Pink Sheet is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

Bayer R&D, Production Job Cuts Finalize Restructuring

This article was originally published in The Pink Sheet Daily

Executive Summary

Company plans to eliminate 110 jobs at West Haven, Conn. facility and 440 in Germany, resulting in cost savings of over $170 mil. R&D projects in anti-infectives and urology could be out-licensed.

You may also be interested in...



Bayer Spring Investor Conference March 16 Will Stress 2004 Financial Upturn

Restructuring is seen as a key factor in Bayer's improved performance. Its U.S. oncology business and ex-U.S. Levitra promotion are among likely topics for updates at the investor meeting.

Bayer Spring Investor Conference March 16 Will Stress 2004 Financial Upturn

Restructuring is seen as a key factor in Bayer's improved performance. Its U.S. oncology business and ex-U.S. Levitra promotion are among likely topics for updates at the investor meeting.

Bayer To Retain Kogenate Line Following Plasma Unit Spin-Off

Company divests plasma products business to NPS BioTherapeutics under a $590 mil. agreement. Bayer will receive 10% equity in NPS, a new corporation formed by Cerebus Capital Management and Ampersand Ventures.

Topics

Latest Headlines
See All
UsernamePublicRestriction

Register

PS058425

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel