WILMINGTON, Del. (AP) -- Genetically engineered seed developers Dow AgroSciences and DuPont said Tuesday they resolved a legal dispute over the licensing rights for a strain of corn seeds.
The deal will allow DuPont's Pioneer Hi-Bred division sell the strain of corn seeds, which contain Dow's technology.
Under the agreement, Pioneer will continue to distribute seeds with Dow technology with modified packaging. The companies didn't disclose further details of the settlement.
Dow AgroSciences is a subsidiary of Dow Chemical Co.
At issue is the use of special genes that companies develop and insert into corn plants. Companies like Dow license out the use of the genes to corn breeders like Pioneer Hi-Bred, who sell them to farmers.
Pioneer said the corn see will be sold through its PROaccess marketing channel, which is made up of a group of independent breeders and seed dealers.
The deal will allow DuPont's Pioneer Hi-Bred division sell the strain of corn seeds, which contain Dow's technology.
Under the agreement, Pioneer will continue to distribute seeds with Dow technology with modified packaging. The companies didn't disclose further details of the settlement.
Dow AgroSciences is a subsidiary of Dow Chemical Co.
At issue is the use of special genes that companies develop and insert into corn plants. Companies like Dow license out the use of the genes to corn breeders like Pioneer Hi-Bred, who sell them to farmers.
Pioneer said the corn see will be sold through its PROaccess marketing channel, which is made up of a group of independent breeders and seed dealers.