A German multinational pharmaceutical and biotechnology company that originated the modern aspirin tablet and now operates in healthcare, agriculture, and consumer health.
Origins
Bayer was founded in 1863 by Friedrich Bayer and Johann Friedrich Weskott in Barmen, Germany, as a dye manufacturer. The company patented aspirin in 1899, which became one of the most widely used medicines in history.
Products
Bayer’s portfolio includes prescription drugs in cardiology, oncology, and women’s health, consumer health products like Aspirin, Aleve, Bepanthen, and Berocca, crop protection chemicals, and a leading seeds business after acquiring Monsanto in 2018.
Operations
Headquartered in Leverkusen, Germany. The acquisition of Monsanto in 2018 made Bayer the largest seed and pesticide company in the world.
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