Thursday, November 8, 2018

Pivot Bio, Bayer Announce Research Collaboration To Enhance Soybean Inoculant

IMPROVED BRADYRHIZOBIUM MICROBES COULD HELP U.S. FARMERS BOOST HARVESTS

SAN FRANCISCO and ST. LOUIS, Nov. 8, 2018 /PRNewswire/ -- Pivot Bio and Monsanto Company, a member of the Bayer Group, announced today a collaboration entered into earlier this year to develop Bradyrhizobium strains with enhanced nitrogen production for U.S. soybean growers. Widely found in U.S. soils, Bradyrhizobium strains help soybean plants thrive by fixing atmospheric nitrogen. Increased access and utilization of nitrogen supports better yields. Financial details of the collaboration were not disclosed.

(PRNewsfoto/Bayer)

"A collaboration that brings together Pivot Bio's microbial expertise with Bayer's experience in developing and commercializing chemical and biological crop protection products will ultimately benefit soybean farmers worldwide," said Karsten Temme, Ph.D., CEO & co-founder of Pivot Bio. "We are committed to finding innovative solutions that help farmers be more productive while reducing their environmental footprint. A new Bradyrhizobium solution co-created by Pivot Bio and Bayer has the potential to do both."

"No single entity can solve the challenges farmers around the globe are facing – producing food for a growing world population on fewer acres in a sustainable manner," said Scott Bollman, microbial traits portfolio lead at Bayer. "Pivot Bio's deep knowledge of improving natural soil microbes – and their dedication to developing products that improve on-farm sustainability – make them ideal partners for this research."

Bradyrhizobium strain sourcing and evaluation is expected to begin immediately, and field testing of the first microbes could take place as early as 2021.

The Bradyrhizobium project will further bolster the significant expertise Bayer has in developing and marketing biological solutions. In the U.S., the company develops biologicals at its R&D sites in West Sacramento and La Jolla, California, as well as its R&D facility in Chesterfield, Missouri.

As a recognized leader in developing nitrogen-producing microbes, Pivot Bio will add another crop to its growing list of focus areas through the Bradyrhizobium project. In addition to launching a product for corn called Pivot Bio PROVENTM, the company is developing products for wheat and rice.

Pivot Bio and Bayer have placed environmental sustainability at the forefront of their R&D innovation engines. Founded with a commitment to create sustainable agricultural solutions, Pivot Bio's first product optimizes microbes' natural ability to fix atmospheric nitrogen and apply it to the corn roots daily, giving farmers confidence that their corn crop is receiving the nitrogen it needs throughout the growing season. Bayer recently reiterated its commitments to sustainability and food security, and more information on Bayer's sustainability strategy can be found in their 2017 Annual Report.

About Pivot Bio
Pivot Bio believes in meeting the needs of the present without compromising the needs of future generations. Its unparalleled understanding of the crop microbiome will help create a future with cleaner water and air. The team is dedicated to providing farmers with solutions, so they can grow high-quality, environmentally-responsible and sustainably focused food crops that help feed families worldwide. For more information, visit www.pivotbio.com and follow @pivotbio on Twitter.

About Bayer
Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2017, the Group employed around 99,800 people and had sales of EUR 35.0 billion. Capital expenditures amounted to EUR 2.4 billion, R&D expenses to EUR 4.5 billion. For more information, go to www.bayer.us.

Contact:


John Combest

Tracy Willits

Bayer

Pivot Bio

Email: john.combest@bayer.com

tracy@pivotbio.com

Tel: 314-694-6397

515-202-7714

SOURCE Bayer

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