In the field of pharmaceuticals and life sciences, Bayer is a German

multinational corporation. In 1863, Friedrich Bayer and Friedrich

Weskott founded Bayer as a partnership in Barmen. Following the
Second World War, Bayer was a key player in the post-war
Wirtschaftswunder, quickly regaining its position among the world’s
largest chemical and pharmaceutical companies. An illuminated
version of the logo is a landmark in Leverkusen. The Bayer cross is
the company’s corporate logo. It is composed of the words BAYER
written vertically and horizontally, sharing the Y.
In 1853, chemist Charles Frederic Gerhardt described acetylsalicylic
acid as an important product of Bayer. Some of the products
manufactured by the company include plant varieties, fungicides,
herbicides, and insecticides. Bayer had gross revenue of €40.15
billion in 2014, of which pharmaceuticals contributed €12.05 billion.
Bayer was rated by Standard Ethics Aei for it to be included in the
Standard Ethics German Index in 2016. According to the rating
system, Bayer received an EE-credit rating, the fourth tier on an
eight-tier scale. Placed third in the Seed Access Index in 2016.

Quick Stats on Bayer

Founder Friedrich Bayer & Friedrich Weskott

Year Founded 1863

Origin Leverkusen, Germany

No. of Employees 99,814

Company Type Public

Market Cap € 52.06 Billion (2021)

Annual Revenue € 44 Billion (2020)

Net Income/ Profit € 10.5 Billion (2020)