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. Investing in the planet’s future
through innovation in agriculture
November 2012 | London
David Nicholson,
Head of R&D, Bayer CropScience
Page 1 • CropWorld • November 2012
2. The crop protection industry is seeing a
decline 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 2012
Page 2 • CropWorld • November 2012
3. R&D investments in Seeds and Traits
are superseding small molecules
Agrochemical R&D Seed and trait R&D
3500
3000
2500
US$ 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. At Bayer CropScience, our strategy
involves 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 AgChem
Page 4 • CropWorld • November 2012
5. To fuel our four-pillar R&D strategy, we’re
investing €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 portfolio
Rebalancing
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
organization
Page 5 • CropWorld • November 2012
6. In addition to our R&D investments in Seeds and
Small Molecules, Biologics is now our third focus area
Small
Seeds Molecules Biologics
Insect/Disease/Weed Control
Abiotic Stress Resistance
Plant Growth Promotion
Yield Increase
Differentiated integrated solutions
Page 6 • CropWorld • November 2012