Monsanto and Bayer CropScience in deals to share technology
April 16, 2013 at 10:43 AM EDT
April 16 (Reuters) - Global biotech seed giant Monsanto Co and rival Bayer CropScience said Tuesday they have signed a series of cross-licensing deals to share certain crop biotechnology for weed and pest control. Monsanto said it will provide Bayer CropScience , a subsidiary of Bayer AG of Germany, with a royalty-bearing license to herbicide-tolerant soybean technology known as Genuity Roundup Ready 2 Yield and Genuity Roundup Ready 2 Xtend technology in the United States and Canada. Ba