page_title: Bayer
section_title: Bayer Pharmaceuticals
hierarchical_section_title: Bayer / Corporate structure / Bayer Pharmaceuticals
caption_attribution_description: Deutsch: Berlin-Wedding Fennstraße Scherig-Hochhaus
context_page_description: Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen, 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; and Yaz 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.
context_section_description: The Pharmaceuticals Division focuses on prescription products, especially for women's healthcare and cardiology, and also on specialty therapeutics in the areas of oncology, hematology and ophthalmology. The division also comprises the Radiology Business Unit which markets contrast-enhanced diagnostic imaging equipment together with the necessary contrast agents.
  In addition to internal R&D, Bayer has participated in public–private partnerships. One example in the area of non-clinical safety assessment is the InnoMed PredTox program. Another is the Innovative Medicines Initiative of EFPIA and the European Commission.
caption: Headquarters of Bayer Pharmaceuticals in Berlin-Wedding
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