Bayer Back In M&A Mode To Boost Pipeline

Some 60 Projects Assessed

The head of the German group's pharma BD team tells Scrip that Bayer has created a system which allows it to move quickly when sealing partnerships, as seen with the KaNDy buy on 11 August.

Bayer Pharma AG, Administration and laboratory buildings of Bayer HealthCare Pharmaceuticals in Berlin-Wedding on June 14, 2017, Germany - Image
Bayer beefs up business development • Source: Scrip archive

Bayer AG has hit the acquisition trail again, having just agreed to buy the UK's KaNDy Therapeutics Ltd., and a number of other deals are in the pipeline following a revamp of its partnering activities.

Key to the revamp is Marianne De Backer, head of pharmaceuticals business development (BD) and licensing at Bayer, who joined the German group in September 2019 from Johnson & Johnson where she spearheaded BD activities across different therapeutic areas and geographies

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