Navigation Links
DuPont and BASF Announce Settlement
Date:1/13/2010

WILMINGTON, Del., and FLORHAM PARK, N.J., Jan. 13 /PRNewswire-FirstCall/ -- DuPont (NYSE: DD) and BASF Plant Science announced they have reached an agreement on a patent infringement dispute.

In June 2009, DuPont and BASF filed suit against each other in U.S. Federal Court in the District of Delaware that sought to enforce intellectual property rights relating to biotechnology traits, including traits that provide tolerance to ALS herbicides.

DuPont and BASF have reached an agreement to cross-license patents and dismiss their claims and counterclaims against each other in both of the cases pending in Delaware.  Terms of the agreement were not disclosed.

BASF Corporation, headquartered in Florham Park, N.J., is the North American affiliate of BASF SE, Ludwigshafen, Germany.  BASF has more than 15,000 employees in North America, and had sales of approximately $17.5 billion in 2008.  For more information about BASF's North American operations, or to sign up to receive news releases by e-mail, visit www.basf.com/usa.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals, as well as oil and gas.  As a reliable partner, BASF helps its customers in virtually all industries to be more successful.  With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges, such as climate protection, energy efficiency, nutrition and mobility.  BASF has approximately 97,000 employees and posted sales of more than euro 62 billion in 2008.  BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).  Further information on BASF is available on the Internet at www.basf.com.

BASF consolidated its plant biotechnology activities in BASF Plant Science in 1998.  Today, about 700 employees are working to optimize crops for more efficient agriculture, renewable raw materials and healthier nutrition for humans and animals.  Projects include yield increase in staple crops, higher content of Omega-3s in oil crops for preventing cardiovascular diseases, and potatoes with optimized starch composition for industrial use.  To find out more about BASF Plant Science, please see our internet website at:  http://www.basf.com/biotechnology.

DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

SOURCE DuPont

RELATED LINKS
http://www.dupont.com

'/>"/>

SOURCE DuPont
Copyright©2010 PR Newswire.
All rights reserved

Related biology technology :

1. DuPont Leaders Brief Investors on Agriculture Businesses
2. DuPont, Genencor International and Tate & Lyle Honored for Groundbreaking Work in Developing Bio-PDO(TM)
3. DuPont and Plantic Technologies Announce Starch-Based Bio Materials Collaboration
4. DuPont Named Among Top Biotechnology Employers by Science Magazine
5. Biotechnology Needed to Help Meet Growing Global Needs for Food, Feed, Fuel and Materials, DuPont Chairman & CEO Says at World Food Prize
6. DuPont Joint Venture with Chinese Biotech Firm Strengthens Gene Discovery Research Efforts
7. DuPont Congratulates Growers Planting Pioneer(R) Brand Sorghum Hybrids in Winning Majority of National Categories in Yield Contest
8. DuPont Names Nicholas Fanandakis as Group Vice President - DuPont Applied BioSciences
9. DuPont Chief Science & Technology Officer Offers Perspectives on Science and Global Policymaking at Davos World Economic Forum
10. DuPont and Precision BioSciences Collaborate to Accelerate Crop Product Development
11. Research Confirms Better Oil from New DuPont High Oleic Soybean Trait
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/17/2017)... ... July 17, 2017 , ... The Academy of Model Aeronautics (AMA) will host ... Day will take place from 9 a.m. to 2 p.m. at the International Aeromodeling ... ages. , Aviation Adventure Day will be packed with entertaining activities for the entire ...
(Date:7/17/2017)... ... July 17, 2017 , ... ... has developed and intends both to manufacture and sell reagents used for diagnostic ... Capital Market. , Headquartered in Sandy, Utah, Co-Diagnostics’ intellectual property and technologies are ...
(Date:7/14/2017)... ... July 14, 2017 , ... Sonic Manufacturing ... Manufacturing Technologies has installed a solar system on its roof top. “We will ... President of Sonic, Kenneth Raab stated. The company’s proud history of social responsibility ...
(Date:7/13/2017)... , ... July 13, 2017 , ... ... accreditation in Specialty Pharmacy. URAC is the independent leader in promoting healthcare quality ... a comprehensive commitment to quality care, improved processes and better patient outcomes. ...
Breaking Biology Technology:
(Date:6/30/2017)... Va. , June 30, 2017 ... leading developer and supplier of face and eye ... ATA Featured Product provider program. ... an innovative way to monitor a driver,s attentiveness ... greatly from being able to detect fatigue and ...
(Date:5/16/2017)...   Bridge Patient Portal , an enterprise ... EMR Systems , an electronic medical record solutions ... established a partnership to build an interface between ... Centricity™ products, including Centricity Practice Solution (CPS), Centricity ... new integrations will allow healthcare delivery networks using ...
(Date:4/17/2017)... , April 17, 2017 NXT-ID, Inc. (NASDAQ: ... announces the filing of its 2016 Annual Report on Form 10-K ... Commission. ... 10-K is available in the Investor Relations section of the Company,s ... the SEC,s website at http://www.sec.gov . 2016 Year ...
Breaking Biology News(10 mins):