Tokyo, Japan
October 21, 2005
7 new active ingredients to be
launched in Japan over the next five years
Bayer CropScience
plans to further develop its leading position in the Japanese
crop protection market through an accelerated introduction of
new products. Addressing a press conference in Tokyo today,
Bayer CropScience CEO Prof. Dr. Dr. h.c. Friedrich Berschauer
asserted that innovation plays the key role for the company to
open up new market opportunities. “Drawing on what we believe is
the strongest crop protection R&D pipeline in the entire
industry, we plan to significantly strengthen our portfolio in
Japan over the coming years”, Berschauer said.
Against the background of
strong global demand for its newly launched active ingredients,
Bayer CropScience has recently raised its sales forecast for
products based on new molecules launched since the year 2000.
With 26 new active ingredients scheduled for launch between 2000
and 2011, Bayer CropScience aims at realizing a global peak
sales potential of € 2 billion with these compounds.
Portfolio rejuvenation
to secure innovation leadership position
In Japan, the company plans to launch seven new active
ingredients over the coming five years. The planned
introductions include the new insecticidal compound spiromesifen
for the control of whiteflies and spider mites, which is planned
to be launched in Japan under the trade name of Danigetter in
2006 / 2007 and the new fungicide fluopicolide, scheduled for
launch in 2007.
“Over the next years, we plan to significantly rejuvenate our
crop protection portfolio through the accelerated launch of new
molecules and new formulations tailor-made for the Japanese
market”, says John Gray, newly appointed President of Bayer
CropScience K.K., the company’s Japanese subsidiary.
Gray, a native New Zealander who took over at the helm of Bayer
CropScience K.K. on October 1, 2005 after having served as Head
of Marketing and Portfolio Management for Bayer CropScience in
the US, looks ahead with confidence: While he expects the
overall Japanese crop protection market to continue to decline
over the next few years as a result of a decrease in planted
acreage and rising imports of commodities, Gray believes that
Bayer CropScience will be growing its business. In particular,
he sees good prospects to increase market share in the two
largest market segments, rice and vegetables, as well as in
fruits and upland crops. As the market leader in the
Environmental Science market in Japan, Bayer CropScience plans
to increase its market share in this segment too, based on the
launch of new innovative products on the coming years.
“Innovation to bring added-value to customers and consumers is
key to success in competitive business environments. Our
experienced and highly qualified people and strong relationships
with business partners are indispensable assets for us”,
outlines John Gray his approach to further developing Bayer
CropScience in Japan. Bayer CropScience K.K. will maintain a
well-balanced approach to the market to maximize the market
adaptation and return on our existing portfolio and R&D
investments. Says Gray: “We will increase professional efforts
to make our products the preferred choice in the market and
retain our leadership position as a value added supplier to
Japanese agriculture.”
Investment in Hofu
production plant
To further broaden its production base in Japan, Bayer
CropScience is investing some EUR 2 million in a formulation
facility in its Hofu plant in Yamaguchi Prefecture. The new
facility is planned to go on stream at the end of October. The
unit will formulate insecticides and fungicides, among them
Flint, a strobilurin-based fungicide and Kirappu, a new
insecticide launched in Japan earlier this year, which is based
on Ethiprole.
Bayer CropScience, a subsidiary of Bayer AG with annual sales
of about EUR 6 billion, is one of the world’s leading innovative
crop science companies in the areas of crop protection,
non-agricultural pest control, seeds and plant biotechnology.
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 about 19,000 and is represented in more than
120 countries. |