Misplaced Pages

#398601

64-677: The settlement is located between Goslar town centre and the Oker in the southeast. The Abzucht stream runs between the Sudmerberg hill, rising in the east, and the northern edge of the Harz mountains. The area is part of the Harz Nature Park . Sudmerberg currently has about 1,880 inhabitants. The Vienenburg–Goslar railway follows the Abzucht river south of Sudmerberg. To the north,

128-431: A German conglomerate formed from the merger of six chemical companies: BASF , Bayer , Hoechst (including Cassella and Kalle & Co.  [ de ] ), Agfa , Chemische Fabrik Griesheim-Elektron, and Chemische Fabrik vorm. Weiler Ter Meer . In the 1930s, Gerhard Domagk , director of Bayer's Institute of Pathology and Bacteriology, working with chemists Fritz Mietzsch and Joseph Klarer, discovered prontosil ,

192-513: A circle. An illuminated version of the logo is a landmark in Leverkusen. Bayer's first major product was acetylsalicylic acid —first described by French chemist Charles Frederic Gerhardt in 1853 —a modification of salicylic acid or salicin , a folk remedy found in the bark of the willow plant. By 1899, Bayer's trademark Aspirin was registered worldwide for Bayer's brand of acetylsalicylic acid, but it lost its trademark status in

256-498: A fee of $ 1.02 billion. In August 2019, the business acquired the ≈60% of BlueRock Therapeutics it didn't already own for up to $ 600 million. In August 2020, Bayer announced it had acquired KaNDy Therapeutics Ltd, helping to boost its female healthcare business, for $ 425 million. In October, Bayer agreed to acquire Asklepios BioPharmaceuticals for $ 2 billion upfront. In June 2021, the company announced it acquire Noria Therapeutics Inc. and PSMA Therapeutics Inc. gaining rights to

320-617: A lung irritant against British forces. In 1916, Bayer scientists discovered suramin , an anti- parasite drug that is still sold by Bayer under the brand name Germanin. The formula of suramin was kept secret by Bayer for commercial reasons, but it was elucidated and published in 1924 by Ernest Fourneau and his team at the Pasteur Institute . It is on the World Health Organization's List of Essential Medicines . In 1925, Bayer became part of IG Farben ,

384-405: A number of cancer-based investigational compounds based on actinium-225 . In September 2015, Bayer spun out its $ 12.3 billion materials science division into a separate, publicly traded company called Covestro in which it retained about a 70% interest. 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

448-501: A variety of product lines including Alka-Seltzer , Flintstones vitamins and One-A-Day vitamins, and Cutter insect repellent . Along with the purchase of Cutter, Bayer acquired Cutter's Factor VIII business. Factor VIII, a clotting agent used to treat hemophilia , was produced, at the time, by processing donated blood. In the early days of the AIDS epidemic , people with hemophilia were found to have higher rates of AIDS, and by 1983

512-534: Is a German multinational pharmaceutical and biotechnology company and is one of the largest pharmaceutical companies and biomedical companies in the world. Headquartered in Leverkusen , Bayer's areas of business include: pharmaceuticals, consumer healthcare products, agricultural chemicals , seeds and biotechnology products. The company is a component of the EURO STOXX 50 stock market index. Bayer

576-426: Is an example of a General Medicine business unit. Bayer Pharma produces the birth control pills Yaz and Yasmin . Both pills use a newer type of progestin hormone called drospirenone in combination with estrogen. Yaz is advertised as a treatment for premenstrual dysphoric disorder (PMDD) and moderate acne. Other key products include the cancer drug Nexavar , the multiple sclerosis drug betaferon / betaseron and

640-691: Is located in St. Louis , Missouri , United States . Bayer CropScience Limited is the Indian subsidiary of Bayer AG. It is listed on the Indian stock exchanges ; the Bombay Stock Exchange and National Stock Exchange of India , and has a market capitalization of $ 2 billion. Bayer BioScience, headquartered in Hyderabad, India , has about 400 employees, and has research, production, and an extensive sales network spread across India . Before

704-476: The Bundesstraße 6 federal highway runs to the neighbouring town of Bad Harzburg . An early medieval lowland castle , located at the confluence of the Abzucht and the Oker , was first mentioned as Sudburg in a 1064 deed issued by King Henry IV of Germany . Probably affiliated with the nearby royal palace of Werla , it lent its name to the adjacent Sudmerberg hill. Today, only the foundations remain of

