Monheim, Germany
December 3, 2002
New products predicted to add
over EUR 800 million to sales by 2006
Out of a total of six new active
ingredients presented recently at the British Crop Protection
Council (BCPC) Conference in Brighton, U.K., four came from
Bayer CropScience AG,
the Bayer AG subsidiary formed by the merger of Bayer's Crop
Protection Business Group and Aventis CropScience. The new
company, which launched operations in June 2002 and is already
among the industry leaders, expects new product introductions to
add more than EUR 450 million to its sales by 2004 and over EUR
800 million by 2006.
These new compounds are clear
evidence of the R&D capability of Bayer CropScience, which plans
to introduce another two to three new active ingredients
annually in the coming years.
Of the four molecules that will
serve as the basis for a number of new products and mixtures,
two are fungicides that are particularly suitable for use in
cereal crops. The other two are insecticides, one offering
superior protection against whitefly and spidermites in
vegetable crops and cotton, the other providing high efficacy in
the control of biting and sucking insects in crops such as corn,
oilseed rape, sugar beet and cereals, even when applied as a
seed treatment.
Bayer CropScience AG, a
subsidiary of Bayer AG with current annual sales of some EUR 6.0
billion, is one of the world's leading innovative crop science
companies in the areas of crop protection, seeds and green
biotechnology, as well as non-agricultural pest control. The
company offers an outstanding range of products and extensive
service backup for modern, sustainable agriculture and for
non-agricultural applications. Bayer CropScience has a global
workforce of 22,000 and is represented in 122 countries,
ensuring proximity to dealers and consumers.
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