Syngenta and DuPont today announced a global agreement that will provide DuPont business, Pioneer Hi-Bred, access to Syngenta’s novel insect control corn event, MIR162. Under the royalty-bearing agreement, Syngenta will grant Pioneer a non-exclusive, global license with stacking rights to MIR162. Other terms of the agreement were not disclosed.

“We are pleased with this important commitment which further demonstrates the quality of Syngenta’s biotech trait pipeline,” said Davor Pisk, Chief Operating Officer Syngenta Seeds. “This agreement will accelerate the rapid adoption of Syngenta proprietary technology to better protect growers’ corn crops worldwide.”

“With access to this trait, we have a great new tool to build on our insect control product offerings,” said Paul E. Schickler, DuPont Vice President and General Manager and President of Pioneer. “The addition of MIR162 to our already strong insect control trait portfolio will provide growers with a superior product choice in controlling the broadest range of insect pests.” Continue Reading this press release at Syngenta.com