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Bayer Corporation (also known as Bayer USA) is the American subsidiary of Bayer AG. Its main offices are located in Whippany, New Jersey . In addition it has 40 fully consolidated subsidiary companies [ 3 ] located in 19 different states.
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. [158] Women's healthcare is an example of a General Medicine business unit. Bayer Pharma produces the birth control pills Yaz and Yasmin.
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The Bayer-Monsanto merger is widely considered to be one of the worst mergers in history, mostly due to the exposure to Roundup litigation. [ 109 ] [ 14 ] [ 15 ] [ 16 ] 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.
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The first being a lack of adequate lab facilities for growth-stage startup companies, in the community and throughout the state of Illinois; secondly, the need for additional Research Park community spaces providing an environment for creative collisions between the companies, employees, and faculty.
Bayer responded with a white knight bid and in July acquired the majority of shares of Schering for €14.6bn, [13] and in 2007, Bayer took over Schering AG and formed Bayer Schering Pharma. The acquisition of Schering was the largest take-over in Bayer's history, [ 12 ] : 49–52 [ 14 ] and as of 2015 this was one of the ten biggest pharma ...
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