Bingham Farms
05 March 2013
Reporter: Jenna Jones
Securities Lending default image

Syngenta picks Thomson Reuters for enterprise-wide IP system

Agricultural company Syngenta has selected the IP and science business of Thomson Reuters as its new intellectual asset management solution provider.

Thomson Reuters will provide Syngenta with an enterprise-wide solution that includes Thomson IP Manager, because it can link patent and trademark assets with contracts across product lines.

The solution also includes IP Payments, allowing Syngenta to receive portfolio maintenance and legal services from a dedicated Thomson Reuters unit.

“The new platform allows full visibility and management of rights and risks in a rapidly growing and increasingly complex business environment; where there are multiple dependencies between IP rights, licensing, contracts and product,” said a Thomson Reuters statement.

Cynthia Murphy, senior vice president of IP solutions at Thomson Reuters, said: “The goal of Thomson Reuters is to enable clients to manage their portfolio assets and minimise risk across all stages of the innovation life cycle. Our partnership with Syngenta exemplifies the value we provide international innovators and the mutual benefit reaped from such relationships.”

Pierre-Etienne Boin, head of agribusiness legal and IP at Syngenta, added: “The expertise, breadth of knowledge and collaborative spirit of the Thomson Reuters team, combined with the company’s world-class solutions and services, was an ideal complement to Syngenta’s IP and legal expertise. We look forward to a long partnership.”

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