Morgan Hill,
California
October 19, 2004
Two major seed companies,
Sakata Seed Corporation and
Syngenta Seeds Inc. are
pleased to announce that they have reached an agreement
resolving a dispute regarding intellectual property rights in
certain broccoli. The companies stated that their differences,
which culminated in a definitive agreement, have been resolved
to the satisfaction of both parties. The terms of the agreement
were not made public.
Representatives of both parties stated that they are pleased
that the dispute could be resolved in an amicable manner. The
protection of intellectual property is very important to both
companies and each will continue to aggressively protect and
defend their trade secrets and other intellectual property.
Both Sakata and Syngenta are primary breeders, producers and
marketers of vegetable and flower seeds. |