(Alliance News) - PureCircle Ltd on Wednesday said it had reached an amicable settlement in a US patent dispute over Almendra's Steviarome.
Stevia sweetener producer PureCircle and Almendra voluntarily resolved the litigation and all claims and counterclaims have now been dismissed.
Under the settlement, Almendra signed a licence agreement with PureCircle, allowing it to keep selling Steviarome flavour ingredients worldwide.
PureCircle said all other terms of this agreement are confidential.
By Anna Farley; annafarley@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
