Syngenta Partners with Leading Intellectual Property Rights Company
11 March 2013 
The Intellectual Property (IP) & Science business of news and information provider Thomson Reuters announced a relationship with Syngenta to provide an integrated, enterprise-wide asset management solution. The agreement aims to standardize and centralize IP and legal contracting processes. It will support the development of integrated strategies, enable global collaboration across the different units of Syngenta and minimize risk.
Syngenta selected Thomson Reuters because of the company’s ability to link patent and trademark assets with contracts across product lines to form what the company refers to as a trifecta of IP, contracts and products. In addition, the team chose IP Payments from Thomson Reuters to ensure accurate portfolio maintenance and legal services from the Thomson Reuters Legal Process Outsourcing (LPO) unit.
In a joint development project, Thomson Reuters and Syngenta designed a holistic solution that provided links between contracts, products and IP, improving the strategic deployment of legal, IP and licensing assets in support of Syngenta’s growth agenda, as well as improving quality of information and portfolio-level management data. 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 products, according to a press release by the companies.
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 minimize risk across all stages of the innovation life cycle.”
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