What does the Bayer group do?
The Bayer Group is managed as a life science company with three divisions – Pharmaceuticals, Consumer Health and Crop Science, which are also our reporting segments. The Enabling Functions support the operational business.
What is the history of Bayer?
Bayer is a Life Science company with a more than 150-year history and core competencies in the areas of health care and agriculture. With our innovative products, we are contributing to finding solutions to some of the major challenges of our time. The Bayer Cross is one of the world´s best-known trademarks
What are some of Bayer’s Popular Pharmaceuticals?
Some of its popular pharmaceuticals include Levitra, Nexavar, Avelox, Cipro, Mirena and Xarelto. The company also specializes in chemicals and veterinary products. Bayer’s past includes Nazi ties and sales of HIV-tainted blood products. The company has also battled personal injury lawsuits and false marketing claims.
How many drugs does Bayer make and distribute?
Drugs Associated with Bayer HealthCare Pharmaceuticals Inc. Bayer HealthCare Pharmaceuticals Inc. manufactures, markets and/or distributes more than 21 drugs in the United States.
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Is Bayer a pharma?
Bayer is a global pharmaceutical company known for making Aspirin. The company started more than 150 years ago and is now one of the largest corporations in the world.
What kind of company is Bayer?
multinational pharmaceutical and biotechnology companyBayer AG (/ˈbaɪ. ər/, commonly pronounced /ˈbeɪər/; German: [ˈbaɪɐ]) is a German multinational pharmaceutical and biotechnology company and one of the largest pharmaceutical companies in the world.
What company owns Bayer?
United States Bayer CropScience LLC United States Bayer CropScience LP United States Bayer East Coast LLC United States Bayer Essure Inc. United States Bayer Great Lakes Production Co., LLC United States Bayer HealthCare Holdings LLC United States Bayer HealthCare LLC United States Bayer HealthCare Pharmaceuticals Inc.
Is Bayer a HealthCare company?
As a leader in healthcare, Bayer provides innovative solutions designed to prevent, alleviate and treat diseases. Bayer's leadership in agriculture provides tailored solutions for farmers to plant, grow and protect their harvests using less land, water and energy.
Is Pfizer connected to Bayer?
NEW YORK and LEVERKUSEN, Germany, June 14 /PRNewswire-FirstCall/ -- Pfizer Inc and Bayer Pharmaceuticals Corporation (BPC), the U.S. subsidiary of Bayer HealthCare, announced today that they have entered into an agreement granting Pfizer exclusive worldwide rights to Bayer's DGAT-1 inhibitors, an innovative class of ...
Is Bayer a good company?
According to over 1,800 Glassdoor reviews, Bayer is a top-scorer in work/life balance and compensation & benefits and also does very well in career opportunities and cultures and values. The reviews include many positive details about the good company structure, supportive management and competitive salaries.
Did Pfizer own Monsanto?
The current Monsanto Company was incorporated in 2000 and spun off from Pharmacia in 2002, becoming a completely independent company focused solely on agriculture. The new Monsanto leased space at the Chesterfield site from Pharmacia, and the lease continued after Pfizer acquired Pharmacia in 2003.
Who owns the most shares of Bayer?
Top 10 Owners of Bayer AGStockholderStakeShares ownedMcGinn Investment Management, Inc...0.01%339,267Strategic Advisers LLC0.01%352,203Altrius Capital Management, Inc.0.01%302,988BlackRock Advisors LLC0.01%265,6426 more rows
Does Bayer pay well?
Average Bayer hourly pay ranges from approximately $10.84 per hour for Detasseler to $69.35 per hour for Senior Product Designer.
What products are made by Bayer?
Chemoproteomics.PROTAC's.RNA-targeting SMOLs.Combinatorial Chemistry.Virtual Drug Tests.Diagnostic Imaging.AI Technology.Digitalization in Drug Discovery.
Is Bayer owned by Monsanto?
Bayer acquired Monsanto for $63 billion in 2018 after a tough buyout battle and intense antitrust scrutiny.
Is Bayer a Fortune 500 company?
FORTUNE 500: Bayer Corporation.
Does Bayer pay well?
Average Bayer hourly pay ranges from approximately $10.84 per hour for Detasseler to $69.35 per hour for Senior Product Designer.
Is Bayer owned by Monsanto?
Bayer acquired Monsanto for $63 billion in 2018 after a tough buyout battle and intense antitrust scrutiny.
Is Bayer a German or American company?
