Saturday, April 27, 2024

Bayer Highlights Advancements of Agriculture Industry’s Most Prolific R&D Pipeline

Bayer announced the advancement of key innovation projects that showcase the latest in crop protection, seeds & traits and digital solutions. These significant advancements, plus more than 500 seed deployments and greater than 300 new crop protection product registrations in 2021 are expected to fuel both mid-and-long-term growth for the company as they bring new value to growers around the globe. The company’s new solutions for agriculture are geared to support farmers in their need to meet the growing global demand for food, feed, fiber, and fuel, while also advancing a climate-smart future for the industry. This commitment to Bayer’s farmer customers and innovative research brings forward a pipeline valued at up to €30bn peak sales potential over the next two decades.

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“Our pipeline reflects the dedication of our world-class scientists and the value our suite of cutting-edge technologies has in bringing sustainable and integrated farmer-focused solutions to life,” said Rodrigo Santos, President of the company’s Crop Science Division. “Fueled by an investment in research and development that’s unmatched in the industry, Bayer has a clear, transformative and deep-seated commitment to maximize the value we can offer to our farmer customers.”

Disruptive corn technologies expected to empower growers across the globe

Bayer’s Short Stature Corn moves a step closer to farmers’ fields as the company’s shorter hybrids advance to Phase 4. Standing one-third shorter than standard height corn hybrids, the technology improves standability, including better greensnap and stalk lodging tolerance, to help reduce crop loss from challenging environmental conditions and extreme weather like high winds. Short Stature Corn allows for the more precise application of crop protection and the optimized use of key inputs such as nitrogen. Thanks to benefits like these Bayer sees an incremental peak sales opportunity of about €1bn for North America alone.

In addition, work continues on a full system approach to managing corn more sustainably through Bayer’s Smart Corn System. The system, an entirely new growing structure for one of the world’s most widely produced crops, creates a way for growers to take full advantage of Bayer’s entire portfolio of digital tools, customized seed and crop protection prescriptions, crop health management, and density planting optimization. The Smart Corn System is a win for farmers, sustainability, and food security.

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