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Bayer rules out expensive acquisitions to focus on academia

 
• By Sita Shah

Bayer is adamant that it will avoid billion-dollar transactions in healthcare this year and has no interest in buying a generics business. Instead it will focus on developing external links with research institutions such as universities, says board chairman Werner Wenning.

Bayer is adamant that it will avoid billion-dollar transactions in healthcare this year and has no interest in buying a generics business. Instead it will focus on developing external links with research institutions such as universities, says board chairman Werner Wenning.

Mr Wenning told a press conference that the company would continue to analyse opportunities in both pharmaceuticals and consumer healthcare...

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