- Business
- Bayer AG Bayer Aktiengesellschaft (BAYN.DE) is a German multinational life sciences company that develops, manufactures and markets products in pharmaceuticals; consumer health, including non-prescription medicines, nutritional supplements, skincare, digestive health and self-care solutions; and crop science, encompassing crop protection products such as fungicides, herbicides and insecticides, seeds, traits and digital farming technologies. Pharmaceuticals focuses on prescription medicines in cardiology, oncology, hematology, women's health, ophthalmology and radiology, featuring key brands including Nubeqa (darolutamide), Kerendia (finerenone), Xarelto (rivaroxaban), Eylea (aflibercept), Adempas (riociguat) and the Mirena intrauterine device family; consumer health offers over-the-counter products like Aspirin, Aleve, Berocca and Rennie for pain relief, allergy, cough and cold, dermatology and cardiovascular risk prevention; while crop science provides solutions like Liberty herbicide, Nativo fungicides and Poncho seed treatments for cereals, fruits, vegetables and non-crop pest control. The company operates globally across North America, Europe, Africa, Middle East, Asia-Pacific and Latin America, with approximately 96,000 employees and 2024 sales of €46.6 billion. Founded in 1863 in Barmen, Germany, by Friedrich Bayer, it is headquartered in Leverkusen, Germany. Recent developments include the September 2025 agreement to divest anti-infective Avelox globally, closing expected in Q1 2026; the August 2025 partnership with Kumquat Biosciences worth up to $1.3 billion for a KRAS G12D inhibitor oncology candidate targeting pancreatic, colorectal and lung cancers; submission of registration applications in October 2025 for novel herbicide icafolin-methyl in four major markets with launch planned from 2028 and peak sales potential of €750 million; extension of microbial nitrogen fixation collaboration with Ginkgo Bioworks; major expansion of satellite imagery access via Planet partnership in February 2025 for agricultural digital innovation; Q3 2025 sales of €9.7 billion with growth in Crop Science vegetable seeds and Pharmaceuticals brands like Nubeqa and Kerendia; and upcoming Board changes with Dr. Judith Hartmann appointed CFO effective June 2026, succeeding Wolfgang Nickl.