Bayer, in full Bayer AG, German chemical and pharmaceutical company founded in 1863 by Friedrich Bayer (1825–80), who was a chemical salesman, and Johann Friedrich Weskott (1821–76), who owned a dye company.
How does Bayer make its money?
Bayer's primary areas of business include human and veterinary pharmaceuticals, consumer healthcare products, agricultural chemicals and biotechnology products, and high value polymers. The company is a component of the Euro Stoxx 50 stock market index.
How many drugs does Bayer manufacture?from drugs.com
Bayer HealthCare Pharmaceuticals Inc. manufactures, markets and/or distributes more than 24 drugs in the United States. Medications listed here may also be marketed under different names in different countries. Non-US country and region specific information is not available on this page.
When did Bayer MaterialScience float?from en.wikipedia.org
On September 18, 2014, the Board of Directors of Bayer AG announced plans to float the Bayer MaterialScience business on the stock market as a separate entity. This transaction was completed in the fall of 2015 with the establishment of Covestro AG.
Why was Aspirin sold?from en.wikipedia.org
While the name "aspirin" became synonymous with Bayer for over a quarter of a century, the company's patents and trademarks were seized by the United States Office of Alien Property Custodian in 1917, due to Germany's enemy status in World War I. These assets were later auctioned and sold to Sterling Drug.
Who bought Monsanto?from en.wikipedia.org
In 2018, Bayer purchased the American agricultural product producer Monsanto Co. With the purchase, Bayer also took on litigation against its weedkiller product, Roundup, which was subject to thousands of lawsuits, representing nearly 100,000 people, claiming the product caused their cancer.
What does Bayer 04 Leverkusen stand for?from en.wikipedia.org
Friedr. Bayer & Co."), later SV Bayer 04 ("Sportvereinigung Bayer 04 Leverkusen"), finally becoming TSV Bayer 04 Leverkusen ("Turn- und Sportverein") in 1984, generally, however, known simply as Bayer 04 Leverkusen. The club is best known for its football team, but has been involved in many other sports, including athletics, fencing, team handball, volleyball, boxing, and basketball. TSV Bayer 04 Leverkusen is one of the largest sports clubs in Germany. The company also supports similar clubs at other company sites, including Dormagen (particularly handball), Wuppertal (particularly volleyball), and Krefeld-Uerdingen (featuring another former Bundesliga football club, SC Bayer 05 Uerdingen, now KFC Uerdingen 05 ).
Where is Mobay located?from en.wikipedia.org
Initially established in St. Louis, Mobay established its headquarters in Pittsburgh, Pennsylvania in 1958, moving to a location in Robinson Township in 1960.
Where is Bayer located?from en.wikipedia.org
Bayer Corporation (also known as Bayer USA) is the American subsidiary of Bayer AG. Its main offices are located in Whippany, New Jersey. In addition it has 40 fully consolidated subsidiary companies located in 19 different states.
What is Bayer all about?from bayer.com
Advancing life - that's what we at Bayer are all about. We put ourselves to the test day in, day out. All together. All over the world. With enthusiasm for new ideas.
When did Bayer MaterialScience float?from en.wikipedia.org
On September 18, 2014, the Board of Directors of Bayer AG announced plans to float the Bayer MaterialScience business on the stock market as a separate entity. This transaction was completed in the fall of 2015 with the establishment of Covestro AG.
Why was Aspirin sold?from en.wikipedia.org
While the name "aspirin" became synonymous with Bayer for over a quarter of a century, the company's patents and trademarks were seized by the United States Office of Alien Property Custodian in 1917, due to Germany's enemy status in World War I. These assets were later auctioned and sold to Sterling Drug.
When will Bayer AG report results in 2021?from bayer.com
On May 12, 2021, Werner Baumann and Wolfgang Nickl presented the first quarter results of Bayer AG. Bayer is a Life Science company with a more than 150-year history and core competencies in the areas of health care and agriculture.
When did Bayer start the USA Foundation?from en.wikipedia.org
In 1953 , Bayer Corporation founded the first of three foundations that were later merged into the Bayer USA Foundation to support philanthropic giving in the United States. Foundation grants focus on education and workforce development, and environment and sustainability.
When did Bayer buy Winthrop?from en.wikipedia.org
In 1994, Bayer reacquired full rights to all former Bayer products after they purchased the Winthrop division of over-the-counter drugs from GlaxoSmithKline, and the Miles name was discontinued. In 2012 Bayer relocated the top United States administrative head to the Bayer HealthCare site in Whippany.
