WILMINGTON, Del., and
ST. LOUIS, May 16, 2018 /PRNewswire/ -- Corteva
Agriscience™ Agriculture Division of DowDuPont (NYSE: DWDP) and
Monsanto Company (NYSE: MON) announced today the completion of a
licensing agreement for next-generation technology for insect
control in corn for the U.S. and Canada that will expand options for farmers
fighting corn rootworm, dubbed the "billion dollar bug" for the
damage it causes. Corteva Agriscience™ will receive a license to
stack Monsanto's Corn Rootworm III and MON89034 traits with Corteva
Agrisciences's insect control traits. This agreement enables the
development of the next generation of insect control technology for
above and below ground insect pests, and will be offered with the
Enlist® herbicide tolerant trait for corn. Financial details of the
agreement are not being disclosed.
"This collaboration demonstrates the commitment Corteva
Agriscience™ has to bringing greater choice to growers, helping
them increase their productivity and profitability," said
Tony Klemm, Global Corn Portfolio
Leader, Corteva Agriscience™, Agriculture Division of DowDuPont.
"The combination of Corn Rootworm III with Corteva Agriscience™
molecular stack for insect control and the Enlist® corn trait will
give our customers the ability to protect yield while extending the
durability of industry-leading insect trait technology."
"Monsanto's broad licensing approach continues to put valuable,
cost-effective tools into the hands of farmers when they need them
most," said Calvin Treat, Monsanto's
Global Soy and Corn Technology Lead. "We view this agreement as an
endorsement for the novel mode of action that Monsanto's Corn
Rootworm III trait brings to
farmers, as it builds on the current products planted today by
adding a new RNAi mode of action that enhances effectiveness
against one of the industry's most destructive insect pests. Corn
Rootworm III offers increased control and additional durability
against the corn rootworm by providing three distinct methods of
protection. Through the use of RNAi we're able to target and
control rootworms with a novel mode of action that's different than
the Bt class of proteins that is used in other insect-control
products."
This new next generation product combines Corteva Agriscience™
molecular stack for insect control and Enlist® with Monsanto's Corn
Rootworm III and MON89034 (Bt) to create a broad-spectrum insect
control product with multiple modes of action for above- and
below-ground pests. Pending applicable regulatory reviews, it will
be offered with the Enlist® tolerant trait for corn, which provides
tolerance to new 2,4-D choline, and FOP herbicides in addition to
the base glyphosate tolerance. This brings additional benefits to
farmers, offering more weed control options and greater
flexibility.
About Corteva Agriscience™, Agriculture Division
of DowDuPont
Corteva Agriscience™,
Agriculture Division of DowDuPont (NYSE: DWDP), is intended to
become an independent, publicly traded company when the previously
announced spinoff is complete by June
2019. The division combines the strengths of DuPont Pioneer,
DuPont Crop Protection and Dow AgroSciences. Corteva
Agriscience™ provides growers around the world with the
most complete portfolio in the industry — including some of the
most recognized brands in agriculture: Pioneer®,
Encirca®, the newly launched Brevant™ Seeds,
as well as award-winning Crop Protection products — while bringing
new products to market through our solid pipeline of active
chemistry and technologies. More information can be found at
www.corteva.com.
Follow Corteva Agriscience™, Agriculture Division of DowDuPont,
on Facebook, Instagram, LinkedIn, Twitter and YouTube.
About DowDuPont
DowDuPont (NYSE: DWDP) is a holding
company comprised of The Dow Chemical Company and DuPont with the
intent to form strong, independent, publicly traded companies in
agriculture, materials science and specialty products sectors that
will lead their respective industries through productive,
science-based innovation to meet the needs of customers and help
solve global challenges. For more information, please visit us at
www.dow-dupont.com.
Follow Corteva Agriscience™, Agriculture Division of DowDuPont,
on Facebook, Instagram, LinkedIn, Twitter and YouTube.
About Monsanto
Monsanto is committed to bringing a
broad range of solutions to help nourish our growing world. We
produce seeds for fruits, vegetables and key crops – such as corn,
soybeans, and cotton – that help farmers have better harvests while
using water and other important resources more efficiently. We work
to find sustainable solutions for soil health, help farmers use
data to improve farming practices and conserve natural resources,
and provide crop protection products to minimize damage from pests
and disease. Through programs and partnerships, we collaborate with
farmers, researchers, nonprofit organizations, universities and
others to help tackle some of the world's biggest challenges. To
learn more about Monsanto, our commitments and our more than 20,000
dedicated employees, please visit monsanto.com. Follow our business
on Twitter® at twitter.com/MonsantoCo.
All products, unless otherwise noted, denoted with ™, ℠ or ® are
trademarks or registered trademarks of their respective
companies.
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SOURCE DowDuPont