Bayer

Bayer is a global enterprise established in 1863 in Barmen (today a part of Wuppertal), Germany with core competencies in the fields of health care, agriculture and high-tech polymer materials. Bayer’s products and services are have benefited people and improved the quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. In fiscal year 2014, Company employed 118,900 people and had sales of €42.2 billion. Capital expenditures amounted to €2.5 billion, R&D expenses to €3.6 billion.

Bayer’s first and best known product was aspirin. It also introduced phenobarbital, prontosil, the first widely used antibiotic and the subject of the 1939 Nobel Prize in Medicine, the antibiotic Cipro (ciprofloxacin), and Yaz (drospirenone) birth control pills. Bayer HealthCare is among the world’s foremost innovators in the field of pharmaceutical and medical products. This subgroup researches, develops, manufactures and markets products to improve the health of people and animals.

Product Portfolio:

  • Veterinary drugs
  • Diagnostic Imaging
  • General and Specialty medicines
  • Women’s health products
  • Over-the-Counter drugs
  • Diabetes care
  • Pesticides
  • Plant Biotechnology
  • Polymers
  • Coatings
  • Adhesives

Company Information

Type Aktiengesellschaft
Traded as FWB: BAYN
Industry Pharmaceuticals, chemicals
Founded 1863
Founder Friedrich Bayer, Johann Friedrich Weskott
Headquarters Leverkusen, Germany
Key people Marijn Dekkers (CEO), Werner Wenning (Chairman of the supervisory board)
Products Veterinary drugs, diagnostic imaging, general and specialty medicines, women’s health products, over-the-counter drugs, diabetes care, pesticides, plant biotechnology, polymers, coatings, adhesives
Revenue €39.76 billion (2012)
Net income €2.446 billion (2012)
Number of employees 118,900 (FTE, 2014)
Subsidiaries Bayer MaterialScience, Bayer Corporation, Bayer Schering Pharma, Bayer HealthCare Pharmaceuticals, Bayer CropScience
Website www.bayer.com

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