Bayer

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This German pharmaceutical and chemical company was founded in 1863, and perhaps more noticeably is known for inventing the aspirin drug in 1897. It is now one of the leading innovative crop science companies in the areas of crop protection, non-agricultural pest control, seeds and plant biotechnology. It is also involved in the genetic engineering of food. The Belgian biotech company Plant Genetic Systems became part of the company by the acquisition of Aventis CropScience.

Bayer discovered the drug Heroin, which was originally sold as a remedy for a common cough. The name Aspirin was originally a trademarked name that could only be used by Bayer; however, because of the confiscation of Bayer’s US assets and Trademarks during WWI, it lost the status in the US, France and the UK. In countries, such as Canada, Mexico, Germany and Switzerland, it is still a registered trademark of Bayer.
The business operations are now organised into three subgroups; Healthcare (research, development and manufacture of health products for people and animals), Crop Science (crop protection and non-agricultural pest control) and Material Science (provides polymers, develops solutions for a range of applications).
It operates through a number of subsidiaries and affiliated companies, and has joint ventures in Europe, Latin America, Africa, Middle East, North America, as well as the Asia/Pacific region.
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