Bayer Pharmaceuticals is a German global pharmaceutical company that was founded in 1863 and is headquartered in Leverkusen.
Bayer Pharmaceuticals has the support of over 1,16,000 employees globally. Bayer Pharmaceuticals occupies Rank #178 in the Global Fortune 500 Companies list, 2015, up from Rank #193 in 2014.
Bayer Pharmaceuticals is a Life Science company that has three major business divisions, namely,
2 Consumer Healthcare and
3 Crop Science
The Pharmaceuticals division provides solutions for areas like oncology, cardiology and hematology, gynecology, neurology, infectious diseases, ophthalmology, and diagnostic imaging. Some of the major brands of Bayer Pharmaceuticals are BELT, Luna, Movento, Confidor and FiberMax. The Consumer Health division is mostly into Over The Counter (OTC) drugs like Aspirin. The Crop Science division focuses on providing solutions on various spheres of agriculture.
Bayer Pharmaceuticals is actively involved in research through various phases of clinical trials and partnering strategically for research to improve the healthcare ecosystem. In May 2016, Bayer offered $62 billion for acquiring Mosanto, an American agricultural company, strengthening its interest to grow in the Crop Science division. Bayer Pharmaceuticals is ranked 9 in the list of top 10 global pharmaceutical companies in the world and has annual revenue of $25.65 billion, R & D Expenditure of $3.202 billion and a basic EPS of $5.616.