SECTION 10

#1732781046399

768-544: The Bundesstraße 6 ( Cuxhaven – Görlitz ) runs past Oker to the north. For the development of postal services in Oker see: Wolfenbüttel-Harzburg post route . There are three kindergartens, two primary schools , a secondary modern and a middle school in Oker. Bayer Bayer AG ( English: / ˈ b aɪ . ər / , commonly pronounced / ˈ b eɪ ər / ; German: [ˈbaɪɐ] )

832-538: The Commonwealth of Independent States countries such as Russia , Ukraine , Kazakhstan , Belarus , and others. On 28 August 2008, an explosion occurred at the Bayer CropScience facility at Institute, West Virginia , United States . A runaway reaction ruptured a tank and the resulting explosion killed two employees. The ruptured tank was close to a methyl isocyanate tank which was undamaged by

896-685: The IG Farben Trial like Fritz ter Meer . Bayer played a key role in the Wirtschaftswunder in post-war West Germany , quickly regaining its position as one of the world's largest chemical and pharmaceutical corporations. In 2016, Bayer merged with the American multinational Monsanto in what was the biggest acquisition by a German company to date. However, owing to the massive financial and reputational blows caused by ongoing litigation concerning Monsanto's herbicide Roundup ,

960-470: The United States between 2013 and 2016. A Bayer spokesperson said that the largest investments will be made to expand the production of its herbicide Liberty. Liberty is an alternative to Monsanto's product, Roundup , which are both used to kill weeds. In 2016, as part of the wholesale corporate restructuring, Bayer CropScience became one of the three major divisions of Bayer AG, reporting directly to

1024-655: The Vienenburg–Goslar railway line (and nearer to the Harz range), and Unteroker (Lower Oker) north of it. Founded in 1527 by the Wolfenbüttel duke Henry V of Brunswick-Lüneburg as a smelting site for the processing of ore from the Rammelsberg mines, Oker for centuries was a centre of smelting technology in the Harz region. The Oker lead and copper works ( Bleihütte Oker ) operated from 1527 to 1970; lead

1088-693: The 2016 restructuring, Bayer HealthCare comprised a further four subdivisions: Bayer Schering Pharma, Bayer Consumer Care, Bayer Animal Health and Bayer Medical Care. As part of the corporate restructuring, Animal Health was moved into its own business unit, leaving the division with the following categories; Allergy, Analgesics, Cardiovascular Risk Prevention, Cough & Cold, Dermatology, Foot Care, Gastrointestinals, Nutritionals and Sun Care. Bayer Consumer Care manages Bayer's OTC medicines portfolio. Key products include analgesics such as Bayer Aspirin and Aleve , food supplements Redoxon and Berocca , and skincare products Bepanthen and Bepanthol. Women's healthcare

1152-678: The Bayer group within IG Farben conducted medical experiments on inmates at Auschwitz and at the Mauthausen concentration camp . In one study of an anaesthetic, the company paid RM 170 per person for the use of 150 female inmates of Auschwitz. A Bayer employee wrote to Rudolf Höss , the Auschwitz commandant: "The transport of 150 women arrived in good condition. However, we were unable to obtain conclusive results because they died during

1216-573: The Belgian biotech company Plant Genetic Systems became part of Bayer through the Aventis acquisition. 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 2006, the U.S. Department of Agriculture announced that Bayer CropScience's LibertyLink genetically modified rice had contaminated the U.S. rice supply. Shortly after

1280-807: The CDC had identified contaminated blood products as a source of infection. According to the New York Times , this was "one of the worst drug-related medical disasters in history". Companies, including Bayer, developed new ways to treat donated blood with heat to decontaminate it, and these new products were introduced early in 1984. In 1997, Bayer and the other three makers of such blood products agreed to pay $ 660 million to settle cases on behalf of more than 6,000 hemophiliacs infected in United States. But in 2003, documents emerged showing that Cutter had continued to sell unheated blood products in markets outside

1344-483: The Holocaust , including using slave labour from concentration camps and humans for dangerous medical testing, and production of Zyklon B , a chemical used in gas chambers . In 1951, IG Farben was split into its constituent companies, and Bayer was reincorporated as Farbenfabriken Bayer AG. After the war, Bayer re-hired several former Nazis to high-level positions, including convicted Nazi war criminals found guilty at

