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Bayer Spend On Start-Ups Growing By Leaps And Bounds

Ramps Up Investment Cashpile

 
• By Kevin Grogan

The German group is putting another €1.3bn into its Leaps by Bayer investment arm until the end of 2024 to support new companies that are "shifting core paradigms in the sectors of health and agriculture."

Bayer cross
• Source: Bayer

Bayer AG's corporate venture arm has invested more than €1.3bn since 2015 and intends to match that sum from now through 2024 to support biotechs developing innovative technologies in healthcare.

At the German major's first 'breakthrough innovation forum' on 1 April, outlining the company's long-term plans in pharma and agriculture,...

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