bayer
Net income at German pharmaceutical and chemical giant Bayer declined to €2 billion ($2.16 billion) or €2.04 per share in the first quarter, down from €2.18 billion or €2.22 per share in the same quarter last year, the company reported on Tuesday. Bayer said core earnings per share from continuing operations for the first quarter decreased to €2.82 from last year's €2.95, mainly due to the decline in earnings at its Crop Science Division. Group sales were €13.77 billion in the first quarter of 2024, showing a decline of 0.6% on a currency- and portfolio-adjusted basis and a decline of 4.3% on ...
DPA Breaking News
An alliance of six civil society organizations concerned about certain products made by German chemical and pharmaceutical group Bayer have submitted a complaint to the Organization for Economic Co-operation and Development (OECD). The alliance on Thursday singled out Bayer's genetically modified seeds to help farmers grow crops, such as soybean, as well as the weedkiller glyphosate, the active ingredient in Roundup. It charged that Bayer promotes an agricultural model that leads to food insecurity, water scarcity, extreme deforestation, health hazards and land conflicts at the expense of indi...
DPA Breaking News
German pharmaceutical and agrochemical company Bayer is working on an alternative to the controversial weedkiller glyphosate. "We are already testing this new substance on real plants," boss Bill Anderson told the Frankfurter Allgemeine Sonntagszeitung. "Our goal is to launch the new product on the market in 2028, so in four years' time." Anderson called it the first ground-breaking innovation in the field for 30 years. Bayer brought the problems surrounding the glyphosate-based weedkiller Roundup into the company in 2018 with the takeover of Roundup's US parent company, Monsanto, which cost o...
DPA Breaking News
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