Bayer Ends Longest Winning Streak Since 1999 as IPIC Denies Takeover Talk Nov 18, 2009
Nov. 18 (Bloomberg) -- Bayer AG ended its longest winning streak since 1999 in Frankfurt trading after International Petroleum Investment Co. denied a report the German drugs and chemicals maker is an acquisition target. Bayer declined as much as 2. (Bloomberg -- Germany)
Bayer, Novartis, Sanofi-Aventis Rated `Buy' in New Deutsche Bank Coverage Nov 16, 2009
Nov. 16 (Bloomberg) -- Bayer AG, Germanys largest drugmaker, Novartis AG and Sanofi-Aventis SA were rated buy in new coverage at Deutsche Bank AG, which said each of which has the potential for material forecast upgrades. . (Bloomberg -- Germany)
Special Section: Diversity & Inclusiveness Oct 19, 2009
Additional commentary is provided by area leaders in education and business: Ralph Bangs, associate director of the Center on Race and Social Problems, University of Pittsburgh, Larry E. Davis, dean of the School of Social Work and director of Center on Race and Social Problems, University of Pittsburgh, and Greg Babe, president and CEO of Bayer Corp., the U.S. subsidiary of German-based chemicals and pharmaceuticals giant Bayer AG. It is headquartered in Robinson. The Pittsburgh region's... (Pittsburgh Post-Gazette, PA)
European Stocks, U.S. Futures Gain as Government Bonds Fall; Dollar Rises Oct 13, 2009
The index has rebounded 55 percent since March 9 as companies from Bayer AG to Philips reported earnings that beat analysts estimates and the recessions in Germany and France ended. the worlds largest steelmaker, advanced 2. (Bloomberg -- Canada)
* European stocks post best weekly gain since July Oct 11, 2009
The measure has rebounded 54 percent since March 9 as companies worldwide from Goldman Sachs Group Inc to Bayer AG and LOreal SA reported better-than-projected earnings and the French and German economies exited recessions. The Bank of England (BOE) and the European Central Bank (ECB) kept their benchmark interest rates at record lows on Thursday, one year after the Federal Reserve, ECB, BOE and central banks in Canada, Sweden and Switzerland made unprecedented coordinated rate cuts aimed at... (Taipei Times, Taiwan -- World)
* Government hopes conference will spur investment Oct 8, 2009
com Ltd (), Audi AG, Bayer AG, Corning Inc, DHL Worldwide Express and Siemens AG, with initial investment figures totaling US$200 million. This story has been viewed 314 times. (Taipei Times, Taiwan -- World)
Mistras Group to offer 8.7 million shares, raising up to $139 million, at IPO Thursday Oct 8, 2009
Its customers include American Electric Power Inc., Bayer AG, Bechtel Corp., General Electric Co., Boeing Co. and Valero Energy Corp. and various federal, state and local agencies. Competitors are GE Inspection Technologies, a division of General Electric Co., and Team Inc., Sweet said. (FOX61, CT)
Roche's Avastin Misses Goal in Skin Cancer Study Sep 24, 2009
News of the failed study contrasts with positive studies presented earlier of rival products Nexavar, made by Bayer AG (BAY), and Erbitux, sold in Europe by Merck KGgA (MRK.XE). "This is having a negative impact on sentiment, but won't change the outlook for Avastin sales," said Karl-Heinz Koch, analyst in Zurich with broker Helvea. (SmartMoney)
Bayer persuaded to stay here Sep 17, 2009
The local plant, a division of the German pharmaceutical giant Bayer AG, let city officials know around June that the corporate parent was in the process of deciding whether to retool the Berkeley facility with a new manufacturing process or outsource future production. Berkeley Mayor Tom Bates said city officials realized that if the local plant didn't get the upgrade, its days were numbered, and figured that the best way make the site more competitive was to create an enterprise zone in the... (San Francisco Chronicle -- Business)
