David Nicholson's CropWorld 2012 presentation

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Speaking at the CropWorld Global Conference 2012 in London, Bayer CropScience’s Global Head for Research and Development Dr. C. David Nicholson noted that the company has one of the strongest pipelines of new products in the industry. “We are raising our overall R&D spending to more than EUR 850 million a year by 2015, and will increase our Seeds R&D budget to achieve a 50:50 ratio in R&D for Seeds / Biologics and Chemistry,” he said. In the period 1995-2010, the company introduced 35 products in the crop protection arena.

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David Nicholson's CropWorld 2012 presentation

  1. 1. Investing in the planet’s future through innovation in agriculture November 2012 | London David Nicholson, Head of R&D, Bayer CropSciencePage 1 • CropWorld • November 2012
  2. 2. The crop protection industry is seeing adecline of active ingredients in development a.i.s. in development 80 70 60 50 40 30 20 10 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Source: Phillips McDougall Oct 2012Page 2 • CropWorld • November 2012
  3. 3. R&D investments in Seeds and Traitsare superseding small molecules Agrochemical R&D Seed and trait R&D 3500 3000 2500US$ million 2000 1500 1000 500 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Source: Phillips McDougall Oct 2012 Page 3 • CropWorld • November 2012
  4. 4. At Bayer CropScience, our strategyinvolves refocusing innovation approaches Reinventing the future of agriculture beyond today’s solutions R&D spending by businesses in € million 1000 >850 • We’re raising overall R&D spending 800 664 722 to more than €850 million by 2015 600 • We’re increasing our Seeds R&D budget 400 to achieve a 50:50 Seeds/Biologics and 200 Chemistry ratio 0 • We’re shifting Crop Protection resources 2005 2010 2015 E into growth areas Seeds AgChemPage 4 • CropWorld • November 2012
  5. 5. To fuel our four-pillar R&D strategy, we’reinvesting €5 bn in innovation from 2011–2016 Sustainability Plant Health Delivering sustainable Exploiting expertise crop solutions to beat in Seeds, Biologics and Small customer expectations Molecules to build a unique position in plant health World-class R&D portfolioRebalancing Innovation Collaboration Investing equally in Seeds/ Expanding network of Biologics and Chemistry to collaborations to create integrated & leverage full potential effective global R&D of open innovation organizationPage 5 • CropWorld • November 2012
  6. 6. In addition to our R&D investments in Seeds andSmall Molecules, Biologics is now our third focus area Small Seeds Molecules Biologics Insect/Disease/Weed Control Abiotic Stress Resistance Plant Growth Promotion Yield IncreaseDifferentiated integrated solutionsPage 6 • CropWorld • November 2012

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