FMC has a culture of innovation. We believe that great ideas can come from any level in the organization. As a team, we are in constant pursuit of new and differentiated technologies that help protect and improve the productivity of farms across the globe.
FMC's global R&D team, including biologists, chemists, weed scientists, entomologists, plant pathologists and molecular biologists, is guiding one of the most robust discovery and development pipelines in the agriculture industry. FMC also uses external collaborations, partnerships and investments to enhance the diversity of our research efforts. We have invested in—and partnered with—companies that are complementary to our own efforts.
FMC is accelerating the speed of crop protection innovation and advancing the discovery and commercialization of our new active ingredient pipeline to help growers and farmers address the wide range of challenges they face. FMC's pipeline is highly valuable because we're biased for new modes of action and our scientists are passionate about discovering new molecules that will become technical and commercial winners. As a result, FMC's pipeline was recognized with top honors in the Best R&D Pipeline category at the Crop Science Forum & Awards in both 2018 and 2020.
Discovery is where we identify and create new molecules the world has never seen to control pests that challenge growers. We focus on molecules that meet future registration requirements and criteria for a successful, competitive commercial product. We screen more than 60,000 compounds annually. Our goal is to advance one new molecule from Discovery to Development annually.
Successful molecules will progress from Discovery to the Development pipeline. The Development pipeline has its own set of gates where product offerings are defined, regulatory studies are conducted, sustainability assessments are performed, formulations for specific crops and regions are created, and the product is prepared for commercial launch. In total, it takes 10 to 13 years to discover, develop and launch a commercial product.
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We are guided by FMC's sustainability goal to dedicate 100 percent of R&D investments to develop more sustainable products. To help achieve this, we use the FMC Sustainability Assessment Tool. This tool, along with other stewardship processes, helps ensure we develop and commercialize sustainable solutions for growers. FMC was recognized with an American Chemistry Council award in 2019 for this tool.
As an agricultural sciences company, FMC believes in innovation and in protecting that innovation through intellectual property rights. We are deeply committed to ensuring farmers use genuine crop protection products from legitimate sources.
Visit our Brand Protection page to learn more about our position, latest updates on our brand protection efforts, and topical insights from leaders across FMC.