Bayer names Dekkers as next CEO Sep 16, 2009
BERLIN German chemical and pharmaceutical company Bayer AG announced Tuesday that it has tapped Marijn Dekkers to take over as its chief executive in October 2010. Dekkers, who has both Dutch and U.S. citizenship, is currently the head of Waltham, Massachussets-based laboratory equipment maker Thermo Fisher Scientific Inc. Bayer's supervisory board appointed the 51-year-old to replace current CEO Werner Wenning on Oct. 1 next year, the company said. (Yahoo News -- Pharmaceutical Industry News)
Thermo Fisher chief set to leave Sep 16, 2009
Dekkers will join Bayer AG; Casper elevated to CEO ... Marijn E. Dekkers, who created the world s largest supplier of laboratory equipment with the merger of and Fisher Scientific, is moving on to become chief executive of German conglomerate Bayer AG, the company said yesterday. (Boston Globe)
German Investor Sentiment May Rise to Three-Year High as Economy Rebounds Sep 15, 2009
The has rebounded 52 percent from its March trough and reached the highest level in almost a year last week as companies worldwide from Goldman Sachs Group Inc to Bayer AG posted better-than-projected earnings. The third quarter looks like its going to be a cracker, said , an economist at ING Groep in Brussels, who forecasts Europes largest economy will expand 1. (Bloomberg -- Germany)
Coon Rapids firm takes day off for charity Sep 12, 2009
Medrad is a unit of Bayer AG, based in Leverkusen, Germany. Most Read Stories. (Twin Cities Business Journal, MN)
* European stocks advance on signs of global recovery Aug 30, 2009
The STOXX 600 has rallied 50 percent since March 9 as companies worldwide from Goldman Sachs Group Inc to Bayer AG and LOreal report better-than-projected earnings and investors speculate government measures and interest-rate cuts will help to pull the global economy out of a recession. National benchmark indexes increased in all 18 western European markets. (Taipei Times, Taiwan -- Business)
DAX Snaps Two Days of Losses; BASF, Beiersdorf, Steelmakers Lead Advance Aug 29, 2009
The measure has rallied 51 percent since March 6 as companies worldwide from Goldman Sachs Group Inc. to Bayer AG posted better- than-projected earnings and economic data signaled improvement. The broader HDAX Index also advanced 0. (Bloomberg -- Germany)
Benchmark DAX Index Fluctuates; Deutsche Post Shares Advance as K+S Falls Aug 27, 2009
German Stocks Fluctuate as Deutsche Post Rises, K+S Declines - Bloomberg. Updated: New York, Aug 27 04:10 London, Aug 27 09:10 Tokyo, Aug 27 17:10. (Bloomberg -- Germany)
DAX Climbs Most in a Month, Capping Weekly Gain, as Volkswagen, E.ON Gain Aug 22, 2009
The measure has rallied 49 percent since March 6 as companies worldwide from Goldman Sachs Group Inc. to Bayer AG reported better-than-projected earnings and investors speculated government measures and interest-rate cuts will pull the economy out of recession. The broader rose 2. (Bloomberg -- Germany)
Bayer CropScience to buy RTP neighbor Athenix Aug 20, 2009
Germany-based Bayer CropScience has more than 18,000 employees worldwide and last quarter to the top line of its parent, Germany pharmaceutical and chemical colossus Bayer AG (NYSE: BA). Reporter e-mail: jdrew@bizjournals. (Triangle Business Journal)
New data from 10-year global flea monitoring program confirms imidacloprid remains highly effective Aug 14, 2009
Bayer HealthCare, a subsidiary of Bayer AG, is one of the world's leading innovative companies in the health care and medical products industry. The company combines the activities of the Animal Health, Consumer Care, Diabetes Care, and Pharmaceuticals divisions. (EurekAlert!)
