Bayer in the context of "Barmen"

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⭐ Core Definition: Bayer

Bayer AG (English: /ˈb.ər/, commonly pronounced /ˈbər/; German: [ˈbaɪɐ] ) is a German multinational pharmaceutical and biotechnology company and is one of the largest pharmaceutical companies and biomedical companies in the world. Headquartered in Leverkusen, Bayer's areas of business include pharmaceuticals, consumer healthcare products, agricultural chemicals, seeds and biotechnology products. The company is a component of the EURO STOXX 50 stock market index.

Bayer was founded in 1863 in Barmen as a partnership between dye salesman Friedrich Bayer (1825–1880) and dyer Johann Friedrich Weskott (1821–1876). The company was established as a dyestuffs producer, but the versatility of aniline chemistry led Bayer to expand its business into other areas. In 1899, Bayer launched the compound acetylsalicylic acid under the trademarked name Aspirin. Aspirin is on the World Health Organization's List of Essential Medicines. In 2021, it was the 34th most commonly prescribed medication in the United States, with more than 17 million prescriptions.

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Bayer in the context of Leverkusen

Leverkusen (German: [ˈleːvɐˌkuːzn̩] ) is a city in North Rhine-Westphalia, Germany, on the eastern bank of the Rhine. To the south, Leverkusen borders the city of Cologne, and to the north the state capital, Düsseldorf. The city is part of the Rhine-Ruhr Metropolitan Region, one of Europe's largest urban areas.

With about 163,000 inhabitants, Leverkusen is one of the state's smaller cities. The city is known for the pharmaceutical company Bayer and its sports club Bayer Leverkusen.

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Bayer in the context of Over-the-counter drug

Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a requirement for a prescription from a healthcare professional, as opposed to prescription drugs, which may be supplied only to consumers possessing a valid prescription. In many countries, OTC drugs are selected by a regulatory agency to ensure that they contain ingredients that are safe and effective when used without a physician's care. OTC drugs are usually regulated according to their active pharmaceutical ingredient (API) and strengths of final products.

The term over-the-counter (OTC) refers to a medication that can be purchased without a medical prescription. In contrast, prescription drugs require a prescription from a doctor or other health care professional and should only be used by the prescribed individual. Some drugs may be legally classified as over-the-counter (i.e. no prescription is required), but may only be dispensed by a pharmacist after an assessment of the patient's needs or the provision of patient education. Regulations detailing the establishments where drugs may be sold, who is authorized to dispense them, and whether a prescription is required vary considerably from country to country.

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Bayer in the context of Bayer 04 Leverkusen

Bayer 04 Leverkusen, officially known as Bayer 04 Leverkusen Fußball GmbH (German: [ˌbaɪ̯ɐ ˈleːvɐˌkuːzn̩]) and commonly known as Bayer Leverkusen or simply Leverkusen, is a German professional football club based in Leverkusen, North Rhine-Westphalia. It competes in the Bundesliga, the top tier of German football, and plays its home matches at the BayArena.

Founded in 1904 by employees of the paint factory, today better known as a pharmaceutical company Bayer (whose headquarters are in Leverkusen and from which the club draws its name), the club was formerly a department of TSV Bayer 04 Leverkusen sports club whose members participate in athletics, gymnastics, basketball, field and handball. In 1999, the football department was separated from the sports club. Bayer Leverkusen's main colours are red and black, which feature across their playing kits and badge, and their main rival is 1. FC Köln, while the fans have a deep friendship with the supporters of Kickers Offenbach for almost 50 years.

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Bayer in the context of Polybutadiene

Polybutadiene [butadiene rubber, BR] is a synthetic rubber. It offers high elasticity, high resistance to wear, good strength even without fillers, and excellent abrasion resistance when filled and vulcanized. "Polybutadiene" is a collective name for homopolymers formed from the polymerization of the monomer 1,3-butadiene. The IUPAC refers to polybutadiene as "poly(buta-1,3-diene)". Historically, an early generation of synthetic polybutadiene rubber produced in Germany by Bayer using sodium as a catalyst was known as "Buna rubber". Polybutadiene is typically crosslinked with sulphur, however, it has also been shown that it can be UV cured when bis-benzophenone additives are incorporated into the formulation.

Polybutadiene rubber (BR) accounted for about 28% of total global consumption of synthetic rubbers in 2020, whereas styrene-butadiene rubber (SBR) was by far the most important grade (S-SBR 12%, E-SBR 27% of the entire synthetic rubber market). It is mainly used in the manufacture of tires, which consumes about 70% of the production. Another 25% is used as an additive to improve the toughness (impact resistance) of plastics such as polystyrene and acrylonitrile butadiene styrene (ABS). Polybutadiene is also used to manufacture golf balls, various elastic objects and to coat or encapsulate electronic assemblies, offering high electrical resistivity.

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Bayer in the context of AGFA

Agfa-Gevaert N.V. (Agfa) is a Belgian-German multinational corporation that develops, manufactures, and distributes analogue and digital imaging products, software, and systems.

The company began as a dye manufacturer in 1867. In 1925, the company merged with several other German chemical companies to become chemicals giant IG Farben. AGFA was reconstituted (as a subsidiary of Bayer) from the remnants of IG Farben in 1952.

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Bayer in the context of IG Farben

I. G. Farbenindustrie AG, commonly known as IG Farben, was a German chemical and pharmaceutical conglomerate. It was formed on December 2, 1925 from a merger of six chemical companies: Agfa, BASF, Bayer, Griesheim-Elektron, Hoechst, and Weiler-ter-Meer. It was seized by the Allies after World War II and split into its constituent companies; parts in East Germany were nationalized.

IG Farben was once the largest company in Europe and the largest chemical and pharmaceutical company in the world. IG Farben scientists made fundamental contributions to all areas of chemistry and the pharmaceutical industry. Otto Bayer discovered the polyaddition for the synthesis of polyurethane in 1937, and three company scientists became Nobel laureates: Carl Bosch and Friedrich Bergius in 1931 "for their contributions to the invention and development of chemical high pressure methods", and Gerhard Domagk in 1939 "for the discovery of the antibacterial effects of prontosil".

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Bayer in the context of Store brand

A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with other businesses' brands. A private-label brand is almost always offered exclusively by the firm that owns it. However, in rare instances, the brand is licensed to another company. The term often describes products, but can also encompass services.

The most common definition of a private label product is one that is outsourced: company A makes a product for company B, which company B then offers under their brand name. However, it can also define products made in retailer-owned firms. For example, in 2018, The Kroger Company had 60% of its private brands produced by third parties; the remaining 40% was manufactured internally by plants owned by Kroger. Private-label producers are usually anonymous, sometimes by contract. In other cases, they are allowed to mention their role publicly.

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Bayer in the context of GlaxoSmithKline

GSK plc (an abbreviation of its former name GlaxoSmithKline plc) is a British multinational pharmaceutical and biotechnology company. It was established in 2000 by a merger of Glaxo Wellcome and SmithKline Beecham, which was itself a merger of a number of pharmaceutical companies around the Smith, Kline & French firm. It is headquartered in London, England.

GSK is the tenth-largest pharmaceutical company and No. 294 on the 2022 Fortune Global 500, ranked behind other pharmaceutical companies China Resources, Sinopharm, Johnson & Johnson, Pfizer, Roche, AbbVie, Novartis, Bayer, and Merck Sharp & Dohme.

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