How does Bayer help the world?
Bayer is improving people’s quality of life by preventing, alleviating and curing diseases. And we are helping to provide a reliable supply of high-quality food, feed and plant-based raw materials.
How many employees does Bayer have in 2020?
On December 31, 2020, Bayer employed 99,538 (2019: 103,824) people worldwide. In Germany we had 23,398 (2019: 24,953) employees, which was 23.5% of the total Bayer Group workforce (2019: 24.0%).
How does Bayer improve quality of life?
Bayer is improving people’s quality of life by preventing, alleviating and curing diseases. And we are helping to provide a reliable supply of high-quality food, feed and plant-based raw materials. Bayer’s extensive product portfolio contains numerous globally renowned brands.
How many divisions does Bayer have?
The Bayer Group is managed as a life science company with three divisions – Pharmaceuticals, Consumer Health and Crop Science, which are also our reporting segments. The Enabling Functions support the operational business. In 2020, the Bayer Group comprised 385 consolidated companies in 83 countries.
What is Bayer's mission?
Bayer is a Life Science company with a more than 150-year history and core competencies in the areas of health care and agriculture. With our innovative products, we are contributing to finding solutions to some of the major challenges of our time. A growing and aging world population requires an adequate supply of food and improved medical care.
What is Bayer's goal?
Our goal is to create value for our customers, stockholders and employees, while also strengthening the company’s earning power. We are committed to operating sustainably and addressing our social and ethical responsibilities. Employees with a passion for innovation enjoy excellent development opportunities at Bayer. All this goes to make up our purpose:
What is the pharmaceutical division?
The Pharmaceuticals division focuses on prescription products, especially for cardiology and women’s healthcare, and on specialty therapeutics in the areas of oncology, hematology and ophthalmology. The division also comprises the radiology business, which markets diagnostic imaging equipment together with the necessary contrast agents.
1863–1881: The Early Years
On August 1, 1863, dye salesman Friedrich Bayer and master dyer Johann Friedrich Weskott found the general partnership “Friedr. Bayer et comp.,” and the company enjoys rapid growth. The financial foundation for expansion is laid in 1881 when Bayer is transformed into a joint stock company. more
1881–1914: Becoming an International Company
Between 1881 and 1914, Bayer develops into a chemical company with international operations. Although dyestuffs remain the company’s largest division, new fields of business are being added. The establishment of a major research facility by Carl Duisberg is of primary importance for the company’s continuing development. more
1914–1925: World War I and Its Consequences
Bayer's dazzling development is interrupted by World War I. The company is largely cut off from its major export markets, and sales of dyes and pharmaceuticals drop accordingly. Bayer is increasingly integrated into the war economy. Bayer opens its third German production site in Dormagen in 1917. more
1925–1945: I.G. Farbenindustrie AG
Once the global economy has stabilized in the mid-1920s, it becomes clear that the German dyestuffs industry will be unable to regain its former position in the world market. In 1925, six German companies take the decision to form a community of interests – Interessengemeinschaft Farbenindustrie AG. more
1945–1951: Dissolution of the I.G. and Reestablishment of Bayer
In November 1945, the Allied Forces confiscate the I.G. and place all its sites under the control of Allied officers. The company is to be dissolved and its assets made available for war reparations. But this is not how things turn out… more
1974–1988: Oil Crisis and Consolidation
The oil crisis of 1973/74 ends the “economic miracle” once and for all. When Herbert Grünewald succeeds Kurt Hansen as Chairman of the Board of Management in 1974, the global economy is in a severe recession. Within just a few months, prices for chemical raw materials based on oil quadruple. more
1988–2001: Transformation and Globalization
Celebrating 100 years of Aspirin™. Also Bayer, like other companies, is tested by the challenges presented by the globalization and structural change of the 1990s. In the wake of the radical political changes taking place in Germany and Eastern Europe after 1989, the company increases its focus on these promising markets. more
When will Bayer announce the new commercial leaders for crop science?
May 18, 2021. Bayer Announces New Commercial Leaders for Crop Science Division to Accelerate Growth and Drive Business Transformation. Bayer today announced that Brett Begemann, Chief Operating Officer, Crop Science, will retire from his role after 38 years with the company. This press release features multimedia.
What is consumer health?
Consumer Health brings consumers some of the world’s best-known and most trusted over-the-counter (OTC) medications, nutritional supplements and other self-care products.
Does Bayer have iNHL?
