Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. In line with its mission, “Health for all, Hunger for none,” the company’s products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population.
Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. In fiscal 2023, the Group employed around 100,000 people and had sales of 47.6 billion euros. R&D expenses before special items amounted to 5.8 billion euros.
Company in the news
Bayer reported substantial losses and reduced revenue in its agrochemicals sector, further complicated by asset writedowns and a decline in sales of key products.
Bayer’s share prices have plummeted to a 20-year low following these announcements
Crop Science division shows mixed results; net income still negative.
Controversial measure could impact nationwide pesticide regulations, critics warn.
Former Bayer executive to spearhead global commercial strategies for the sustainable agriculture firm.
Via a new partnership, Bayer secures exclusive rights to market an innovative biological insecticide, with the launch planned for 2028.
Bayer said its GenAI system, which was trained on vast amounts of agronomic data, will assist farmers and agronomists around the world.
The judged ruled that the EPA broke the law when it reauthorized the products’ use in 2020.
New partnership targets agricultural resilience amid climate challenges.
Bayer’s shares fell by 5% on Monday after it was ordered to pay $2.25bn to a Roundup user who developed cancer.
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Europe is falling behind in this field. The concerns 30 years ago was reasonable. Now not so much. We need crops that can survive in a more extreme future climate. Handle droughts and hot weather better. Crops that are less tasty to pests like hogs and deere.
Gene-edited crops set for groundbreaking European trials
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