Bayer

Bayer is an international company operating in the fields of healthcare and agriculture. It works in the areas of disease prevention, alleviation and treatment, supply of high quality food, feed and plant raw materials. The company is based on the principles of sustainable development, economic stability and social responsibility.

In 2020 the Bayer Group included 385 consolidated companies in 83 countries.

• Between 1988 and 2001 the company underwent transformation and globalization.
• In the 1990s, the company celebrated 100 years of Aspirin™.
• After 1989, the company intensified its focus on the markets of Germany and Eastern Europe.
• In 2013 Bayer celebrates its 150th anniversary worldwide.
• 2014 - Bayer strengthens its oncology business with the acquisition of Algeta.
• 2015 - the MaterialScience subgroup becomes an independent company under the new name Covestro.
• June 7, 2018 - Bayer successfully completes its acquisition of Monsanto.
• 2020 - Bayer buys Asklepios BioPharmaceutical (AskBio) and launches a new platform for cell and gene therapy.