Research Triangle Park, North
Carolina
October 1, 2007
Bayer CropScience LP
has settled its lawsuit with Makhteshim Agan of North America
regarding several patents related to Bayer’s Ginstar™ cotton
defoliant product. Makhteshim has agreed to pay Bayer an
undisclosed amount in return for a non-exclusive sublicense for
the patents related to the lawsuit.
Bayer filed a lawsuit in U.S. District Court in October 2006
alleging infringement by Makhteshim of six Ginstar-related
patents. With the settlement by Makhteshim, Bayer will not
pursue that litigation.
Bayer developed Ginstar cotton defoliant to provide superior
defoliation and re-growth inhibition that leads to higher value
cotton at harvest. It is designed to deliver a clean, consistent
drop of foliage under cool, dry and other challenging
conditions.
Research efforts from companies like Bayer CropScience are based
on a foundation of respect for intellectual property rights,
which enables significant investments in order to generate
future technical innovations.
Bayer CropScience LP is the U.S. business of Bayer
CropScience, which has its global headquarters in Monheim,
Germany. Bayer CropScience, a subsidiary of Bayer AG with annual
sales of about EUR 5.7 billion (2006), is one of the world’s
leading innovative crop science companies in the areas of crop
protection; non-agricultural pest control, including consumer
lawn and garden; seeds; and plant biotechnology. The company
offers an outstanding range of products and extensive service
backup for modern, sustainable agriculture and for
non-agricultural applications. Bayer CropScience has a global
workforce of about 17,900 and is represented in more than 120
countries, ensuring proximity to dealers and consumers. |
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