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Bayer

BayerBayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. The company's products and services are designed to benefit people and improve their quality of life. At the same time Bayer creates value through innovation, growth and improved earning power. The Group is committed to the principles of sustainable development and to its role as a socially and ethically responsible corporate citizen. Economy, ecology and social responsibility are corporate policy objectives of equal rank. In fiscal 2007, Bayer employed 106,200 people and had sales of €32.4 billion. Capital expenditures amounted to €1.9 billion, R&D expenses to €2.6 billion.

Bayer AG defines common values, goals and strategies for the entire Group. The three subgroups and three service companies operate independently, led by the management holding company.

Business operations are the responsibility of the subgroups:

  • Bayer HealthCare makes an important contribution to human and animal health with its innovative products and by researching new therapeutic approaches. The subgroup has four operating divisions: Bayer Schering Pharma (U.S. name: "Bayer HealthCare Pharmaceuticals"; prescription medicines), Consumer Care (over-the-counter medicines and nutritional supplements), Diabetes Care (blood glucose monitoring systems, Animal Health (veterinary medicines and grooming products).
  • Forschung
  • Bayer CropScience is a world leader in the areas of crop protection, pest control, seeds and plant biotechnology. As a partner in the production of high-quality food, feed and fiber, the company offers comprehensive solutions for modern, sustainable agriculture and non-agricultural applications.
  • Bayer MaterialScience is one of the world's leading manufacturers of polymers and high-quality plastics. Apart from its polycarbonates and polyurethanes, this company's offering also includes innovative developments in the fields of coatings, adhesives, insulating materials and sealants. Principal customers are the automotive and construction industries, the electrical/electronics sector and manufacturers of sports and leisure articles, packaging and medical equipment.

Central service functions are combined into the three service companies: Bayer Business Services, Bayer Technology Services and Currenta.

 

For more information, go to: www.bayer.com.