Bayer, Lanxess Spin-Off Ratio Is Set
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Investors in Germany's Bayer will get one share in chemicals and polymers spin-off Lanxess for every 10 Bayer shares held, a German newspaper said, valuing Lanxess at nearly 1.6 billion euros ($1.97 billion). ...
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German drug and chemical company Bayer AG said Tuesday that net profit remained flat in the second quarter due to one-time charges, but operating earnings rose 44 percent in the quarter.
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Robinson-based Bayer Corp., the US division of Germany&#39;s Bayer AG, yesterday became the first company to settle charges with the US Justice Department for its
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A drug being developed by Bayer AG and Onyx Pharmaceuticals Inc. shrank tumors in some liver cancer patients and temporarily stabilized the
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German chemicals and pharmaceutcials giant Bayer said Wednesday that it planned to axe 950 jobs in Berlin following its acquisition of drug-maker Schering, which is based in the German capital.
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It began in July: Mylan Laboratories (nyse: MYL - news - people ) announced it would bid $4 billion in stock for King Pharmaceuticals (nyse: KG - news - people ). Investors were less than unanimously thrilled
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German drugs and chemicals group  Bayer  unveiled a revamp at its agrochemicals unit  after strong healthcare earnings helped the company post a 14  percent rise in second-quarter operating profit on Tuesday.
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German chemicals and pharmaceuticals giant Bayer said it had acquired the marketing rights for GlaxoSmithKline's erectile dysfunction treatment Levitra in a number of countries outside the US for 208 million euros (272 million dollars).
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German drugs and chemicals group Bayer  said it planned to sell unit H.C. Starck to a consortium formed by Advent International and the Carlyle Group for 700 million euros ($908 million) plus debt.
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Schering-Plough and Bayer have announced an agreement under which New Jersey-based Schering will attain US marketing rights to Bayer HealthCareâs primary care pharmaceutical products, including the antibiotics Avelox (moxifloxacin HCL) and Cipro
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An experimental thrombosis pill from   Bayer AG BAYG.DE, seen by analysts as the German group's most   important pipeline asset, has produced promising results in two   clinical trials, researchers said on Tuesday.
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German drugs and chemicals group   Bayer BAYG.DE has received bids for its H.C. Starck chemicals   unit that are well above 1 billion euros ($1.3 billion),   industry sources told Reuters on Wednesday.
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Shareholders of German drug maker Bayer AG approved plans Wednesday to spin off chemicals and polymers business Lanxess, clearing the way for its listing on the stock market early next year.
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A drug being developed by Bayer AG and Onyx Pharmaceuticals shrank tumors in 9 percent of liver cancer patients in a mid-stage clinical trial, the companies said on Wednesday.
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Consolidation in Europe's drugs   sector gathered steam on Thursday as Germany's Merck unveiled a   $13.3-billion deal to buy Europe's top biotech firm Serono, and   Denmark's Nycomed won the drugs unit of Altana.
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BOSTON (CBS.MW) -- Pharmaceutical conglomerates Schering-Plough and Bayer have entered into a broad joint-marketing deal Monday for several of the companies&#39; leading drugs.
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Bayer, the German chemicals and pharmaceuticals giant, has said it planned to invest 1.8 billion dollars (1.4 billion euros) in its new site in Shanghai over the next three years.