At the 150th Anniversary celebration of Bayer CropScience earlier this week Jim Bloom, President and CEO of Bayer CropScience North America spoke with SFN’s Bob Midles about Bayer’s consolidation efforts into Research Triangle Park:
“It started last March when we named RTP as our global headquarters for our seasoned biotechnology business. We are a firm believer in a leader to biotechnology in the world, we believe it’s a key to feeding a growing and hungry world. We have been producing our products and putting them through the market for over 15 years.
We have bought the adjacent property and more than doubled our footprint, we have about 129 acres. We have three separate facilities in the Raleigh area that we are trying to consolidate back onto this property through the acquisition of other life science companies in the past few years. We have also, in the past year, brought over 40 families of scientists from our legacy site in Kansas City, scientists who were with Bayer since 2002. Now we have all of our scientists in one city and soon to be in one campus. An area of working together and collaboration is our goal. That is why we are expanding so greatly.
With agriculture being the number one industry in NC, its important for us to be in that environment. In addition, the access to academia and a place where our scientists like to live, as well as proximity to our competitors. When we sometimes have more ideas than capital to support, collaboration will be even more important among biotech companies.
In addition, all of the associations, the Dept of Ag, NC State, etc. are a part of the collaboration. That is why you a have seen two European companies announce they are moving their headquarters to Research Triangle Park.”
President and CEO of Bayer CropScience North America, Jim Bloom.