Burr Ridge, Illinois
December 3, 2007
Nufarm Americas Inc.
and Bayer CropScience
LP jointly announced today that they have reached a
settlement in a lawsuit filed by Bayer for alleged infringement
on its U.S. Patent No. 5,783,203 for the pesticide Imidacloprid
on fertilizer.
Nufarm fully respects intellectual property rights and
acknowledges the validity of the patent, as issued by the US
Patents & Trademarks Office. Under the terms of the settlement,
Nufarm and its Customers have full freedom to operate (with
immediate effect) with this patented Imidacloprid on fertilizer
technology; including the ability to commercialize Mallet™
incorporating the patented technology onto any fertilizer type.
Both parties to the suit have withdrawn all claims and
counterclaims in this matter. Other terms of the settlement will
remain confidential.
Nufarm reaffirms its continued commitment to strongly support
its customers and sales of Mallet™ 0.2% on Fertilizer to the
market.
Nufarm Americas Inc. produces and markets several branded and
private label products that serve the agricultural, professional
turf, vegetation management and forestry markets in the United
States.
Nufarm Americas Inc. is the Americas regional headquarters
and a subsidiary of Nufarm Limited, which is recognized as one
of the world's leading plant protection product companies, with
manufacturing and marketing operations based in Australia, New
Zealand, Asia, Europe and the Americas. The Nufarm group of
companies employs more than 2,600 people, all of whom make vital
contributions to the company's reputation for quality products,
innovation and first class marketing and technical support. |
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