Bayer is a Life Science company with a more than 150-year history and core competencies in the areas of health care and agriculture. With our innovative products, we are contributing to finding solutions to some of the major challenges of our time. The growing and increasingly aging world population requires improved medical care and an adequate supply of food. Bayer is improving people’s quality of life by preventing, alleviating and treating diseases. And we are helping to provide a reliable supply of high-quality food, feed and plant-based raw materials.
Following the economic and legal independence of our former MaterialScience subgroup, now Covestro*, Bayer has charted the course for its successful development as a Life Science company. Our Life Science businesses hold leading positions in innovation- driven growth markets. Together they make up a strong, attractive and balanced portfolio that is resistant to fluctuations in demand and to potential risks.
The previous structure – comprising a strategic management holding company and operational subgroups – has thus been replaced by an integrated organization under the umbrella of the strong Bayer brand. The company’s operations are managed in three divisions – Pharmaceuticals, Consumer Health and Crop Science – and the Animal Health business unit.
The business continues to be supported by the corporate functions, Bayer Business Services and the service company Currenta, while Technology Services is being integrated into Bayer AG, forming the Engineering and Technology function.
On December 31, 2015, the Bayer Group had 116,800 employees worldwide.