Bayer | Wikipedia audio article
Channel: wikipedia tts
Date: 02/10/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Bayer


00:02:43 1 Early history
00:02:53 1.1 Foundation
00:04:26 1.2 Aspirin
00:06:37 1.3 Heroin
00:07:18 1.4 Phenobarbital
00:08:15 1.5 World War I
00:09:20 2 IG Farben merger
00:09:31 2.1 Research
00:10:51 2.2 World War II and the Holocaust
00:13:35 3 Products
00:13:44 3.1 Overview
00:17:30 3.2 Top-selling pharmaceutical products
00:23:44 3.3 Agricultural
00:26:03 4 Acquisitions
00:26:13 4.1 Overview
00:27:37 4.2 Acquisition of Schering
00:28:34 4.3 Other acquisitions
00:29:43 4.4 Spin off of Covestro
00:30:58 4.5 Acquisition of Monsanto
00:32:34 4.6 Acquisition history
00:32:43 5 Corporate structure
00:33:46 5.1 Bayer Crop Science
00:36:25 5.2 Bayer Consumer Health
00:38:07 5.3 Bayer Pharmaceuticals
00:38:56 5.4 Bayer Animal Health
00:39:53 5.5 Bayer Business Services
00:41:03 5.6 Defunct business units
00:42:40 6 Finances
00:43:28 7 Bayer 04 Leverkusen
00:44:39 8 Awards and recognition
00:45:39 9 Litigation
00:45:48 9.1 Roundup
00:47:15 9.2 Xarelto
00:47:56 9.3 One A Day Vitamins
00:48:59 10 See also



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SUMMARY
=======
Bayer AG (; German: [ˈbaɪɐ]) is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen (where its illuminated corporate logo, the Bayer cross, is a landmark), Bayer's areas of business include human and veterinary pharmaceuticals; consumer healthcare products; agricultural chemicals, seeds and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index. Werner Baumann has been CEO since 2016.Founded in Barmen in 1863 as a dyestuffs factory, Bayer's first and best-known product was aspirin. In 1898 Bayer trademarked the name heroin for the drug diacetylmorphine and marketed it as a cough suppressant and non-addictive substitute for morphine until 1910. Bayer also introduced phenobarbital; prontosil, the first widely used antibiotic and the subject of the 1939 Nobel Prize in Medicine; the antibiotic Cipro (ciprofloxacin); and Yaz (drospirenone) birth control pills.
In 1925 Bayer was one of six chemical companies that merged to form IG Farben, the world's largest chemical and pharmaceutical company. The Allied Control Council seized IG Farben after World War II, because of its role in the Nazi war effort and involvement in the Holocaust, which included using slave labour from concentration camps. It was split into its six constituent companies in 1951, then split again into three: BASF, Bayer and Hoechst.Bayer played a key role in the Wirtschaftswunder in post-war West Germany, quickly regaining its position as one of the world's largest chemical and pharmaceutical corporations. In 2006 the company acquired Schering, in 2014 it acquired Merck & Co.'s consumer business, with brands such as Claritin, Coppertone and Dr. Scholl's, and in 2018 it acquired Monsanto, a leading producer of genetically engineered crops, for $63 billion. Bayer CropScience develops genetically modified crops and pesticides.
As a cost cutting measure in the mid 1980s, Bayer knowingly supplied hemophilia medication tainted with HIV to patients in Asia and Latin America, infecting thousands who later died of AIDS.