SECTION 20

#1732781046399

1408-862: The Nobel committee had awarded the 1935 Nobel Peace Prize to a German pacifist, Carl von Ossietzky . IG Farben , Bayer's parent company, used slave labour in factories it built in Nazi concentration camps , most notably in the Monowitz concentration camp (known as Auschwitz III), part of the Auschwitz camp complex in German-occupied Poland. By 1943, almost half of IG Farben's 330,000-strong workforce consisted of slave labour or conscripts, including 30,000 Auschwitz prisoners. Helmuth Vetter , an Auschwitz camp physician, SS captain and employee of

1472-520: The Oker parish; there is also the Roman-Catholic church of St. Konrad (part of the parish of St. Jacobus d.Ä. in Goslar) and a Turkish Muslim parish (Oberoker). The hiking trail network around Oker is well developed, with paths leading to popular destinations such as Romkerhall on the Oker river, and the tors of Treppenstein , Mausefall and Kästeklippen above the Oker valley. In

1536-736: The Radiology Business Unit which markets contrast-enhanced diagnostic imaging equipment together with the necessary contrast agents. In addition to internal R&D, Bayer has participated in public–private partnerships . One example in the area of non-clinical safety assessment is the InnoMed PredTox program. Another is the Innovative Medicines Initiative of EFPIA and the European Commission . Bayer Chemicals AG (with

1600-524: The U.S. and Canadian trademark rights to "Bayer" and the Bayer cross, as well as the ownership of the Aspirin trademark in Canada. In 2004, Bayer HealthCare acquired the over-the-counter pharmaceutical division of Roche . In March 2008, Bayer HealthCare announced an agreement to acquire the portfolio and OTC division of privately owned Sagmel, Inc., a US-based company that markets OTC medications in most of

1664-565: 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. Bayer said it did this because some countries were doubtful about the efficacy of the new product. Bayer has been involved in other controversies regarding its drug products. In

1728-472: The United States alone for prevention of cardiovascular events. It is on the WHO Model List of Essential Medicines , the most important medications needed in a basic health system . There is an unresolved controversy over the roles played by Bayer scientists in the development of aspirin. Arthur Eichengrün , a Bayer chemist, said he was the first to discover an aspirin formulation that did not have

1792-471: The United States, Canada and several other countries. In the United States and Canada, Bayer's assets and trademarks, including the well-known Bayer cross, were acquired by Sterling Drug , a predecessor of Sterling Winthrop and were not reclaimed until 1994. Throughout the war, Bayer was involved in production and development of various chemical weapons. In 1914, Bayer manufactured dianisidine chlorosulfate for use in 105 mm artillery shell, intended as

1856-660: The United States, France and the United Kingdom after the confiscation of Bayer's US assets and trademarks during World War I by the United States, and because of the subsequent widespread usage of the word. The term aspirin continued to be used in the US , UK and France for all brands of the drug, but it is still a registered trademark of Bayer in over 80 countries, including Canada, Mexico, Germany and Switzerland . As of 2011, approximately 40,000 tons of aspirin were produced each year and 10–20 billion tablets consumed in

1920-508: The acquisition bid, seeking a higher price. In September 2016, Monsanto agreed to a $ 66 billion offer by Bayer. In order to receive regulatory approval, Bayer agreed to divest a significant amount of its current agricultural assets to BASF in a series of deals. On 21 March 2018 the deal was approved by the European Union, and it was approved in the United States on 20 May 2018. The sale closed on 7 June 2018. The Monsanto brand

1984-803: 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. Covestro shares were first offered on the Frankfurt Stock Exchange in October 2015. 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. In May 2016, Bayer offered to buy U.S. biotechnology company Monsanto for $ 62 billion. Shortly after Bayer's offer, Monsanto rejected

Sudmerberg - Misplaced Pages Continue

2048-514: The blood-clotting drug, Kogenate . In May 2014, it was announced that Bayer would buy Merck & Co 's consumer health care unit for $ 14.2 billion. Bayer also controls Dihon Pharmaceutical Group Co., Ltd in China. The Pharmaceuticals Division focuses on prescription products, especially for women's healthcare and cardiology , and also on specialty therapeutics in the areas of oncology , hematology and ophthalmology . The division also comprises

2112-574: The company's most important products. The headquarters and most production facilities moved from Barmen to a larger area in Elberfeld in 1866. Friedrich Bayer (1851–1920), the son of the company's founder, was a chemist and joined the company in 1873. After the death of his father in 1880, the company became a joint-stock company, Farbenfabriken vorm. Friedr. Bayer & Co, also known as Elberfelder Farbenfabriken. A further expansion in Elberfeld

