Bayer CropScience, Bion Tech have settled patent infringement case in Korea

Bayer, Bion Tech settle patent infringement case in Korea

11:46 AM, 24th June 2014
Bayer CropScience patent infringement case in Korea

MONHEIM, GERMANY: Bayer CropScience and Bion Tech, Taiwan, Republic of China, a producer of biological crop protection agents, have settled a patent infringement case in Korea. Under the settlement, Bayer CropScience granted Bion Tech a royalty-bearing license to sell lipopeptide-containing products based on Bion Tech’s proprietary Bacillus subtilis Y1336 strain. The license extends to various countries, with a focus on Asia. Financial terms of the settlement were not disclosed.

“Biologicals play a significant role in shaping farming’s future because they help to increase yield and optimize grower’s flexibility. Strong patent protection is the basis for this innovation,” said Mike Miille, Head of Business Management Biologics, Bayer CropScience.

 

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