bayer ag

[12], Bayer's first major product was acetylsalicylic acid—first described by French chemist Charles Frederic Gerhardt in 1853[13]—a modification of salicylic acid or salicin, a folk remedy found in the bark of the willow plant. [11] An illuminated version of the logo is a landmark in Leverkusen. Read more about our economic, ecological and social challenges and opportunities. In April 2010, a Lonoke County, Arkansas jury awarded a dozen farmers $48 million. But in 2003, documents emerged showing that Cutter had continued to sell unheated blood products in markets outside the US until 1985, including in Malaysia, Singapore, Indonesia, Japan and Argentina, to offload a product they were unable to sell in Europe and the US; they also continued manufacturing the unheated product for several months. [187][188] On 15 February 2020, Bayer-representing Monsanto- and BASF were ordered to pay not only the $15 million in damages, but an additional $250 million in punitive damages. [118] Effective January 2016 following the spinout of Covestro, Bayer rebranded itself as a life sciences company, and restructured into three divisions and one business unit: Pharmaceuticals, Consumer Health, Crop Science, and Animal Health. [116][117] Bayer spun out the division because it had relatively low profit margins compared to its life science divisions (10.2%, compared with 24.9% for the agriculture business and 27.5% for healthcare) and because the business required high levels of investment to maintain its growth, and to more clearly focus its efforts and identity in the life sciences. [121] In September 2016, Monsanto agreed to a $66 billion offer by Bayer. We want to improve people's lives and make a contribution to society - today and in the future. Inovace a výzkum. [citation needed], A further expansion in Elberfeld was impossible, so the company moved to the village Wiesdorf at Rhein and settled in the area of the alizarin producer Leverkus and Sons. One-third of all food produced doesn’t even make it to the table. Look through Bayer's full product portfolio including herbicides, fungicides, insecticides, seeds, seed treatments, traits & more for your growing needs. [185] Dicamba was another product which Bayer acquired from Monsanto. Click the button below to request a report when hardcopies become available. Bayer said it did this because some countries were doubtful about the efficacy of the new product. [157] Bayer HealthCare's Diagnostics Division was acquired by Siemens Medical Solutions in January 2007. Arthur Eichengrün, a Bayer chemist, said he was the first to discover an aspirin formulation that did not have the unpleasant side effects of nausea and gastric pain. [33], In 1925, Bayer became part of IG Farben, a German conglomerate formed from the merger of six chemical companies: BASF, Bayer, Hoechst (including Cassella and Chemische Fabrik Kalle), Agfa, Chemische Fabrik Griesheim-Elektron, and Chemische Fabrik vorm. Find the latest BAYER AG NA O.N.

Bayer is a Life Science company with a more than 150-year history and core competencies in the areas of health care and agriculture. In 2006, the company acquired Schering, in 2014, it acquired Merck & Co.'s consumer business, with brands such as Claritin, Coppertone and Dr. Scholl's, and in 2018, it acquired Monsanto, a leading producer of genetically engineered crops, for $63 billion. [37], Helge Wehmeier, then CEO of Bayer, offered a public apology in 1995 to Elie Wiesel for the company's actions during World War II (1939–1945) and the Holocaust. With our distinctive knowledge of people, animals and plants, we focus on the areas of health care and nutrition. Bayer is an innovation company with a more than 150-year history. [108] In 2014, Bayer agreed to buy Merck's consumer health business for $14.2 billion which would provide Bayer control with brands such as Claritin, Coppertone and Dr. Scholl's. The discovery and devel… [138] Also in 2002, Bayer AG acquired the Dutch seed company Nunhems, which at the time was one of the world's top five seed companies.

In 1914, Bayer manufactured dianisidine chlorosulfate for use in 105 mm artillery shell, intended as a lung irritant against British forces.
Friedr. [107] Bayer partnered on the development of the radiotherapeutic Xofigo with Algeta, and in 2014, moved to acquire the company for about $2.9 billion. One example in the area of non-clinical safety assessment is the InnoMed PredTox program.
Aging Population, big data, prenatal nutrition, water scarcity, animal-human bond: Bayer engages in a conversation about the future that matters the most to you – your own. [132], Bayer's Monsanto acquisition is the biggest acquisition by a German company to date. (BAYN.DE) stock quote, history, news and other vital information to help you with your stock trading and investing. Bayer AG, Pharmaceuticals, Berlin, Germany Represented by the Management Board: Werner Baumann, Chairman Liam Condon, Wolfgang Nickl, Heiko Schipper, Stefan Oelrich Müllerstrasse 178 13353 Berlin, Germany Tel.

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