04 Apr '11, 2pm

Bayer to invest S$35m in new lab

Bayer to invest S$35m in new lab

SINGAPORE : Global health care firm Bayer will invest over S$35 million to expand its seed research laboratory in Singapore over the next five years. Bayer CropScience, a subgroup of Bayer AG, said the facility will cater to increasing demand in the region by supporting the development of new high-yielding and high-quality seed varieties and hybrids. The original rice seed analytics lab has been relocated and expanded to support a broader range of seed breeding and development activities across Asia-Pacific. Bayer said the new investment will increase yields and productivity to meet farmers' needs in crops such as canola, corn, cotton, wheat, soybean and rice. Bayer CropScience expects the demand from its customers across Asia-Pacific for high-quality seeds to continue to increase, and plans to further expand its seed business by investing in research and development as we...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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