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Bayer AG (BAYN.MU)

Munich - Munich Delayed price. Currency in EUR
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26.45+0.59 (+2.26%)
As of 09:30AM CEST. Market open.
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  • Reuters

    Bayer's pharmaceutical unit plans more managerial cuts in Europe, Asia

    A top Bayer pharmaceutical executive said on Wednesday his group will continue slashing managerial jobs this year, planning cuts in Germany, Japan, the United Kingdom, Belgium and the Netherlands as part of the company's internal reorganization. The pharmaceutical unit has already cut around 40% of its managerial positions in the U.S. and has also implemented cuts in Canada, Mexico, Italy, Australia and the Nordic countries, Sebastian Guth, chief operating officer of Bayer Pharmaceuticals, said in an interview with Reuters. Guth would not say exactly how many jobs the company has cut in those countries, but noted that "40% is sort of the range that we tend to see - some are a little lower and some are a little higher."

  • Zacks

    Bayer's (BAYRY) AskBio Advances Parkinson Disease Study

    Bayer's (BAYRY) wholly owned and independently operating subsidiary AskBio started recruitment in the phase II study for Parkinson's disease.

  • Reuters

    Bayer looks to AI to combat herbicide resistance faster

    Bayer's crop science division is increasingly turning to artificial intelligence in its battle against crop killing weeds, the company told Reuters. Weeds are growing resistant to the herbicides already on the market, and agribusiness companies like Bayer are in a desperate search for new modes of action to help farmers kill them. Bayer's Icafolin product will be its first new mode of action herbicide in some 30 years when it launches in Brazil in 2028.