Bayer To Build US Biotech Research Center
8 May 2009 Bayer CropScience will strengthen its rapidly growing Seeds and Traits business by establishing a plant biotechnology research center in Morrisville, North Carolina, US, reports Wire Services. The region is a center for biotechnology and agricultural innovation, says Bill Buckner, president and CEO of Bayer CropScience’s US subsidiary Bayer CropScience LP. Bayer CropScience currently has a total of 2,400 employees across the US, with 476 in North Carolina.
The company plans to invest more than US $10 million during the next five years, creating about 130 jobs at the new facility, which is expected to be operational autumn 2009. Research at the US-based Biotech Innovation Center will support trait development across a range of crop platforms, focusing
on agronomic performance and yield stability. Various technology management functions, which take leading roles in performing studies and preparing regulatory dossiers for new plant biotechnology products that are already well advanced in the pipeline, will also take place at the Innovation Center. The state of North Carolina will support the project with a multi-year incentive plan to facilitate the development of the center.
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