DAX Index Gains for Second Day as Economy Grows; Financial Shares Advance Aug 13, 2009
The measure has rallied 47 percent since March 6 as companies worldwide from Goldman Sachs Group Inc. to Apple Inc. and Bayer AG reported better-than-estimated earnings and economic data indicated a global improvement. The broader gained 0. (Bloomberg -- Germany)
Lanxess Raises Savings Target to $508 Million to Counter Effects of Slump Aug 12, 2009
Measures to be taken include idling factories and cutting shifts and compensation, the company, which was spun off from Bayer AG in 2005, said. Cost cutting helped profit beat analysts estimates and Lanxess today predicted earnings in the current period will hold steady against the second quarter. (Bloomberg -- Germany)
First Genetic Test for Side Effects May Revive Failed Novartis Pain Pill Aug 3, 2009
Prexige caused fewer stomach ulcers in arthritis patients than naproxen, sold by Bayer AG as Aleve, or ibuprofen in a 2004 clinical study published in the medical journal The Lancet. In the same trial, Prexige caused elevated liver enzymes in four times as many patients as naproxen. (Bloomberg -- Europe)
DAX Index Falls After U.S. Consumption, Led by Deutsche Bank, K+S, Siemens Aug 1, 2009
The measure has still rallied 11 percent in July after companies worldwide from Goldman Sachs Group Inc. to Apple Inc. and Bayer AG reported better-than-projected. The broader decreased 0. (Bloomberg -- Germany)
DAX Gains, Led by Bayer on Better-Than-Forecast Earnings; Steelmakers Drop Jul 29, 2009
July 29 (Bloomberg) -- rose for a second day this week as better-than-estimated earnings from Bayer AG overshadowed a decline in steelmakers. The benchmark added 0. (Bloomberg -- Germany)
J&J profit falls but beats forecasts Jul 15, 2009
Jartnered with Germany's Bayer AG () on Xarelto, a potential blockbuster. Global sales of consumer products, including J s Aveeno skin care line, fell 4. (Yahoo News -- Pharmaceutical Industry News)
Drug Settlements May Be Illegal, Justice Department Says in Bayer Lawsuit Jul 7, 2009
The case is Arkansas Carpenters Health and Welfare Fund v. Bayer AG, 05-2852, U.S. Court of Appeals for the Second Circuit (New York. . (Bloomberg -- Germany)
Experts Urge Stronger Limits for Some Pain Drugs Jul 2, 2009
Other makers of acetaminophen, or products that contain it, include Bayer AG, GlaxoSmithKline, Novartis, Perrigo Co, Procter e, Schering-Plough and Wyeth. Consumer Healthcare Products Association President Linda Suydam had urged the panel to support an educational campaign. (MEDLINEplus)
FDA weighs options to reduce painkiller overdoses Jun 30, 2009
Top-sellers in that market include Bayer AG s aspirin and Wyeth s Advil. In response, executives from Wyeth scheduled a series of media briefings last week, arguing that there is no evidence that reduced use of acetaminophen would cause more negative side effects with their drug. (Atlanta Journal-Constitution -- Health)
DAX Index Fluctuates; SAP, Deutsche Bank Gain as Bayer, Deutsche Post Drop Jun 24, 2009
June 24 (Bloomberg) -- German stocks swung between gains and losses as better-than-estimated earnings from Oracle Corp. lifted SAP AG shares, offsetting declines in Bayer AG and Deutsche Post AG.. The benchmark added 0. (Bloomberg -- Germany)
DAX Index Advances, Led Higher by Steelmakers, Deutsche Boerse, Bayer May 29, 2009
Bayer AG advanced for the first time in three days. The benchmark added 1. (Bloomberg -- Germany)
Groundbreaking proposals unveiled for the inclusion of climate change data in annual reports May 26, 2009
Dr. Wolfgang Groe Entrup, Head of Environment inability, Bayer AG said: "CDSB's draft framework launched today plays an important role in substantiating climate change reporting. It will be instrumental in enhancing the calibre and comparability of disclosures within corporations' reporting.". The release of CDSB's draft framework at the World Business Summit on Climate Change supports the Copenhagen Climate Council's* mission "to articulate a strong, coherent and ambitious mandateon behalf of... (EurekAlert!)
Onyx Sues Bayer Over Anti-Cancer Compound May 18, 2009
NEW YORK (Reuters) - Onyx Pharmaceuticals Inc said on Sunday it sued Bayer AG over its rights to an anti-cancer compound that it says it discovered during joint research with the German drugmaker. Onyx's lawsuit, filed in the U.S. District Court for the Northern District of California, seeks a declaration that fluoro-sorafenib is a jointly owned collaboration compound under an agreement between the two companies. (ABC News -- Wire)
Launch of the 2009 National Clean Air Green Tour May 12, 2009
