Monsanto, Bayer Reach Cross-Licensing Pacts

Photo courtesy of Monsanto

Monsanto and Bayer CropScience have entered cross-licensing pacts for plant biotechnology.

Creve Coeur-based Monsanto is granting Bayer CropScience a royalty-bearing license for its Genuity Roundup Ready 2 Yield and Genuity Roundup Ready 2 Xtend technology for soybeans in the U.S. and Canada, the companies announced Tuesday.

Additionally, Bayer CropScience is granting Monsanto licenses for corn rootworm control and herbicide tolerance, according to a statement.

Read more in the St. Louis Post-Dispatch


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