DuPont and Monsanto Dismiss Lawsuits

Posted on Mar 27, 2013

DuPont and Monsanto agreed to technology licensing deals that will expand the range of seed products each rival company can offer farmers, the companies announced on Tuesday.

The rivals also agreed to dismiss respective antitrust lawsuits, and Monsanto dismissed the $1 billion it was awarded in August after the company filed a patent-infringement lawsuit against DuPont over Roundup Ready seed technology.