Pharma Veterans

Bayer Hierarchy Structure Shakeup – Asrar Qureshi’s Blog Post #943 Dear Colleagues! This is Asrar Qureshi’s Blog Post #943 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing your contributions here. Bayer CEO - Bill Anderson Brief History of Bayer Bayer is a German chemical and pharmaceutical company which was founded in 1863 by Friedrich Bayer, who was a chemical salesman, and Johann Friedrich, who owned a dye company. The company enjoyed rapid growth, and it was transformed into a joint stock company in 1881. Between 1881 and 1914, Bayer developed into a company with international operations. By 1913, over 80 percent revenues came from exports. Pharmaceutical department and more production sites were added. And then World War I started causing major disruption in exports. After WWI ended, German companies could not regain their previous markets and there...

Bayer’s Exit from Pakistan Market – Asrar Qureshi’s Blog Post #823 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #823 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. OBS Team Taking Keys of Bayer Plant Bayer Pharma OBS Pakistan Bayer, the German company doing business in Pharmaceutical, Chemical, and Agriculture market has sold its Pharma business to a local corporate and exited from Pakistan market. There is no word yet on the status of other businesses. Bayer is the latest in the list of MNCs leaving Pakistan. This scenario raises questions about the reasons and implications which I shall take up in another post. This post is dedicated to the way Bayer has left Pakistan market. I shall quote from several reports, references of wh...