PureCircle and Almendra have reached an amicable settlement in a patent dispute in the United States relating to Almendra's Steviarome products and use thereof.
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As of December 31, 2020, PureCircle and Almendra voluntarily resolved the litigation with all claims and counterclaims subsequently being dismissed.
As part of the settlement, Almendra signed a license agreement with PureCircle, which allows Almendra to continue selling its Steviarome flavor ingredients worldwide. All other terms of the agreement remain confidential.