Monday, April 18, 2011

Bayer CropScience and DuPont Announce Canola Trait Licensing Agreement

Bayer CropScience and DuPont announced today that they have entered into a global licensing agreement for a canola herbicide tolerance trait.
Researchers in canola field

Monheim, Germany, and Des Moines, Iowa, April 18, 2011 – Bayer CropScience and DuPont announced today that they have entered into a global licensing agreement for a canola herbicide tolerance trait. Bayer has licensed its proprietary herbicide tolerance technology, LibertyLink®, to DuPont business Pioneer Hi-Bred for use in canola (Brassica napus) hybrids. Pioneer will provide Bayer access to certain proprietary juncea (Brassica juncea) genetics. Financial details were not disclosed.

“As a result of the agreement, growers will have a broader choice of LibertyLink canola hybrids and the option to use the successful Bayer herbicide, Liberty®, in their weed management program,” said Joachim Schneider, head of the BioScience Business Unit of Bayer CropScience.

“In addition to expanding the Pioneer® brand canola lineup for our customers, the addition of Liberty herbicide tolerance will contribute to sustainable crop protection by rotating herbicides with different modes of action,” said Ian Grant, Pioneer business director for Canada.

Canola is a form of rapeseed grown primarily in Canada, the United States and Australia on about 10 million hectares (24 million acres) while juncea is primarily grown on 7 million hectares (17 million acres) in India and has adaptation possibilities in other geographies.

“The access to juncea germplasm will strengthen our long-term global Brassica oilseeds breeding program by expanding our portfolio and providing additional choices to growers,” said Schneider. Hybrid products bred from this germplasm would have the potential to provide excellent yield and agronomic qualities like drought-, heat-, and disease-tolerance.

About Bayer CropScience
Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. Bayer CropScience, a subgroup of Bayer AG with annual sales of EUR 6.830 billion (2010), is one of the world’s leading innovative crop science companies in the areas of crop protection, non-agricultural pest control, seeds and traits. 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 20,700 and is represented in more than 120 countries. This and further news is available at: www.press.bayercropscience.com.

About Pioneer Hi-Bred and DuPont
Pioneer Hi-Bred (www.pioneer.com), a DuPont business headquartered in Des Moines, Iowa, is the world’s leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere. Science with Service Delivering Success™. DuPont (www.dupont.com) is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com.The company assumes no liability whatsoever to update these statements or to conform them to future events or developments.

©2011 Bayer CropScience LP, 2 T.W. Alexander Drive, Research Triangle Park, NC 27709. Always read and follow label instructions. Bayer (reg’d), the Bayer Cross (reg’d), Alion™ and Rely® are trademarks of Bayer. Alion and Rely 280 are not registered in all states. For additional product information call toll-free 1-866-99-BAYER (1-866-992-2937) or visit our website at www.BayerCropScience.us

For more information, contact:

Richard Breum, Tel. +49 2173 38-3270
E-Mail: richard.breum@bayer.com

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