Long-term goals outlined by Bayer CropScience
Nicholson said, “We are living in a new era of biological understanding.”
He used the example of the first individual’s human genome taking 10 years to be sequenced, but within a couple years the genome sequencing of a human will take one day and cost around $1,000. Today, it would be between $4,000 and $5,000 to complete that process in two or three days
Bayer CropScience is aiming to deliver differentiated and sustainable crop solutions; exploit our expertise in seeds, breeding and traits, biologics and small molecules to build a unique position in crop efficiency; build integrated and effective global research and development; and develop a world class external network.
Nicholson said Bayer will be outsourcing, partnering and working in cooperating with other companies and academic institutions going forward much more than in the past.