On Tuesday, Syngenta and Dupont signed a royalty-bearing agreement that will give Dupont company Pioneer Hi-Bred access to Syngenta's insect control for corn, MIR162. Pioneer gets a non-exclusive, global license to the technology along with stacking rights.
"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."
Currently under regulatory review by the United States and major corn export markets, MIR162 is expected to receive regulatory approval from the U.S by the end of the year.
"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."
Containing a gene that is both structurally and functionally different than any technology currently available, MIR162 protects above-ground corn from a variety of insects.