2176-519: The deal is considered one of the worst corporate mergers in history. Bayer owns the Bundesliga football club Bayer 04 Leverkusen . Bayer AG was founded as a dyestuffs factory in 1863 in Barmen (later part of Wuppertal ), Germany, by Friedrich Bayer and his partner, Johann Friedrich Weskott, a master dyer. Bayer was responsible for the commercial tasks. Fuchsine and aniline became

2240-576: The deal is considered one of the worst corporate mergers in history. By 2023, Bayer's market value had declined by over 60% since its 2016 merger, leaving the company's overall worth at less than half of what it paid to acquire Monsanto. In 2003, to separate operational and strategic managements, Bayer AG was reorganized into a holding company . The group's core businesses were transformed into limited companies, each controlled by Bayer AG . These companies were: Bayer CropScience AG; Bayer HealthCare AG; Bayer MaterialScience AG and Bayer Chemicals AG, and

2304-501: The discovery of phenobarbital in 1911 and the discovery of its potent anti-epileptic activity in 1912. Phenobarbital was among the most widely used drugs for the treatment of epilepsy through the 1970s, and as of 2014 it remains on the World Health Organization's list of essential medications. During World War I (1914–1918), Bayer's assets, including the rights to its name and trademarks, were confiscated in

2368-483: The drug to have "too complicated a name" so Bayer settled on heroisch, the German word for heroic. In 1903, Bayer licensed the patent for the hypnotic drug diethylbarbituric acid from its inventors Emil Fischer and Joseph von Mering. It was marketed under the trade name Veronal as a sleep aid beginning in 1904. Systematic investigations of the effect of structural changes on potency and duration of action at Bayer led to

2432-473: The experiments. We would kindly request that you send us another group of women to the same number and at the same price." After the war, the Allied Control Council seized IG Farben for "knowingly and prominently ... building up and maintaining German war potential". It was split into its six constituent companies in 1951, then split again into three: BASF, Bayer and Hoechst. Bayer

2496-513: The explosion. In March 2006, Merck KGaA announced a €14.6 billion bid for Schering AG , founded in 1851. By 2006, Schering had annual gross revenue of around €5 billion and employed about 26,000 people in 140 subsidiaries worldwide. Bayer responded with a white knight bid and in July acquired the majority of shares of Schering for €14.6 billion, and in 2007, Bayer took over Schering AG and formed Bayer Schering Pharma. The acquisition of Schering

2560-579: The first commercially available antibacterial drug. The discovery and development of this first sulfonamide drug opened a new era in medicine. Domagk won the Nobel Prize in Physiology or Medicine in 1939 "for the discovery of the antibacterial effects of prontosil". He was forced by the Nazi Party to relinquish the reward; German citizens had been forbidden from accepting Nobel prizes since

2624-424: The first neuroleptic ( chlorpromazine ) onto the German market. In the 1960s, Bayer introduced a pregnancy test, Primodos , that consisted of two pills that contained norethisterone (as acetate) and ethinylestradiol . It detected pregnancy by inducing menstruation in women who were not pregnant; the presence or absence of menstrual bleeding was then used to determine whether the user was pregnant. The test became

Sudmerberg - Misplaced Pages Continue

2688-590: The fortress which fell into ruins in the 14th century. In April 1935, Goslar's town council issued a development plan for the Sudmerberg settlement, mainly for employees of the nearby Rammelsberg ore mine ( Preussag ) and the Oker ironworks. As early as December 1936, the first settlers moved into their new houses, further dwellings were occupied the next year. Though construction works ceased during World War II , from 1948 onwards numerous refugee families found homes in Sudmerberg. In expectation of an increase in

2752-478: The four core units, as depicted below. Bayer CropScience has products in crop protection (i.e. pesticides ), nonagricultural pest control, and seeds and plant biotechnology . In addition to conventional agrochemical business, it is involved in genetic engineering of food . In 2002, Bayer AG acquired Aventis (now part of Sanofi ) CropScience and fused it with their own agrochemicals division (Bayer Pflanzenschutz or "Crop Protection") to form Bayer CropScience;

2816-518: The head of the division, Liam Condon. Under the terms of the merger, Bayer promised to maintain Monsanto's more than 9,000 U.S. jobs and add 3,000 new U.S. high-tech positions. The prospective merger parties said at the time the combined agriculture business planned to spend $ 16 billion on research and development over the next six years and at least $ 8 billion on research and development in the United States. The global headquarters of Bayer CropScience

