Syngenta Reaches Settlement in Viptera Case

Syngenta has reached a settlement with farmers involved in lawsuits over the launch of Syngenta’s Agrisure Viptera and Agrisure Duracade corn traits. The lawsuits alleged Syngenta’s release of traits unapproved in China led the nation to reject U.S. corn shipments and pushed corn prices lower. The settlement is estimated to be close to $1.5 billion, according to Reuters. The settlement does not…

Syngenta, Plaintiffs reach settlement in corn traits launch litigation

Plaintiffs and offenders in the Syngenta MIR 162 corn litigation have reached a pending settlement to resolve litigation concerning the launch of Syngenta’s Agrisure Viptera and Agrisure Duracade corn traits.

The settlement, which is subject to court approval, would establish a settlement fund for the submission of claims by eligible claimants who contracted to price corn or corn by-products after September 15, 2013.  Information concerning the settlement fund, claims process, and other details will become available after the parties execute and submit the proposed settlement agreement and other papers to the court later this year.

The proposed settlement would allow both sides to avoid the uncertainty of ongoing litigation. The settlement does not constitute an admission by either side concerning the merits of the parties’ allegations and defences.

New Genome Sequence Highlights Corn’s Adaptability | AgroNews

"University of Hawaiʻi at Mānoa researchers contributed to an historic release of a new, high-quality corn reference genome sequence that shows reasons why corn can be adapted to such a wide variety of growing conditions. Professor Gernot Presting and two postdoctoral scholars in his lab, Kevin Schneider and Thomas Wolfgruberare, are members of Department of Molecular Biosciences and…