On average, it takes nine to 10 years and an investment of more than $250 million to bring a new agricultural chemical compound to market, according to industry figures. Similarly, from gene discovery to commercial launch, the development and registration of a new trait or stack of traits takes an average of 10 years and in excess of $100 million ─ a cost that is rapidly increasing with the increasing complexity of traits.
With so much on the line, it’s critical to be as efficient and effective as possible. Dow AgroSciences is a recognized leader in research and development because we have an excellent investment-to-commercialization success rate that focuses on market needs, openness to strategic collaboration, investment in state-of-the-art scientific technologies and a disciplined development process:
- Basic lab research explores, designs and identifies potential candidates for new, sustainable insecticide, herbicide, fungicide and crop trait solutions, including capabilities in natural products discovery that have won the Presidential Green Chemistry Challenge Award, presented by the U.S. Environmental Protection Agency (EPA).
- Discovery adds an in-depth basic understanding by using biology, chemistry, molecular biology and genetic research tools.
- After a product candidate is identified, it must be developed and tested to meet rigorous hurdles for regulatory, environmental, stewardship, market performance, manufacturing and packaging demands.
- R&D support continues throughout the useful lifespan of the product, including expansion for new uses or crops and periodic re-registration by regulatory agencies.
Learn about what innovative new products are in the various stages of our R&D pipeline.