" While consumers are expressing and interest in using 'green' household products, many of them currently believe they will have to sacrifice quality and pay more for these products. The Scott Naturals products address this concern by offering solutions that deliver value along with environmental benefits. "Consumers shouldn't have to sacrifice quality or pay more to feel good about helping the environment," said Erik Seidel, Scott Brand director. For practical environmental ideas go to . The... (Yahoo News -- Press Releases)
Bayer's Wenning Focuses on Reducing Debt, Not Takeovers, Handelsblatt Says May 4, 2009
May 4 (Bloomberg) -- Bayer AG isn't interested in large takeovers as it focuses on its goal to reduce debt toward 10 billion euros ($13. 3 billion) from about 14 billion euros by the end of this year, Handelsblatt said, citing an interview with Chief Executive Officer Werner Wenning. (Bloomberg -- Germany)
Bayer and Regeneron Extend Development Program for VEGF Trap-Eye to Include Central Retinal Vein Occlusion Apr 30, 2009
Bayer HealthCare Pharmaceuticals Inc. is the U.S.-based pharmaceuticals operation of Bayer HealthCare, an affiliate of Bayer AG. One of the world's leading, innovative companies in the healthcare and medical products industry, Bayer HealthCare combines the global activities of the Animal Health, Consumer Care, Diabetes Care, and Pharmaceuticals divisions. In the United States, Bayer HealthCare Pharmaceuticals comprises the following business units: Women's Healthcare, Diagnostic Imaging, General... (PR Newswire)
Bayer 1Q net profit down 44% Apr 29, 2009
FRANKFURT (AP) - German pharmaceutical and chemical company Bayer AG said Wednesday that its first-quarter net profit fell 44 percent as the global economic crisis cut sharply into demand. The Leverkusen-based company said net profit for the January-March period was down to euro425 million ($561 million) from euro762 million a year earlier. (The Star Online, Malaysia -- Business)
German Stocks Advance, Led by Siemens, Munich Re, Daimler; SAP Declines Apr 29, 2009
German Stocks Advance, Led by Siemens, Munich Re; SAP Declines - Bloomberg. Updated: New York, Apr 29 03:52 London, Apr 29 08:52 Tokyo, Apr 29 16:52. (Bloomberg -- Germany)
Vitamin K May Boost Effects of Cancer Pill Nexavar Apr 28, 2009
They said combining vitamin K with the cancer pill Nexavar or sorafenib sold by Onyx Pharmaceuticals Inc and German drugmaker Bayer AG helped it kill liver and pancreatic cancer in human cell cultures. "K vitamins ... appear to enhance the effects of sorafenib, thus requiring lower, less-toxic doses," Dr. Brian Carr of Thomas Jefferson University in Philadelphia said in a statement. (MEDLINEplus)
Ben-Gurion University of the Negev signs collaborative contract with Bayer CropScience Apr 9, 2009
Bayer CropScience AG, a subsidiary of Bayer AG with annual sales of about EUR 6. 4 billion (2008), is one of the world's leading innovative crop science companies in the areas of crop protection, non-agricultural pest control, seeds and plant biotechnology. (EurekAlert! -- Business News)
Genzyme acquires rights to Campath Apr 1, 2009
Genzyme acquired Campath when it bought Ilex Oncology Inc. of San Antonio in 2004, but shares marketing and distribution rights with Bayer HealthCare, a subsidiary of Bayer AG of Germany. In addition, Genzyme is buying two established cancer drugs from Bayer, Fludara and Leukine. (Boston Globe)
MEDRAD revenue up 10 percent in 2008 Mar 27, 2009
The Warrendale-based medical devices firm, which was acquired in 2006 by Germany-based Bayer AG, has sustained 10 percent or higher growth for more than a decade, according to a news release from the company. In April 2008, MEDRAD completed its acquisition of , a Minneapolis-based manufacturer of cardiovascular and vascular medical devices, for about $361 million. (Pittsburgh Business Times, PA)
Biz groups join push for Colo. bioscience Mar 22, 2009
Other groups behind We Work for Health are the Adams County Economic Development, Alliance of Health Disparities, Arvada Economic Development Association, Aurora Economic Development Council, Bayer AG, Boulder Economic Council, Broomfield Economic Development Corp., Colorado BioScience Association, Colorado Cross-Disability Coalition, Colorado Professional Firefighters, Colorado Springs Regional Economic Development Corp., Colorado State University, Fitzsimons Redevelopment Authority, Forest... (Denver Business Journal, CO)
Benchmark DAX Index Climbs to One-Month High; Bayer, Utilities Increase Mar 21, 2009
March 20 (Bloomberg) -- German stocks rose for a second week, sending the DAX Index to a one-month high, as gains in Bayer AG and utilities outweighed analyst downgrades of Deutsche Post AG, Deutsche Telekom AG and. surged 11 percent today after the company cleared a regulatory hurdle in the U.S. on a new anti-clotting pill. (Bloomberg -- Germany)
