MINNETONKA, MINN.— Syngenta Seeds, Inc. announced today that it will out-license its soybean germplasm to independent seed companies through GreenLeaf Genetics LLC to make its high-performing soybean genetic pipeline more widely available to growers.
The varieties initially offered will combine elite Syngenta soybean genetics with the Genuity® Roundup Ready 2 Yield® trait. Independent seed companies will be able to plant these initial varieties for testing and production in 2011. Companies will be required to have a Genuity Roundup Ready 2 Yield license from Monsanto.
“Syngenta’s soybean genetics have been recognized as market leading for years,” said David Morgan, President, Syngenta Seeds. “Through GreenLeaf, we will make these soybean genetics more widely available, provide another choice for growers who value their relationship with a local company and expand grower access to our elite varieties in combination with a convenience trait they value.”
In November 2010, Syngenta assumed full ownership of GreenLeaf Genetics upon dissolution of a joint venture between Syngenta Seeds, Inc. and DuPont business Pioneer Hi-Bred International, Inc. “Today’s announcement shows how, under Syngenta’s sole ownership GreenLeaf will move quickly to broaden the portfolio of germplasm and traits it makes available to independent seed companies,” said Todd Martin, Head of Independent Seeds Business, Syngenta Seeds.