Monsanto Company and DuPont have settled all of their
remaining patent-infringement lawsuits.
They settled some in March, 2013, when they also signed
technology licensing agreements.
No terms of the settlements will be released.
The most recent settlements are for a lawsuit DuPont filed, accusing
Monsanto of infringing patents it holds for seed processing, and a lawsuit Monsanto
filed, accusing DuPont of infringing patents on seed chipping.
According the
company presidents, the agreement enables both to concentrate on developing “new
solutions for farmers”.
The news release quotes Monsanto’s president and chief
operating officer Brett Begemann and DuPont Pioneer’s president Paul E.
Schickler.
