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  "documentTitle": "E.I. du Pont de Nemours and Company (DuPont) (DD)",
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  "authorName": "Nelson Peltz",
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  "presentationDate": "2015-04-21 00:00:00",
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  "notes": "Uses a simple input-output process flow to highlight the failure of R&D investment.",
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      "text": "Substantial Agriculture R&D Has Yielded Negative Results",
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      "text": "~$5bn in Agriculture R&D over last 5 years",
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      "text": "No new biotech traits, of significance, discovered\n$1bn jury verdict against DuPont for patent infringement\n$1.2bn in charges relating to Imprelis, despite estimated sales of only ~$7m\nPaying competitors for science capabilities",
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      "text": "Source: SEC filings. (1) Monsanto press release 8/1/12. (2) DuPont press release 3/26/2013. (3) Free Press, \"EPA: DuPont failed to warn of popular herbicide's danger to trees\". Charges taken by DuPont related to customer claims of damage caused by the Imprelis herbicide. (4) Pioneer press release, 12/14/2010. (5) 2010-2014 based on Company Data Book and 2014 Form 10-K.",
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