Is Bayer Making A Mistake With Monsanto When Pharma Is Its Leading Business?

Second-quarter earnings results have raised questions about Bayer AG's long-term strategy, including over how long the company's pharma unit can continue to come out on top and drive the group based on the performance of just five "recently" marketed drugs.

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On the back of mixed second-quarter results it would seem Bayer AG needs to readdress its business priorities: perhaps to focus on further growth of its strong innovative Pharma unit through creative partnerships and in-house R&D investment, instead of conducting massive acquisitions in its failing CropScience and struggling Consumer Health units.

For yet another quarter Bayer's Pharma unit has driven profits and growth for the whole company, while its Consumer Health...

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