Tuesday, January 8, 2013

R&D NEWS...Bayer' s investment in R&D to touch Euro 3-bn


Bayer' s investment in R&D to touch Euro 3-bn 
Global megatrends such as population growth, demographic changes, ecology and sustainability are presenting significant opportunities for innovation-focussed companies like the Bayer group, according to Bayer Management Board Chairman Dr. Marijn Dekkers. He was addressing 140 journalists at Bayer’s "Perspective on Innovation 2012" press forum in Leverkusen, Germany recently. "Innovation is the only way to address the global challenges that exist at the beginning of the third millennium," he said. "To us, innovation always means generating value for our customers and society as a whole," he added.
Bayer will invest around Euro 3-bn in research and development this year alone. The Group employs nearly 13,000 research scientists worldwide, whose work resulted in more than 600 patent applications last year.
Advanced pharmaceutical projects
Bayer is currently seeing positive developments particularly with the new product candidates from its clinical phase-III pharmaceuticals pipeline.
Dr. Dekkers said further crucial milestones had been reached in the past months. He referred to recent progress made with the anticoagulant ‘Xarelto’, the cancer drugs ‘Stivarga’ and radium-223 dichloride (Alpharadin), the eye medicine aflibercept (VEGF Trap-Eye) and riociguat to treat pulmonary hypertension. Assuming Bayer is granted marketing authorisation for these products, they have yearly sales potential of more than Euro 5.5-bn, the Bayer CEO said.
Increasing food production
Dr. Dekkers explained that plant health is a very important issue. He said the CropScience subgroup already offers a balanced portfolio of new products and product candidates, including ‘Xpro’ and ‘Luna’ to control fungal infections and the insecticide ‘Sivanto’ for application primarily in fruits, vegetables and various field crops. Other products in the subgroup’s portfolio are ‘Votivo’ for biological protection against nematodes (small worms that damage roots) and a new variety from the ‘FiberMax’ family of cotton seeds that offers both herbicide tolerance and insect resistance and thus helps to considerably improve harvest yields, Dr. Dekkers explained.
In light of societal acceptance of biologically grown food products, biologicals will play a key role in the future of crop protection. Bayer is keen to be represented in this field from the beginning, Dr. Dekkers remarked. Although Bayer is already represented on the market with biological products such as the recently launched ‘Votivo’ brand, the acquisition of AgraQuest now provides the company with a starting point for further innovation.
According to the Bayer CEO, CropScience is pursuing numerous promising projects in the areas of crop protection, biologicals and seed. With peak sales potential in excess of Euro 4-bn, these new products are expected to be introduced to the market between 2011 and 2016.
Improving production processes
Dr. Dekkers noted that the Material-Science business has recognised improvements to production processes as one of the most important keys to greater sustainability. Bayer is converting its energy-intensive chlorine production to a process that lowers energy requirements by some 30 per cent. "Efficiency and cost-effectiveness go hand in hand in the long term. What’s more, using less energy also improves our carbon footprint," he said. The same applies to gas phase phosgenation in the production of TDI, one of the precursors for polyurethanes, he added. Dr. Dekkers referred to the ‘Dream Production’ project as a particularly fascinating and innovative development. Here the concentration of CO2 can be additionally reduced by using an innovative technology to convert it from a waste product into a raw material for plastics production.
New approaches in innovation
Dr. Dekkers emphasised that Bayer has a unique starting position thanks to its extensive expertise with respect to the health of people, animals and plants. "Bayer is the only global company to combine all three under one roof". It is from this very position that Bayer is breaking new ground in terms of innovation too. Thanks to significant progress in the biosciences, there is a steady flow of new findings about fundamental cellular mechanisms in people, animals and plants, the Bayer Chairman said, explaining that these mechanisms can be very similar across various species and can thus enable new research approaches. Dr. Dekkers said Bayer has therefore created the framework its researchers need to work together on innovations – systematically and much more intensively across subgroup boundaries.
"One thing is clear: we are committed to innovation. It is the only way to safeguard not only the company’s future, but also – in more global terms – that of our planet’s entire population," summed up Dr. Dekkers. However, he cautioned, innovation can only thrive under certain conditions. According to Dr. Dekkers, innovation is not just a matter of money – it also requires curiosity, a will to change and constant improvement. "This is something that needs to be taught and encouraged. Good training is therefore essential for each and every innovation location," he said. "However, it is also important for society to be open to new ideas. We must not live in a society that is afraid of taking risks and grasping opportunities." Dr. Dekkers said these abilities and attitudes must be promoted – a task that requires a combined effort by politicians, schools and industry.

CHEMICAL WEEKLY 27 NOVEMBER 2012 ISSUE

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