CropLife Australia’s Post

Rising costs of bringing a new #cropprotection product to market in Australia compared to the rest of the world, could mean our farmers miss out on important innovations. A new report reveals the journey from discovery to market for just one #cropprotection chemical active constituent now exceeds 12 years and costs more than AUD$440 million. The global costs of research and developments (R&D) into new active ingredients are climbing even faster with individual company budgets soaring by 82% in 5 years. Read the full article in the latest issue of CropLinks: https://ow.ly/fXAY50UlmBY

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics