Corteva and Inari settle patent lawsuit over seed deposits
Corteva Inc. and Inari Agriculture have settled a patent lawsuit regarding seed deposits, according to a press release. The undisclosed terms of the settlement were reached in September 2023 in the United States District Court for the District of Delaware. Inari agreed to destroy any material from Corteva that it accessed, and to transfer ownership of its edited versions of Corteva's patented events to the company.
The two parties also agreed to discuss potential licensing arrangements, though the specifics remain private. The lawsuit, filed by Corteva Agriscience LLC, Pioneer Hi-Bred International Inc., and Agrigenetics Inc., centered on Corteva's rights to seed deposits. Both companies emphasized the importance of adhering to patent laws and contracts governing deposited materials.
The case, identified as C.A. No. 23-1059 (JFM), was resolved and the agreement is recorded as such in the District of Delaware court system. Corteva is an agriculture firm that produces seeds, crop protection products, and digital solutions. Inari, founded in 2016 by Flagship Pioneering, creates plant performance solutions using advanced technologies like genomics, machine learning, and gene editing.
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