Bayer Unveils Agchem Plans; Ups Pipeline Estimates

Peterson: One size doesn't fit all solutions. Bayer CropScience, a leading agchem producer, has embarked on a strategy built around four growth pillars and says it is likely to exceed previously announced targets for its bioscience business and for the estimated value of its product-development pipeline. The company also reiterated its guidelines for 2011, which include a “high single-digit” percentage sales improvement on a currency- and portfolio-adjusted basis. Bayer CropScience also plans to expand Ebitda before special items by about 20% compared...

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