INDIANAPOLIS, Sept. 28, 2026 /PRNewswire/ -- Corteva, Inc. (NYSE:CTVA) and Inari, the SEEDesign™ company, announced they have reached a confidential settlement agreement to resolve the lawsuit filed by Corteva in September 2023 that was pending in the United States District Court for the District of Delaware. As part of the settlement, Inari has agreed to destroy Corteva material it accessed from seed depositories and material developed from the deposits and assign to Corteva the intellectual property related to its edited versions of Corteva events. In addition, Corteva and Inari have agreed to negotiate certain licensing arrangements. Other terms of the settlement are confidential.

Global patent and plant variety protection systems that protect agricultural innovation help promote continued investment, competition and collaboration in the development of improved seed products that benefit farmers. Patent depositories and their procedures on access to biological material serve an important function as part of these systems.

The rulings in this case reinforce applicable rights with respect to seed deposits. Corteva and Inari agree that it is important to abide by applicable patent and other laws and contracts relating to deposited materials.

The case is Corteva Agriscience LLC, Pioneer Hi-Bred International, Inc., and Agrigenetics, Inc. v. Inari Agriculture, Inc. and Inari Agriculture NV, C.A. No. 23-1059 (JFM).

About Corteva

Corteva, Inc. (NYSE:CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

About Inari

Inari is the SEEDesign™ company, revolutionizing plant performance with high-impact, high-value solutions for broadacre crops. At its core is the AI-enabled SEEDesign™ Platform, the industry's most sophisticated performance accelerator integrating breakthroughs in genomics, machine learning and gene editing technology to deliver ROI from the lab to the field. Founded by Flagship Pioneering in 2016, Inari is based in Cambridge, Mass., with additional sites in West Lafayette, Ind., and Ghent, Belgium. Inari brings together a global team of more than 200 employees dedicated to solving the critical issues of food security and sustainability. To learn more, visit Inari.com.

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SOURCE Corteva Agriscience