Friday, March 29, 2024

Bayer Showcases Leadership in Breakthrough Innovations in Agriculture

Bayer puts its industry-leading offerings in crop protection, seeds & traits, and digital farming tools on display today at its Fields of Opportunity Technology Showcase as the company continues to advance innovative products and services tailored toward the individual needs of growers around the globe. Following strong second quarter 2022 financial results, the event demonstrates Bayer’s latest developments in a unique portfolio of solutions and technologies expected to power sustainable growth in the years ahead.

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“Today we spotlight technologies designed to reduce agriculture’s impact on the environment, increase food security and help farmers combat the continued pressure of climate change on our global ecosystems,” said Rodrigo Santos, member of the Board of Management of Bayer AG, and President of the Crop Science Division. “Bayer remains committed to providing farmers with the tools they need to be productive and sustainable stewards of their land, especially now as they navigate through current disruptions to agriculture’s supply chains.”

With an annual industry leading R&D investment of more than 2 billion euros in Crop Science alone, Bayer is advancing cutting-edge technologies and breakthrough innovations with a bold and ambitious strategy that will transform the future of farming and position growers for success in a rapidly evolving agriculture industry. The demonstrations and discussions in Jerseyville

“Bayer’s advancements in agriculture are incredibly powerful, scientific solutions designed for farmers of all scales in all geographies and are made possible through our continued progress in developing digital tools,” said Bob Reiter, Head of R&D for the company’s Crop Science Division. “We are putting insights by our plant breeders, data scientists, and agronomists on display here today. Through these tailored solutions, empowered by our digital platforms, we provide growers with the key to be as sustainable and successful in every part of their operation as they can.”

Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2021, the Group employed around 100,000 people and had sales of 44.1 billion euros. R&D expenses before special items amounted to 5.3 billion euros.

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