Cotton co Delta and Pine buys Dupont Technology licenses

04 Jul '06

3 min read

Leading commercial breeder, producer and marketer of cotton planting seed Delta and Pine Land Company announced that it has acquired several licenses from DuPont subsidiary Pioneer Hi-Bred International Inc. including its Optimum(TM) GAT(TM) herbicide tolerance technology for cotton and soybeans, enabling the Company to enhance its leading product portfolio.

Additionally, the Company has acquired licenses for other products developed by the DuPont biotechnology research program and certain enabling technologies for use in cotton, soybeans and other crops.

Optimum(TM) GAT(TM) trait developed by DuPont will provide farmers with expanded weed control options and help optimize yield. This herbicide tolerance technology makes plants tolerant to both glyphosate and ALS herbicides, including sulfonylureas.

Previously, DuPont announced plans to commercialize Optimum(TM) GAT(TM) in Pioneer(R) brand corn and soybeans and also secured significant global outlicense agreements. D&PL and DuPont, through its subsidiary Pioneer Hi-Bred International, Inc., are partners in a joint venture, DeltaMax Cotton LLC, which was initially formed to develop and commercialize glyphosate tolerance technology in cotton. The Company also announced that it has reached an agreement to license soybean lines suitable for planting in the Southern soybean market through the involvement of GreenLeaf Genetics LLC.

Tom Jagodinski, President and CEO of D&PL said, "We are pleasedto build on our strategic plan by gaining access to these new and exciting technologies and expanding our partnership with DuPont. We look forward to bringing our farmer customers increased cotton and soybean technology choices, while adding a second herbicide tolerance gene to the DeltaMax joint venture."

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