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Bayer
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Bayer

German company founded in 1863, with core businesses in pharmaceuticals, crop science, and materials science. The company restructured in 2005, divesting its chemical interests to concentrate on pharmaceuticals. In 2006 Bayer reported total sales of almost 29 billion euros, and had 106,000 employees.

The company was founded by industrialist Friedrich Bayer (1825–1880), initially to manufacture dyestuffs, but during World War I it was the principal supplier of poison gas and explosives to the German Army. It was reconstituted after World War II. It was a chemist employed by Bayer, C Witthauer, who developed and patented aspirin 1899.



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