david nicholson's cropworld 2012 presentation
DESCRIPTION
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.TRANSCRIPT
November 2012 | London
Investing in the planet’s futurethrough innovation in agriculture
David Nicholson, Head of R&D, Bayer CropScience
• CropWorld • November 2012Page 1
• CropWorld • November 2012
The crop protection industry is seeing a decline of active ingredients in development
Page 2
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 20100
10
20
30
40
50
60
70
80
a.i.s. in development
Source: Phillips McDougall Oct 2012
• CropWorld • November 2012
R&D investments in Seeds and Traits are superseding small molecules
Page 3
Source: Phillips McDougall Oct 2012
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20110
500
1000
1500
2000
2500
3000
3500
Agrochemical R&D Seed and trait R&D
US
$ m
illio
n
• CropWorld • November 2012
At Bayer CropScience, our strategyinvolves refocusing innovation approaches
• We’re raising overall R&D spending
to more than €850 million by 2015
• We’re increasing our Seeds R&D budget
to achieve a 50:50 Seeds/Biologics and
Chemistry ratio
• We’re shifting Crop Protection resources
into growth areas
Reinventing the future of agriculture beyond today’s solutions
AgChemSeeds
R&D spending by businesses in € million
Page 4
0
200
400
600
800
1000
20102005 2015 E
664722
>850
• CropWorld • November 2012
To fuel our four-pillar R&D strategy, we’re investing €5 bn in innovation from 2011–2016
World-class
R&D portfolio
Delivering sustainable crop solutions to beat customer expectations
Investing equally in Seeds/ Biologics and Chemistry to create integrated & effective global R&D organization
Expanding network of collaborations to leverage full potential of open innovation
Exploiting expertise in Seeds, Biologics and Small Molecules to build a unique position in plant health
Sustainability
Collaboration
Plant Health
Rebalancing Innovation
Page 5
• CropWorld • November 2012
In addition to our R&D investments in Seeds and Small Molecules, Biologics is now our third focus area
Abiotic Stress Resistance
Plant Growth Promotion
Yield Increase
Insect/Disease/Weed Control
BiologicsSmall
MoleculesSeeds
Differentiated integrated solutions
Page 6