Monsanto, Dow Reach Licensing Agreements for Corn

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Monsanto and Dow AgroSciences announced today that they have reached a new licensing agreement to collaborate on biotech-engineered corn that is resistant to herbicide and insects.

Under the agreement, Creve Couer-based Monsanto will license Dow’s new Enlist weed control technology, which allows corn to tolerate weed-killing chemicals. Midland, Mich.-based Dow will license the upcoming version of Monsanto’s Corn Rootworm technology, which kills tiny insects that feed on corn roots. Financial terms of the deal were not disclosed.

Read more from the St. Louis Post-Dispatch


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