Bayer CropScience launches Infinito® in Poland, Germany and Austria
Innovative substance fluopicolide protects potatoes against Phytophthora
Company expects further registrations
Thursday - January 25, 2007 - Monheim (Germany) – Bayer CropScience has started launching fluopicolide, one of the newest products in the company’s fungicides portfolio, in further major European markets. Infinito® was recently given regulatory approval in Poland and Germany, enabling the product registration to be used in Austria as well. Last year the local Bayer CropScience organizations in China, Korea and the United Kingdom successfully positioned the product in their markets. The company expects Infinito® to be registered in further major markets worldwide during 2007 and 2008.
Infinito® - a combination of the new active ingredient fluopicolide and the established compound propamocarb – is a potato fungicide which provides reliable protection against late blight (Phytophthora infestans). Fluopicolide’s novel and unique mechanism of action leads to rapid destabilization of fungal cell structures. Infinito® provides particularly long-lasting protection for the plant, and its efficacy remains constant under all weather conditions. The product has a favorable residue and ecological profile, enabling it to meet the high standards required by the food chain, and provides a particularly high level of protection against infections of the tuber. Infinito® reliably protects the entire potato plant against damage during all critical growth phases.
The success story of fluopicolide impressively illustrates the high level of innovativeness at Bayer CropScience. The company successfully launched 17 new active ingredients between 2000 and 2006. A further nine active substances are scheduled for introduction between 2007 and 2011. This will enable the proportion of the company’s portfolio which is accounted for by new compounds to be increased further. In total, Bayer CropScience believes that potential sales for its 26 new active substances could amount to approximately EUR 2 billion annually.
Bayer CropScience AG, a subsidiary of Bayer AG with annual sales of about EUR 5.9 billion (2005), 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. This and further news is available at: www.newsroom.bayercropscience.com
This news release contains forward-looking statements based on current assumptions and forecasts made by Bayer CropScience AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future consolidated results, financial situation, development or performance of our parent company, Bayer AG, and the estimates given here. These factors include those discussed in Bayer AG’s public reports filed with the Frankfurt Stock Exchange and with the U.S. Securities and Exchange Commission (including Bayer AG’s Form 20-F). Neither Bayer AG nor Bayer CropScience AG assumes any liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
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