January 14 (yourpetrochemicalnews.com) -- DuPont 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
