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Bayer AG (Bayer Group)


Self Description

July 2004: "Bayer is represented by some 350 companies employing 115,400 people on all continents (as of December 31, 2003). The cornerstones of its business activities are in Europe, North America and the Far East....The headquarters of the Bayer Group is in Leverkusen, Germany. The town is located on the east bank of the River Rhine between the cities of Cologne and Düsseldorf. From Leverkusen, Bayer administers and coordinates its activities throughout the world. "

http://www.bayer.com/about_bayer/bayer_worldwide/page1152.htm

Third-Party Descriptions

May 2001: "...Parliament approved a motion today that opens the way for payment of $4.5 billion to laborers forced to work by the Nazis....Half the money is to be paid by more than 6,000 German companies. They include most of the big names, among them DaimlerChrysler, Bayer, Bertelsmann, Deutsche Bank, Hugo Boss, Mannesmann and Allianz."

http://www.nytimes.com/2001/05/31/world/31GERM.html

Relationships

RoleNameTypeLast Updated
Owner of (partial or full, past or present) Bayer CropScience Organization Aug 13, 2006
Owner of (partial or full, past or present) Bayer Schering Pharma Organization Jan 15, 2008
Organization Executive (past or present) Helge H. Wehmeier Person Sep 7, 2006

Articles and Resources

Date Fairness.com Resource Read it at:
Oct 01, 2009 Bayer Labels’ Cancer-Fighting Claim Draws Suit

QUOTE: A nonprofit group in Washington has filed a lawsuit against Bayer Healthcare charging that the company’s labels and commercials falsely claimed its One A Day multivitamins for men may reduce the risk of prostate cancer.

New York Times
Jul 26, 2009 Lawmakers Seek to Curb Drug Commercials

QUOTE: For some legislators and consumer advocates, the [drug] ads are a daily reminder of a health care system run amok. Critics contend that drug ads are intended to prompt people to diagnose themselves with chronic quality-of-life problems like insomnia or restless leg syndrome; lead people to pressure their doctors for prescriptions for expensive brand-name drugs to treat these conditions; and steer people away from cheaper generic pills.

New York Times
Jul 14, 2009 Can Corporate Funding Save Endangered College Classes?

QUOTE: Could the next step in saving American education be Introduction to Nutrition, Sponsored by McDonald's or PricewaterhouseCoopers' Financial Accounting 101?

Time Magazine
Sep 20, 2006 A Quiet Break for Corporations: Tariff Suspensions, Often Initiated by Companies Based Overseas, Keep Millions of Dollars From Flowing to the Treasury Each Year

QUOTE: Each legislative season, corporate executives and lobbyists quietly draft hundreds of bills to suspend tariffs. Over time, the changes cost taxpayers hundreds of millions of dollars in lost revenue, a Washington Post analysis of U.S. trade data found. Most of the tariff suspensions involve obscure chemicals and dyes, but many other products show up...

Washington Post
Feb 01, 2005 Where the Naproxen Story Went Wrong: When NIH Halted a Major Study, Citing Risks From a Common Painkiller, the Media Played the News Big. That Was Just Part of the Problem

QUOTE: Medical research often becomes news. But sometimes the news is made to appear more definitive and dramatic than the research warrants....Raising doubts about the safety of a widely used drug like naproxen, also known as Aleve, is big health news.

Washington Post
Jun 25, 2004 Crestor's Withdrawal Urged: Cholesterol Drug Has Harmful Side Effects, Letter Alleges

QUOTE: The new cholesterol-lowering drug Crestor has more potentially harmful side effects than similar drugs and should be taken off the market...

Washington Post
Oct 26, 2001 Bayer Halves Price for Cipro, but Rivals Offer Drugs Free

QUOTE: while Bayer nearly halved its previous price, three big pharmaceutical companies have since stepped forward to offer large quantities of their antibiotics free if the Food and Drug Administration will approve their use for the treatment of anthrax.

New York Times
May 31, 2001 Last Chapter: Berlin to Pay Slave Workers Held By Nazis

QUOTE: After more than two years of often bitter negotiations, Parliament approved a motion today that opens the way for payment of $4.5 billion to laborers forced to work by the Nazis.

New York Times