July 28, 2014 12:21 AM ET

Food Products

Company Overview of Bayer CropScience AG

Company Overview

Bayer CropScience AG is a crop science company in the areas of seeds, crop protection, and non-agricultural pest control. It offers crop solutions, as well as seeds and traits in the areas of cotton, fruit and vegetables, corn, oilseeds, rice, soy, wheat, sugar beets, and sugar cane; chemical and biological crop protection solutions, including fungicides, herbicides, insecticides, and seed growth solutions; and services for sustainable agriculture. The company sells its products in North America, Latin America, Africa, and the Middle East. Bayer CropScience AG was formerly known as Aventis CropScience AG and changed its name to Bayer CropScience AG in June 2002. The company was founded in 19...

Alfred-Nobel-Strasse 50

Monheim am Rhein,  40789

Germany

Founded in 1999

Phone:

49 2173 38 0

Fax:

49 2173 38 3034

Key Executives for Bayer CropScience AG

Chairman of Management Board and Chief Executive Officer
Age: 46
Chief Financial Officer and Member of The Board of Management
Age: 49
Head of Crop Protection For The North American Region
Chairman of the Management Board - Bayer AG
Age: 68
Chief Executive Officer of Bayer Ag
Age: 57
Compensation as of Fiscal Year 2014.

Bayer CropScience AG Key Developments

Bayer CropScience Settles Serenade-Related Litigation with Bion Tech

Bayer CropScience and Bion Tech have settled a patent infringement case in Korea. Under the settlement, Bayer CropScience granted Bion Tech a royalty-bearing license to sell lipopeptide-containing products based on Bion Tech's proprietary Bacillus subtilis Y1336 strain. Bion Tech's strain Y1336 produces agrastatin, which is covered by claims related to lipopeptides in Bayer CropScience's patent portfolio. These lipopeptides contribute to the unique properties of Bayer's Serenade products. The license extends to various countries, with a focus on Asia. Financial terms of the settlement were not disclosed.

Bayer Cropscience AG Appoints Adrian Percy as New Head of Research and Development, Effective August 1, 2014

Effective August 1, 2014 Dr. Adrian Percy, currently Senior Vice President of Global Regulatory Affairs within Bayer CropScience will take over the position as Global Head of Research & Development (R&D). In his new role, Dr. Percy will also become member of the Bayer CropScience executive Committee. Currently Adrian Percy (49) has responsibility for regulatory activities across the Bayer CropScience technology platforms, including Seeds & Traits, Crop Protection and Environmental Science globally. David Nicholson, currently Head of R&D has decided to leave the company to pursue other career opportunities outside of Bayer, effective July 31, 2014.

Bayer and Kaiima Collaborate to Develop Advanced Hybrid Rice Varieties

Bayer CropScience and Kaiima Bio-Agritech Ltd. entered into a collaboration to develop advanced hybrid rice varieties. The multi-year project combines Bayer's and Kaiima's expertise in breeding and technology in order to increase growers' productivity in important rice-cultivating countries. The goal of the collaboration is to focus on the breeding of new high-yielding hybrid rice varieties utilizing Bayer's elite rice germplasm and Kaiima's proprietary Enhanced Ploidy (EP) technology. Kaiima has been able to successfully harness the benefits of polyploidy by developing its breakthrough, non-GMO EP technology. When applied to high-impact food crops, EP significantly boosts plants' productivity. EP is based on the genome duplication phenomenon that occurs naturally in plants, and is considered as one of the most important evolutionary processes that plants use to adapt to stressful environmental changes.

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Bayer CropScience AG, 39,000 square meters of property in Hattersheim near Frankfurt
 

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