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No Slowdown From Bayer On Business Development Front

Since 2015, Invested $1.7bn In Over 55 Start-ups

 
• By Kevin Grogan

“We're looking at opportunities almost on a weekly basis,” Bayer’s pharma chief Stefan Oelrich told Scrip as the German major posted a solid set of financials for the fourth quarter.

Leverkusen HQ
Company HQ in Leverkusen • Source: Bayer

Bayer AG's business development activities have been well above most of its industry peers for the past few years and pharma chief Stefan Oelrich has told Scrip that the German group's hunger for more deals is not sated.

Last year, the firm's Leaps by Bayer investment arm added seven groups to its portfolio and participated in a further 15 rounds of financing for already-established portfolio companies

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