Print This PageGrowing Innovation
Leadership in Research and Development
We have built our R&D leadership through a long-term focus on the science of agricultural yield and an ongoing commitment to invest about 10 percent of our revenues in research. The building blocks of our leadership are our advanced breeding technology, an unmatched global germplasm library, and biotechnology knowledge and skill.
Underlying our R&D leadership is a culture of teamwork and collaboration. Throughout the company, we combine a focus on product development with an openness to new ideas and an emphasis on bringing those ideas to market. We measure success by our ability to move projects steadily through the pipeline, and over the last two years more than 70 percent of products in our pipeline moved from one phase to the next, with the rest passing key milestones in the development process.
Taken together, these attributes have established us as the leading innovator in seeds and traits. Monsanto was the first company to launch stacked and second-generation traits. These attributes are among the reasons Monsanto was selected by Science magazine as one of the top 10 places to work in the biotechnology industry.
