Innovation Update Event Highlights Farmer
Opportunity and Progress to Transform Production Agriculture
through 2035 and Beyond
INDIANAPOLIS, May 9, 2023
/PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today showcased its
farmer-focused innovations, sustainability-driven initiatives and
industry-leading R&D pipeline advancements during the Company's
Innovation Update. Through key product launches, the Company is
expanding its leadership position in the global seed and crop
protection market by continuing to deliver products that increase
and protect yield potential for farmers globally.
"We have a world-class R&D program with an industry-leading
return on investment, creating the science and technology to help
solve some of the world's greatest challenges – including food
security, climate change and the energy transition," said
Chuck Magro, Chief Executive
Officer, Corteva Agriscience.
With over 100 years of hybrid corn breeding, Corteva has built
generational strength in germplasm performance that provides
sustained yield advantage across diverse growing conditions. Key
product launches showcase the Company's industry-leading corn and
soybean products that deliver unique value to farmers, including
Vorceed® Enlist® and the continued adoption
of Pioneer® brand A-series with Enlist E3®
technology. New fungicide options for farmers continue to expand as
the successful Inatreq™ active is now joined by Adavelt™ active.
Recently launched, Adavelt™ active enables next-level disease
control on a broad range of crops including fruits and vegetables,
trees, nuts, oilseeds and flowers.
The Company also provided a long look into its leading pipeline
of innovation, highlighting key projects that will create more
options for farmers through proprietary biotech trait and
differentiated crop protection solutions through 2035. These
projects include bringing new modes of action to help control
shifting insect, disease and weed challenges on the farm,
specifically with third and fourth generation above- and
below-ground insect control technology and by introducing a
three-generation family of novel herbicides that address resistant
weeds in cereal crops. This includes the brand launch of Bexoveld™
active, a third-generation 6-Arylpicolinate herbicide with a
favorable regulatory, toxicological and environmental profile.
"Our R&D program is also delivering innovation by moving
faster on new opportunities such as biologicals to help farmers
meet changing food production demands and the potential for double
cropping systems that provide another cash crop option for
farmers," said Sam Eathington, Chief
Technology and Digital Officer, Corteva Agriscience. "We are using
the combination of acquisitions, unique value sharing
collaborations, external innovation, and internal R&D
capabilities to provide better solutions to farmers as they address
new challenges to their operations now and in the future."
The Company is leading these discussions on the global direction
of agriculture when it comes to new and emerging technologies such
as reduced stature corn and gene editing to breed disease resistant
plants, as well as growth in frontier markets including
biologicals, renewable energy, specialty oils and proteins.
"We are prioritizing investment around significant growth
opportunities, particularly R&D and innovation," said
Dave Anderson, Chief Financial
Officer, Corteva Agriscience. "This growth will continue to
transform our portfolio into more differentiated sustainable
solutions that create real value or farmers and higher quality
earnings for Corteva."
Learn more about Corteva's R&D innovation advancements from
the webcast, which can be accessed on our Events and Presentations
page of the Corteva Investor Relations website.
About Corteva Agriscience
Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play
agriculture company that combines industry-leading innovation,
high-touch customer engagement and operational execution to
profitably deliver solutions for the world's most pressing
agriculture challenges. Corteva generates advantaged market
preference through its unique distribution strategy, together with
its balanced and globally diverse mix of seed, crop protection, and
digital products and services. With some of the most recognized
brands in agriculture and a technology pipeline well positioned to
drive growth, the company is committed to maximizing productivity
for farmers, while working with stakeholders throughout the food
system as it fulfills its promise to enrich the lives of those who
produce and those who consume, ensuring progress for generations to
come. More information can be found at www.corteva.com.
Follow Corteva on Facebook, Instagram, LinkedIn, Twitter, and
YouTube.
Cautionary Statement on Forward-looking
Statements
This release contains certain estimates and
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended, and Section 27A of the
Securities Act of 1933, as amended, which are intended to be
covered by the safe harbor provisions for forward-looking
statements contained in the Private Securities Litigation Reform
Act of 1995, and may be identified by their use of words like
"plans," "expects," "will," "anticipates," "believes," "intends,"
or other words of similar meaning. All statements that address
expectations or projections about the future, including statements
about Corteva's regulatory approvals, product development, product
offerings and expected performance are forward-looking statements.
Corteva disclaims and does not undertake any obligation to update
or revise any forward-looking statement, except as required by
applicable law. A detailed discussion of some of the significant
risks and uncertainties which may cause results and events to
differ materially from such forward-looking statements or other
estimates is included in the "Risk Factors" section of Corteva's
Annual Report on Form 10-K, as modified by subsequent reports on
Form 10-Q and Current Reports on Form 8-K.
The transgenic soybean event in Enlist E3® soybeans
is jointly developed and owned by Corteva Agriscience and M.S.
Technologies L.L.C.™ ® ℠ Trademarks and
service marks of Corteva Agriscience and its affiliated
companies. Bexoveld™ active has not obtained regulatory
approvals.
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SOURCE Corteva, Inc.