
8:00 - 6:00 p.m.
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OCTOBER 11 - 14
New Cells for New Vaccines IV
Hotel du Pont
11th & Market Streets
Wilmington, DE 19801
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NOVEMBER 4
Calibration & Validation Clinic
Hosted by VWR
15 Innovation Way
Newark, DE 19711
12:00 - 2:30 p.m.
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NOVEMBER 16 - 17
Biotech 2009
Pennsylvania Convention Center
1101 Arch Street
Philadelphia, PA 19107
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MEMBER SPOTLIGHT
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June 26, 2009
DuPont reaches agreement with Bayer to license herbicide safener
By DANIELLE VICKERY
The News Journal
DuPont Co. and Bayer CropScience announced agreements Thursday to cross-license insect control and herbicide safeners, which settles several ongoing legal and patent disputes between the two companies.
The long-term agreements, which allow DuPont to use Bayer's LibertyLink trademark trait, should increase agricultural productivity by leading to the development of more effective means of protecting plant genetics.
"Really, the key part of this is our next generation of products," DuPont spokesman Doyle Karr said. "It gives us some new options, some combinations, as we're developing products down the road."
DuPont will likely not see an impact on sales from these agreements for a couple of years because the patent agreements involve biotechnology research of traits in corn and soybeans, Karr said. This requires researchers to breed in a trait and wait for it to grow, he added.
The agreement resolved three cases, Karr said. Two of the cases, from the end of last year, were based in Delaware and in North Carolina and involved herbicide safeners, which protect plant genetics against weed killers. The other case, also based in North Carolina, resolved a 2000 patent dispute about insect controls.
It is an important agreement for Bayer as well, Bayer CropScience spokesman Richard Breum said, adding it should enhance the company's biotechnology sector.
Breum also said the financial impact for Bayer could not be immediately determined.
The settlement involves just a few of the seed patents lawsuits DuPont is involved in.
DuPont and German rival BASF filed lawsuits against each other at the beginning of this month regarding alleged infringement on patents for herbicide-resistant crop technologies.
DuPont also was sued in May by St. Louis-based Monsanto Co., who alleged DuPont is misusing Monsanto's Roundup Ready technology -- herbicide-resistant traits for corn and soybean seeds - in Optimum GAT products.
DuPont countersued Monsanto last week and told a federal court that an existing licensing agreement, in which it pays more than $200 million a year to Monsanto to license Roundup Ready traits, enables DuPont to combine its genetically modified soybeans with Monsanto's herbicide product.
Agriculture growth is a top priority for DuPont, James Borel, DuPont group vice president, said at a February investor conference in New York. DuPont expects its agriculture business profits to grow 15 percent annually in the next five years.
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