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Changes Brewing At Bayer, But Pharma Strategy Remains On Point

 
• By Jessica Merrill

Bayer AG is pursuing an acquisition of seed manufacturer Monsanto Co. that would establish agriculture as the largest business unit within the diversified life sciences company, usurping pharmaceuticals as the top revenue generator. Bayer Head of Innovation Kemal Malik said the company’s commitment to pharmaceuticals remains unwavering despite the M&A play.

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If Bayer executes on the acquisition of seed maker Monsanto, the company’s agriculture business will more than double, surpassing pharmaceuticals as the top revenue generator, but management said its commitment to pharma remains unchanged.

Bayer AG is pursuing an acquisition of seed manufacturer Monsanto Co. that would establish agriculture as the largest business unit within the diversified life sciences company, usurping pharmaceuticals...

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