DSM and ADM announced that they have reached an agreement in a patent
infringement dispute concerning DSM’s U.S. Patents 5,648,261 and 5,879,927 and
ADM's Ecotone® Phaffia Astaxathin product. Under the terms of the parties'
agreement, ADM has entered into a license agreement with DSM and will continue
to provide the Ecotone® product to the market. The financial terms of the
agreement were not disclosed.
Wim Klop, DSM’s General Manager of Intellectual Property, noted that “
DSM values its significant intellectual property portfolio and it is pleased
that a settlement was reached with ADM.”
DSM Nutritional Products
DSM Nutritional Products is the
world's leading supplier of vitamins, carotenoids and other fine chemicals to
the feed, food, pharmaceutical and personal care industries. The business has
sales of over EUR 2 billion and a long tradition as a pioneer in the discovery
of new products, new formulations and attractive applications for all industry
segments. For further company information please visit
www.dsmnutritionalproducts.com.
DSM – the Life Sciences and Materials Sciences Company
Royal DSM N.V. creates innovative products and services in Life Sciences and
Materials Sciences that contribute to the quality of life. DSM’s products and
services are used globally in a wide range of markets and applications,
supporting a healthier, more sustainable and more enjoyable way of life. End
markets include human and animal nutrition and health, personal care,
pharmaceuticals, automotive, coatings and paint, electrics and electronics,
life protection and housing. DSM has annual sales of almost EUR 8.8 billion
and employs some 23,000 people worldwide. The company is headquartered in the
Netherlands, with locations on five continents. DSM is listed on Euronext
Amsterdam. More information:
www.dsm.com.
For more information:
DSM Nutritional Products
Charlotte Frederiksen
Tel. +41 (0)61 815 75 03
Fax +41 (0)61
815 88 90
E-mail:
charlotte.frederiksen@dsm.com
Forward-looking statements
This press release contains
forward-looking statements. These statements are based on current
expectations, estimates and projections of DSM and information currently
available to the company. The statements involve certain risks and
uncertainties that are difficult to predict and therefore DSM does not
guarantee that its expectations will be realized. Furthermore, DSM has no
obligation to update the statements contained in this press release. The
English language version of the press release is leading.