Bayer

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Bayer

Bayer (pronounced: /ˈbaɪər/) is a multinational pharmaceutical and life sciences company. It is one of the largest pharmaceutical companies in the world, headquartered in Leverkusen, Germany.

Etymology

The name "Bayer" originates from the founder of the company, Friedrich Bayer, who established the firm in 1863.

History

Bayer was founded by Friedrich Bayer and Johann Friedrich Weskott in 1863. The company initially specialized in the manufacture of synthetic dyes. The company diversified its business into the pharmaceutical industry in the late 19th century. Bayer's first major product was Aspirin, which was introduced in the market in 1899.

Products

Bayer's product portfolio includes a wide range of products in the fields of health care, agriculture, and high-tech polymer materials. Some of the notable products of Bayer include Aspirin, Xarelto, Yasmin/Yaz, and Eylea.

Related Companies

Bayer has several subsidiaries and associated companies worldwide. Some of the notable ones include Bayer CropScience, Bayer HealthCare, Bayer MaterialScience, and Bayer Schering Pharma.

See Also

External links

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