BASEL, Switzerland--(BUSINESS WIRE)--Syngenta announced today that it has entered into non-exclusive licensing agreements with Dow AgroSciences LLC and M.S. Technologies, L.L.C. for the Enlist E3 Event in soybeans in the United States, Canada and Latin America, and the Conkesta Enlist E3 stack in soybeans in Latin America, with options for global rights for both. Syngenta has also entered into a non-exclusive licensing agreement with Dow AgroSciences for global rights for the Enlist event in corn. Terms of the agreement have not been disclosed.
“We will now have the opportunity to incorporate these traits into our genetics to provide growers additional seed and trait options with greater genetic diversity,” said Jeff Rowe, Syngenta president of Global Seeds and North America, “This is another step in delivering on our commitment to enhance our seed offering and ensure continued choice for growers.”
“The Enlist System of novel traits and advanced herbicides along with Conkesta, represents the most complete and effective line of weed and insect control. We are pleased to license these innovative technologies, aligning to our strategy of ensuring broad availability to farmers across the Americas who need this technology to continue advancing their productivity,” said Joe Vertin, global business leader, Enlist Weed Control System, Dow AgroSciences.
"We at MS TechnologiesTM are extremely pleased that Syngenta has chosen to license Enlist E3 soybeans and Conkesta E3 soybeans," says Joe Merschman, president of MS Technologies. "Having Syngenta on board will allow us to work jointly to deliver high-yielding elite soybean genetics and exceptional weed control to even more soybean growers."
Syngenta is a leading agriculture company helping to improve global food security by enabling millions of farmers to make better use of available resources. Through world class science and innovative crop solutions, our 28,000 people in over 90 countries are working to transform how crops are grown. We are committed to rescuing land from degradation, enhancing biodiversity and revitalizing rural communities. To learn more visit www.syngenta.com and www.goodgrowthplan.com. Follow us on Twitter® at www.twitter.com/Syngenta and www.twitter.com/SyngentaUS.
About Dow AgroSciences
Dow AgroSciences discovers, develops, and brings to market crop protection and plant biotechnology solutions for the growing world. Based in Indianapolis, Indiana, USA, Dow AgroSciences is a wholly owned subsidiary of The Dow Chemical Company and had annual global sales of $6.2 billion in 2016. Learn more at www.dowagro.com. Follow Dow AgroSciences on Facebook, Twitter, LinkedIn, and Google+, or subscribe to our News Release RSS Feed.
About MS Technologiestm
MS Technologiestm LLC is a leading trait, technology and soybean genetics provider. MS Technologiestm features a portfolio of in-house traits, as well as wide access to other traits and technologies through collaborative agreements with other parties. For more information on MS Technologiestm, visit our website at www.mstechseed.com.
This press release is not an offer to purchase or a solicitation of an offer to sell any securities.
Cautionary statement regarding forward-looking statements
Some of the statements contained in this press release are forward-looking statements. These statements are based on current expectations, assumptions, estimates and projections, and involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to be materially different from any forward-looking statements. These statements are generally identified by words or phrases such as "believe", "anticipate", "expect", "intend", "plan", "will", "may", "should", "estimate", "predict", "potential", "continue" or the negative of such terms or other similar expressions. If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results and the timing of events may differ materially from the results and/or timing discussed in the forward-looking statements, and you should not place undue reliance on these statements. Syngenta disclaims any intent or obligation to update any forward-looking statements as a result of developments occurring after the period covered by this press release or otherwise.
Enlist E3 and Conkesta E3 were jointly developed with Dow AgroSciences LLC and MS Technologies LLC.
Enlist E3 and Conkesta E3 are trademarks of Dow AgroSciences LLC.
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