2880-437: The late 1990s it introduced a statin drug, Baycol ( cerivastatin ), but after 52 deaths were attributed to it, Bayer discontinued it in 2001. The side effect was rhabdomyolysis , causing kidney failure , which occurred with a tenfold greater frequency in patients treated with Baycol in comparison to those prescribed alternate medications of the statin class. Trasylol ( aprotinin ), used to control bleeding during major surgery,

2944-508: The permanent population, Sudmerberg Primary School was built, opening in 1950. Until about 1960 there was an open-cast mine on the Sudmerberg hill in a small sandstone quarry. The Fanfarenzug Goslar Sudmerberg , now Powerbrass Goslar , was founded in 1965. Oker (Goslar) Oker is a borough ( Stadtteil ) of Goslar in Lower Saxony , Germany . Since 1952 a mining town in its own right within Wolfenbüttel district, it

3008-518: The public learned of the contamination, the E.U. banned imports of U.S. long-grain rice and the futures price plunged. In April 2010, a Lonoke County, Arkansas jury awarded a dozen farmers $ 48 million. The case was appealed to the Arkansas Supreme Court, which affirmed the judgement. On 1 July 2011, Bayer CropScience agreed to a global settlement for up to $ 750 million. In September 2014, the firm announced plans to invest $ 1 billion in

3072-553: The subject of controversy when it was blamed for birth defects , and it was withdrawn from the market in the mid-1970s. Litigation in the 1980s ended inconclusively. A review of the matter by the Medicines and Healthcare products Regulatory Agency in 2014 assessed the studies performed to date and found the evidence for adverse effects to be inconclusive. In 1978, Bayer purchased Miles Laboratories and its subsidiaries Miles Canada and Cutter Laboratories , acquiring along with them

3136-411: The three service limited companies Bayer Technology Services GmbH , Bayer Business Services GmbH and Bayer Industry Services GmbH & Co. OHG. In 2016, the company began a second restructuring with the aim of allowing it to transition to a life sciences based company. By divesting its Chemicals division in 2004 and with the aim of off-loading its Materials division by mid-2016, Bayer will be left with

3200-509: The unpleasant side effects of nausea and gastric pain . He also said he had invented the name aspirin and was the first person to use the new formulation to test its safety and efficacy. Bayer contends that aspirin was discovered by Felix Hoffmann to help his father, who had arthritis . Various sources support the conflicting claims. Most mainstream historians attribute the invention of aspirin to Hoffmann and/or Eichengrün. Heroin (diacetylmorphine), now illegal as an addictive drug,

3264-849: The village itself there are 2 sports halls, sports pitches and tennis courts and an open-air swimming pool. The largest sports club is VfL Oker, which is especially renowned for its pan-regional table tennis team. The 1st Men's team plays in the Oberliga West and the 1st Women's team in the Regionalliga Nord. Oker station lies on the railway lines running from Hanover via Hildesheim to Bad Harzburg ( Oker–Bad Harzburg railway , KBS 320) and from Brunswick via Goslar /Bad Harzburg to Kreiensen ( Vienenburg–Goslar railway , KBS 353/354), with hourly and two-hourly services. Bus routes link Oker with Goslar and Bad Harzburg. The Bundesstraße 498 (Goslar– Osterode am Harz ) runs through Oker and

SECTION 50

#1732781046399

3328-495: The world's largest chemical and pharmaceutical company. The first sulfonamide and the first systemically active antibacterial drug, forerunner of antibiotics , Prontosil , was developed by a research team led by Gerhard Domagk in 1932 or 1933 at the Bayer Laboratories. Following World War II , the Allied Control Council seized IG Farben's assets because of its role in the Nazi war effort and involvement in

3392-679: Was at that point known as Farbenfabriken Bayer AG ; it changed its name to Bayer AG in 1972. After the war, some employees of Bayer appeared in the IG Farben Trial, one of the Nuremberg Subsequent Tribunals under US jurisdiction. Among them was Fritz ter Meer , who helped to plan the Monowitz camp (Auschwitz III) and IG Farben's Buna Werke factory at Auschwitz, where medical experimentation had been conducted and where 25,000 forced laborers were deployed. Ter Meer

3456-431: Was discontinued; its products are now marketed under the Bayer name. On 16 September 2019, under the approval of National Company Law Tribunal, Bayer completed the merger of Monsanto India. Bayer's Monsanto acquisition is the biggest acquisition by a German company to date. However, owing to ongoing litigation concerning the Monsanto's herbicide Roundup and the massive financial and reputational blows it has caused Bayer,