Bayer Advances on U.S. Panel Backing for New Anti-Clotting Drug With J&J Mar 21, 2009
March 20 (Bloomberg) -- Bayer AG climbed the most in five months in Frankfurt trading after the German drugmaker and partner Johnson & Johnson won a U.S. panels backing to introduce the first new anti-clotting pill in 55 years. Bayer gained 3. (Bloomberg -- Germany)
LANXESS reports 4Q loss Mar 19, 2009
LANXESS, whose North American headquarters are based in Findlay Township, was spun out from Bayer AG in 2005. Reader Comments. (Pittsburgh Business Times, PA)
European markets fall Mar 7, 2009
8% this week as companies from Danisco A/S to Bayer AG gave disappointing forecasts, China quelled speculation the government will add to its stimulus plan and HSBC Holdings Plc, Europe's biggest bank, announced the largest rights offer by a British company. Italy tumbles. (Sydney Morning Herald -- Business)
DAX Index Declines, Led Lower by Shares of Bayer, BASF, Deutsche Telekom Mar 5, 2009
Declines in the DAX were led by Bayer Ag, Basf Se and Deutsche Telekom Ag. About 4. (Bloomberg -- Germany)
* World Business Quick Take Mar 4, 2009
German drug and chemical maker Bayer AG reported yesterday a 58 percent jump in fourth quarter net profit despite difficult market conditions, and said it expected further growth at some divisions this year. The Leverkusen-based company said net profit increased 58 percent in the October through December period, to 106 million euros (US$135 million) from 67 million euros in the year earlier quarter. (Taipei Times, Taiwan -- World Business)
Bayer net income up 58% in 4Q Mar 4, 2009
Leverkusen-based Bayer AG reported net income of about $132 million dollars, up from roughly $84 million one year ago. Sales dipped 1. (Pittsburgh Business Times, PA)
Bayer reports 4th quarter profit and cloudy outlook Mar 4, 2009
Bayer AG CEO Werner Wenning at the annual balance news conference on Tuesday. The drug and chemical maker reported a 58 percent jump in fourth quarter net profit despite difficult market conditions, and said it expected further growth at its health care and crop science divisions in 2009. (International Herald Tribune -- Business)
European Stocks, U.S. Futures Gain as BHP Rises; Most Asian Shares Retreat Mar 3, 2009
Bayer AG fell for a ninth straight day, losing 2. 9 percent to 35. (Bloomberg -- Europe)
Bank of Canada sets interest rate, Tuesday Mar 1, 2009
Globe and Mail Update. February 27, 2009 at 4:21 PM EST. (Globe and Mail -- Business)
Help Your Pet, Get to the Vet Campaign Foots the Bill, So Pets Don't Pay the Price Feb 16, 2009
Bayer HealthCare, a subsidiary of Bayer AG, is one of the world's leading, innovative companies in the healthcare and medical products industry and is based in Leverkusen, Germany. The company combines global activities of the Animal Health, Consumer Care, Diabetes Care and Pharmaceuticals divisions. (PR Newswire)
Lanxess Says Purchases Have Taken `Back Seat' as Company Focuses on Cash Feb 14, 2009
Leverkusen-based Lanxess has spent more than $500 million on acquisitions since its spinoff from Bayer AG in 2004 and Chief Executive Officer had said on Sept. 17 he planned to add to the tally. Its the right strategy as takeovers are seen negatively at the moment, , a Dusseldorf-based analyst at HSBC Holdings Plc said by telephone. (Bloomberg -- Germany)
MS Drug Prize Worth $1.3 Billion Spurs Race Between Merck KGaA, Novartis Feb 14, 2009
Rebif vies with two other so-called beta interferons, Betaseron by Bayer AG and Biogens Avonex, and with a fourth injected therapy, Copaxone from Sanofi and Teva. Interferons generally cut patients rate of flare-ups by about 25 to 30 percent, Scannell of Bernstein said. (Bloomberg)
No. 14/15 Bulldogs Head to Stockton for DH Feb 13, 2009
Bayer CropScience AG, a subsidiary of Bayer AG is one of the world's leading innovative crop science companies in the areas of crop protection, non-agricultural pest control, seeds and plant biotechnology. This year's tournament includes BYU, Providence, Northern Illinois and Cal along with the host Bulldogs. (Gobulldogs.com)
West Australia May Allow GM Canola Production After Trials, Premier Says Feb 11, 2009
An easing of state bans on GM canola paves the way for and Bayer AG to expand seed sales. The bulk of local farmers are supportive, Barnett said. (Bloomberg -- Australia & New Zealand)
Bayer settles claims with Illinois, other states over Yaz Feb 10, 2009
German pharmaceuticals giant Bayer AG is changing the way it advertises its Yaz contraceptive as part of an agreement with Illinois and 26 other states, Attorney General Lisa Madigan said Monday. The U.S. sent Bayer a warning last year over two television advertisements for Yaz. (Bizjournals.com)
