Source: Dow AgroSciences
Dow AgroSciences and Bayer CropScience have entered into cross-licensing agreements regarding cotton technologies. With these agreements, growers will benefit from greater access to new traits and technologies from both companies.
Dow AgroSciences will receive from Bayer CropScience a license to commercialize the GlyTol glyphosate tolerant technology in Dow AgroSciences' PhytoGen cottonseed varieties in the U.S. and an option to license in other territories as soon as Bayer CropScience has obtained regulatory approval for the GlyTol event in such other countries. Bayer CropScience will in turn receive a license to commercialize Dow AgroSciences' WideStrike Insect Protection technology in Brazil and other countries of Latin America and an option to license in other territories as soon as Dow AgroSciences has obtained regulatory approval for the WideStrike event in such other countries. In addition, Dow AgroSciences granted Bayer a license in the U.S. on its glyphosate tolerant cotton patent. In 2004, Dow AgroSciences was granted U.S. patent rights to glyphosate resistance in cotton.