Syngenta announces new 20 year, $200 million GE licensing agreement

[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]Syngenta announces new 20 year, $200 million GE licensing agreement [/title][fusion_text]Thursday, October 15th 2015

Syngenta has announced a new 20 year, $200 million agreement to expand its licensing of current and future genetically modified (GM) corn traits. The agreement covers licensing with KWS, Limagrain, AgReliant, and Genective and their business in North America and elsewhere. Syngenta will receive an upfront payment of $200 million for its trait portfolio as well as payments depending on royalties and milestones. The deal depends on regulatory approvals.

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