News

DuPont has entered into a series of long-term business agreements with Bayer CropScience.  The agreements are related to plant biotechnology traits and enabling technologies that will help increase agricultural productivity around the world.

Bayer CropScience is a subsidiary of Bayer AG and is one of the world’s leading science companies in the areas of crop protection, non-agricultural pest control, seeds and plant biotechnology.  It has a global work force of more than 18,000 and is represented in more than 120 countries.

These agreements create significant value capture opportunities for both companies through herbicide and seed sales as well as royalties.  The agreements establish cross-licenses that will enable next generation seed solutions and weed and insect control strategies from Bayer CropScience and the DuPont Crop Protection and Pioneer Hi-Bred businesses. 

“These agreements are good news for farmers who will benefit from the cross-licensing of innovative technologies from both companies,” said Jim Borel, DuPont group vice president.  “DuPont and Bayer have a strong history of working together, and these agreements set the stage for additional collaboration between the two companies.”

For more information, read the full news release here.