The leading companies represented by CropLife International spend considerable time, effort and funds on research and development programmes aimed at discovering and developing new active ingredients, as well as improving the activity and safety of older products through improved formulation, packaging and delivery
The goal of the industry’s research and development programmes is to improve the range and quality of its crop protection products. These advances, include both the refinement of existing products and the development of new products and applications.
On average, CropLife International’s leading companies spend approximately 7.5% of sales on research and development for crop protection products. This ratio places the plant science industry among the most R&D intensive business sectors. For the top ten leading crop protection companies this amounts to some US$2,250 million per year.
All companies are working to create new products or reformulate older products so that they are biological efficient, environmentally sound, user friendly and economically viable.
A new crop protection product takes 8 to 9 years and approximately US$200 million to develop (from discovery to first sales); on average around 25 %, and as much as 40%, of the cost is on researching non-target (including mammalian) toxicology, environmental fate and impacts.
Further details of the plant science industry’s research and development programmes for crop protection products can be found in a report available here.