Bayer CropScience granted exclusive rights to the hybrid rice breeding program of the Brazilian company Fazenda Ana Paula
Enhanced research and development capability for hybrid rice:
Monheim, – Bayer CropScience has announced an agreement granting it exclusive worldwide license rights to the rice breeding program of the Brazilian company Fazenda Ana Paula, specialized in hybrid rice breeding. This agreement will enable Bayer CropScience to further enhance its breeding capability and development of hybrid rice for Brazil and further expand its global hybrid rice business. Financial terms and other details of the deal were not disclosed.
With this agreement, Bayer CropScience gains access to the unique rice germplasm developed by Fazenda Ana Paula, strenghtening both its existing hybrid breeding program and its geographical presence on a global basis.
“Hybrid rice will play an important role in meeting the need for increased global rice production demanded by over half the world’s population. We are already a world-wide leader in hybrid rice seed with Arize®, and we intend to enhance our hybrids further – with superior genetics and a world-class hybrid seed operation”, said Dr Mathias Kremer, Head of the business unit BioScience at Bayer CropScience.
“Fazenda Ana Paula started the hybrid rice breeding program in 2000. We brought to Brazil and Uruguay a team of specialists from China to help us run the research project. We are very proud of the results achieved and we strongly believe that this deal with Bayer will lead the program to the next level”, said Haroldo Pimentel Stumpf, Head of the Research Division of Fazenda Ana Paula.
Bayer CropScience also has a leading presence with its crop protection products in rice. With this agreement, Bayer CropScience will be able to further meet the challenges of rice production through tailored, sustainable and high performance solutions from seed to shelf.
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 Fazenda Ana Paula
Fazenda Ana Paula is the Research and Development division of Metropolitana Incorporadora, a company owned by the entrepreneur gaucho Ernesto Correa da Silva Filho, present in Brazil in the segments: means of payment (GetNet Tecnologia e Good Card), fleet and convenants management (Embratec Ecofrotas & Benefícios), hotels (Intercity Hotéis), financing (Banco Topázio), among other ventures.
Find more information at www.bayercropscience.com.
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 forward-looking statements or to conform them to future events or developments.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.