In the U.S., Bayer has filed for relapsed indolent B-cell non-Hodgkin’s Lymphoma (iNHL) In the EU, Bayer has filed for relapsed marginal zone lymphoma (MZL), a subtype of iNHL, and the filing has been... Learn more.
What is Bayer microencapsulation?from bayer.com
Bayer microencapsulation technology provides slow release of acetochlor, activated by moisture. This process allows for increased crop safety and longer lasting residual.
What does Bayer 04 Leverkusen stand for?from en.wikipedia.org
Friedr. Bayer & Co."), later SV Bayer 04 ("Sportvereinigung Bayer 04 Leverkusen"), finally becoming TSV Bayer 04 Leverkusen ("Turn- und Sportverein") in 1984, generally, however, known simply as Bayer 04 Leverkusen. The club is best known for its football team, but has been involved in many other sports, including athletics, fencing, team handball, volleyball, boxing, and basketball. TSV Bayer 04 Leverkusen is one of the largest sports clubs in Germany. The company also supports similar clubs at other company sites, including Dormagen (particularly handball), Wuppertal (particularly volleyball), and Krefeld-Uerdingen (featuring another former Bundesliga football club, SC Bayer 05 Uerdingen, now KFC Uerdingen 05 ).
What is Blockbuster brand?from bayer.com
Our blockbuster brand family which helps farmers control soybean rust and many other fungal diseases – not only in soybeans but in close to 100 different crop plants .
What is the first biotech trait for corn?from bayer.com
The world’s first drought-tolerant biotech trait for corn, these hybrids are designed to resist drought stress and help customers minimize their risks from weather.
Overview
Bayer AG is a German multinational pharmaceutical and biotechnology company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen, Bayer's areas of business include pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index.
Early history
Bayer AG was founded as a dyestuffs factory in 1863 in Barmen (later part of Wuppertal), Germany, by Friedrich Bayer and his partner, Johann Friedrich Weskott, a master dyer. Bayer was responsible for the commercial tasks. Fuchsine and aniline became the company's most important products.
The headquarters and most production facilities moved from Barmen to a larg…
Products
In 1953, Bayer brought the first neuroleptic (chlorpromazine) onto the German market. In the 1960s, Bayer introduced a pregnancy test, Primodos, that consisted of two pills that contained norethisterone (as acetate) and ethinylestradiol. It detected pregnancy by inducing menstruation in women who were not pregnant; the presence or absence of menstrual bleeding was then u…
Acquisitions
In 1994, Bayer AG purchased Sterling Winthrop's over-the-counter (OTC) drug business from SmithKline Beecham and merged it with Miles Laboratories, thereby reclaiming the U.S. and Canadian trademark rights to "Bayer" and the Bayer cross, as well as the ownership of the Aspirin trademark in Canada.
In 2004, Bayer HealthCare acquired the over-the-counter pharmaceutical division of Roche. In M…
Corporate structure
In 2003, to separate operational and strategic managements, Bayer AG was reorganized into a holding company. The group's core businesses were transformed into limited companies, each controlled by Bayer AG. These companies were: Bayer CropScience AG; Bayer HealthCare AG; Bayer MaterialScience AG and Bayer Chemicals AG, and the three service limited co…
Finances
For the fiscal year 2017, Bayer reported earnings of EUR€7.3 billion, with an annual revenue of EUR€35 billion, a decrease of 25.1% over the previous fiscal cycle. Bayer's shares traded at over €69 per share, and its market capitalization was valued at US€65.4 billion in November 2018. In September 2019, Bayer announced to reduce the number of management board members from seven to five to reduce overall costs.
Bayer 04 Leverkusen
In 1904, the company founded the sports club TuS 04 ("Turn- und Spielverein der Farbenfabriken vorm. Friedr. Bayer & Co."), later SV Bayer 04 ("Sportvereinigung Bayer 04 Leverkusen"), finally becoming TSV Bayer 04 Leverkusen ("Turn- und Sportverein") in 1984, generally, however, known simply as Bayer 04 Leverkusen. The club is best known for its football team, but has been involved in many other sports, including athletics, fencing, team handball, volleyball, boxing, an…
Awards and recognition
In October 2008, Bayer's Canadian division was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc. The Canadian division was named one of Greater Toronto's Top Employers by the Toronto Star newspaper. Bayer USA was given a score of 85 (out of 100) in the Human Rights Campaign's 2011 Corporate Equality Index, a measure of gay and lesbian workplace equality.