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2007-06-22 | permalink
Monsanto and Bayer CropSciences agree to produce stacked RR-LL GE corn and soy
Agro-firms Monsanto and Bayer CropSciences have entered into a series of new agreements, which could result in crops that contain two of the leading herbicide technologies - Roundup Ready and LibertyLink. The long-term business and licensing agreements relate specifically to corn and soybean crops, the two largest field crops in terms of acreage in the United States. Bayer CropScience will grant Monsanto a royalty bearing, non-exclusive license for its LibertyLink herbicide tolerance technology for use in these crops, allowing Monsanto to market corn and soybean seeds which contain both its own Roundup Ready and Bayer’s LibertyLink.
Overview
News
2007-06-22 | permalink
Monsanto and Bayer CropSciences agree to produce stacked RR-LL GE corn and soy
Agro-firms Monsanto and Bayer CropSciences have entered into a series of new agreements, which could result in crops that contain two of the leading herbicide technologies - Roundup Ready and LibertyLink. The long-term business and licensing agreements relate specifically to corn and soybean crops, the two largest field crops in terms of acreage in the United States. Bayer CropScience will grant Monsanto a royalty bearing, non-exclusive license for its LibertyLink herbicide tolerance technology for use in these crops, allowing Monsanto to market corn and soybean seeds which contain both its own Roundup Ready and Bayer’s LibertyLink.
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