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File:Logo_Bayer.svg · Wikimedia Commons · See Wikimedia Commons

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Also known as Bayer AG, Bayer Research Laboratories

شرکت صنایع شیمیایی و داروسازی آلمانی

OverviewAI-generated

Bayer Aktiengesellschaft is a German company and funder established in 1863. The organization is headquartered in Leverkusen, Germany, and maintains an active legal status. It employs 122,600 people and reports total assets of 126,285,000,000. The company’s total revenue stands at 50,739,000,000, with total equity of 47,337,000,000.

Financial records indicate varying operating income figures, including 3,454,000,000, 4,162,000,000, -16,169,000,000, and 3,353,000,000. Corresponding net profit values include 1,695,000,000, 2,446,000,000, 4,091,000,000, and -10,495,000,000. The organization has a review score of 3.9/5.0 and 130,000 social media followers.

Synthesized by Vinony from 34 facts across 5 sources: Wikidata, Firecrawl, GLEIF, ROR, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.

Key facts

Company.name
Bayer AG
Company.logo
Logo Bayer.svg
Company.logo_size
160px
Company.image
Leverkusen Kaiser-Wilhelm-Allee 0004.jpg
Company.image_caption
Headquarters in Leverkusen
Company.type
Public
Company.founder
Friedrich Bayer
Company.location
Leverkusen, North Rhine-Westphalia, Germany
Company.area_served
Worldwide
Company.revenue
(2024)
Company.operating_income
€−71 million (2024)
Company.net_income
€−2.6 billion (2024)
Company.assets
€102 billion (2024)
Company.equity
€43.3 billion (2024)
Company.num_employees
92,815 (2024)

via Wikipedia infobox

Company

Jurisdiction
DE
Headquarters
Leverkusen, DE

via GLEIF

Research organization · ROR

Type
Company, Funder
Founded
1863
Location
Leverkusen, Germany
Status
Active

GRID grid.420044.6 · ISNI 0000 0004 0374 4101

Described at

History of Bayer A.G. – FundingUniverse

Explore the history, profile and timeline of Bayer A.G.

fundinguniverse.com →

Merger of the major German chemical companies results in the Interessen Gemeinschaft Farbenwerke, or I.G. Farben. Bayer purchases Chiron Diagnostics, becoming one of the world's largest diagnostic system suppliers, and initiates plans to spin-off its Agfa subsidiary. Bayer traces its history to the 1863 founding of a dyestuffs factory in Barmen, Germany, a region that later became part of the industrial city of Wuppertal on the Rhine river in West Germany. The factory was set up by Friedrich Bayer and Johan Friedrich Weskott, a master dyer. Only two years later, the men commenced global operations of sorts, acquiring a share in a U.S. coal tar dye factory and exporting the product. Subsequent expansion included a new factory in Moscow. By 1881, the growing company was being run by heirs of Bayer and Weskott, and they reorganized the concern as Farbenfabriken vorm. Friedr. Bayer & Co., a joint-stock company. A plant in northern France was established in 1883 and others throughout the homeland of Germany followed. In 1884, chemist Carl Duisberg joined the company; he would oversee a period of remarkable innovation at Bayer. Expanding beyond the development and manufacture of dyestuffs, the company established a pharmaceutical department in 1888. Although Bayer became a world leader in dyestuffs, its place in the history of early 20th-century chemistry was secured by its contributions to pharmacology. Specifically, at the turn of the century a Bayer chemist, Felix Hoffman, became the first to synthesize acetylsalicylic acid into a usable form. The result, aspirin, was patented in 1899 and went on to become the most popular pain reliever worldwide. Moreover, in 1908, the basic compound for sulfa drugs was synthesized in Bayer laboratories. The immediate application of the compound was a reddish orange dye, which was soon discovered to be effective against pneumonia, a major health hazard of the early 20th century. Despite the lives that could have been saved if the sulfa drug had been released throughout Europe immediately, Bayer held onto the formula. Frustrated French chemists were forced to duplicate the drug in their own laboratories in order to introduce it to the market. In 1912, Bayer moved its headquarters to Leverkusan, where they would remain into the 21st century. Bayer chemists regularly tested dye compounds for their effectiveness against bacteria. In 1921, they discovered a cure for African sleeping sickness, an infectious disease that had made parts of Africa uninhabitable. Aware of the political as well as pharmacological implications of its compound, Bayer offered the British the formula to the drug, known as Germanin, in exchange for African colonies. Britain declined the offer. Non-cooperation continued as during World War I Bayer deprived the Allies of drugs and anesthetics whenever possible. In 1925, Duisberg, who had become president of Bayer, organized a merger of the major German chemical companies into a single entity known as the Interessen Gemeinschaft Farbenwerke, or I.G. Farben. From their inception, the German chemical companies had been organized into a series of progressively more powerful trusts, but with I.G. Farben, the last vestiges of competition in the chemical industry were extinguished. Other industries, such as steel, were undergoing a similar process in Germany. In addition to setting quotas and pooling profits, I.G. Farben pursued political aims, working to prevent any possibility of a leftist uprising that would establish worker control over industry. In order to prevent such an uprising, I.G. Farben financed right-wing politicians and attempted to influence domestic policy in secret meetings with German leaders. The trust also exercised its influence abroad, with Bayer and other companies contributing an estimated ten million marks to Nazi Party associations in other countries. Money was also designated for propaganda. In 1938, Bayer forced a U.S. affiliate, Sterling Drug, to writ

Excerpt from a page describing this subject · 28,645 chars · not written by Vinony

Wikidata facts

Named after
Friedrich Bayer
Country
Germany
Located in
Leverkusen
Founded by
Friedrich Bayer
Headquarters
Leverkusen
Subsidiary
Agfa-Gevaert
Employees
92815
Revenue
27320000000
Location
Leverkusen
Image
Leverkusen, straatzicht Bayer - Science for a better life foto2 2015-04-18 12.10.jpg
Show 20 more facts
Commons category
Bayer
inception
1863-01-01
topic's main category
Category:Bayer
IPv6 routing prefix
2a02:2ad0:608::/48
total assets
31279000000
supervisory board member
Fritz ter Meer
described by source
Pax Leksikon
social media followers
130000
different from
Bayer
replaces
IG Farben
operating income
3357000000
net profit
2002000000
total equity
15006000000
native label
Bayer AG
name
Bayer
review score
3.9/5.0
catalog code
DEBYLT01DA
Sources (15)

via Wikidata · CC0

Gallery (22)