3520-472: Was founded in 1863 in Barmen as a partnership between dye salesman Friedrich Bayer (1825–1880) and dyer Friedrich Weskott (1821–1876). The company was established as a dyestuffs producer, but the versatility of aniline chemistry led Bayer to expand its business into other areas. In 1899, Bayer launched the compound acetylsalicylic acid under the trademarked name Aspirin . Aspirin is on the World Health Organization's List of Essential Medicines . In 2021, it

3584-408: Was impossible, so the company moved to the village Wiesdorf at Rhein and settled in the area of the alizarin producer Leverkus and Sons . A new city, Leverkusen , was founded there in 1930 and became home to Bayer AG's headquarters. The company's corporate logo, the Bayer cross, was introduced in 1904, consisting of the word BAYER written vertically and horizontally, sharing the Y and enclosed in

3648-565: Was incorporated into the Goslar municipality on 1 July 1972. The settlement is situated on the northern edge of the Harz mountain range. The river Oker gives its name to the location, where the stream together with its Abzucht tributary leads out of the Oker valley between the Hahnenberg and Adenberg mountains in the south and the Sudmerberg hill in the north. Oker is divided into two unofficial districts: Oberoker (Upper Oker) south of

3712-455: Was introduced as a non-addictive substitute for morphine , and trademarked and marketed by Bayer from 1898 to 1910 as a cough suppressant and over-the-counter treatment for other common ailments, including pneumonia and tuberculosis . While Bayer scientists were not the first to make heroin, the company did lead the way in commercializing it. Heroin was a Bayer trademark until after World War I. Bayer's director of pharmacology did not want

3776-610: Was melted from secondary raw materials by a successor company until 2001. Together with the neighbouring zinc oxide works ( Zinkoxydhütte Oker ) and the zinc works in Harlingerode , it was gradually taken over by the Preussag conglomerate (present-day TUI) from 1923. On 1 April 1819 an agency of the Brunswick Postal Service was opened on the old mail route from Wolfenbüttel to Harzburg (Neustadt). It

3840-657: Was moved to the railway station on the opening of the Vienenburg–Goslar railway on 23 March 1866. Today Oker is home to chemical-metallurgical, recycling and specialised industrial concerns, like Harz-Metall and Norzinco. The largest employer in Oker and the district of Goslar is a factory belonging to H.C. Starck company, a former daughter of Bayer sold to Advent International and The Carlyle Group in 2007. The two Evangelical-Lutheran parishes of St. Paul (Unteroker) and Martin Luther (Oberoker) merged in October 2005 into

3904-412: Was sentenced to seven years, but was released in 1950. Despite being a convicted nazi war criminal , Ter Meer was elected as chairman of Bayer AG's supervisory board in 1956, a position he retained until 1964. 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 . In 1953, Bayer brought

SECTION 60

#1732781046399

3968-528: Was the 34th most commonly prescribed medication in the United States, with more than 17   million prescriptions. In 1904, Bayer received a trademark for the "Bayer Cross" logo, which was subsequently stamped onto each aspirin tablet, creating an iconic product that is still sold by Bayer. Other commonly known products initially commercialized by Bayer include heroin , phenobarbital , polyurethanes , and polycarbonates . In 1925, Bayer merged with five other German companies to form IG Farben , creating

4032-720: Was the largest take-over in Bayer's history, and as of 2015, was one of the ten biggest pharma mergers of all time. In November 2010, Bayer AG signed an agreement to buy Auckland-based animal health company Bomac Group. Bayer partnered on the development of the radiotherapeutic Xofigo with Algeta, and in 2014, moved to acquire the company for about $ 2.9 billion. 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. Bayer would attain second place globally in nonprescription drugs. In June 2015, Bayer agreed to sell its diabetic care business to Panasonic Healthcare Holdings for

4096-731: Was withdrawn from the market worldwide in 2007 when reports of increased mortality emerged; it was later re-introduced in Europe but not in the US. In 2014, pharmaceutical products contributed €12.05 billion of Bayer's €40.15 billion in gross revenue. In 2019, identified "key growth" products were Xarelto ( rivaroxaban ), Eylea ( aflibercept ), Stivarga ( regorafenib ), Xofigo ( radium-223 ), and Adempas (riociguat). Top-selling products as of 2014 included: Bayer produces various fungicides, herbicides, insecticides, and some crop varieties. In 1994, Bayer AG purchased Sterling Winthrop's over-the-counter (OTC) drug business from SmithKline Beecham and merged it with Miles Laboratories, thereby reclaiming

#398601