St. Louis, Missouri
May 13, 2004
Monsanto Company (NYSE: MON) today reaffirmed its
intellectual property rights for GA21(R) glyphosate-tolerance
technology used in some varieties of glyphosate-tolerant corn.
While today Syngenta announced it had purchased claims to some
parts of the GA21(R) technology from Bayer CropScience, Syngenta
is not licensed under the intellectual property of Monsanto.
Monsanto holds a patent on the
fundamental technique used in producing glyphosate-tolerant
plants, which would be required to commercialize varieties of
glyphosate-tolerant corn in the United States. Monsanto had not
previously licensed Bayer CropScience to its proprietary
intellectual property for use in corn.
"There are absolutely no new
commercial developments today as nothing in the commercial
situation has changed simply because some claims have been
purchased by Syngenta," said Carl Casale, executive vice
president of Monsanto. "The bottom line is Bayer did not have a
license for the intellectual property owned by Monsanto, and
Syngenta does not have a license either."
The GA21(R) technology has largely
been phased out in the marketplace in favor of an improved
glyphosate-tolerant event called "NK603," which has been in the
market since 2001. Today, Monsanto's NK603 is commercially
marketed as "Roundup Ready(R) Corn 2."
The NK603 technology is standard
in Monsanto's DEKALB and Asgrow brands and is licensed for use
by independent corn seed companies throughout the United
States. Additionally, NK603 has obtained a broad number of
regulatory clearances globally and is in the final stages of the
regulatory review process in the European Union.
Monsanto Company is a leading
global provider of technology-based solutions and agricultural
products that improve farm productivity and food quality.
GA21 and Roundup Ready are
registered trademarks of Monsanto Company. |