PureCircle And Almendra Ink Amicable Patent Settlement Over Steviarome

(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

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