Bayer Buys Rights for Marketing of Levitra
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Pharmaceutical company GlaxoSmithKline PLC said Monday that Bayer Healthcare AG has paid more than 200 million euros (&#36;260 million) for sole marketing rights outside the United States for the erectile dysfunction drug Levitra.
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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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Germany&#39;s Bayer has agreed to sell its blood products business to US investment firms Cerberus and Ampersand Ventures for about $590 million as it continues to narrow the focus of its health-care business.
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NEW YORK/FRANKFURT  - A drug being developed by  Bayer AG and Onyx Pharmaceuticals Inc. shrank tumors in some  liver cancer patients and temporarily stabilized the disease in  others in a small clinical trial, the companies said on  Wednesday.
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The Schering-Plough Corp. will market and distribute Bayer AG&#39;s primary care pharmaceutical products in the United States under an agreement announced Monday that could impact up to 1,800 jobs.
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To attract a younger customer, Bayer HealthCare is starting an online game today for Aleve Liquid Gels, a product that was introduced in March.
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Schering-Plough (SGP:NYSE - news - research) Monday announced a broad marketing agreement with Germany&#39;s Bayer (BAY:NYSE - news - research) that both companies said will lead to a more efficient use of their marketing and sales strengths.
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The pharmaceutical giant is selling its pain relievers and other consumer products.
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Perrigo Co., a maker of over-the-counter drugs and supplements for the store-brand market, said Monday that it agreed to buy Israeli generic drug giant Agis Industries Ltd.
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German chemical and drug maker Bayer AG announced Monday it has entered a strategic alliance with the Schering-Plough Corporation that will have the New Jersey-based company market and distribute Bayer&#39;s primary care pharmaceutical products in the United
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Johnson & Johnson  and a unit  of Pfizer Inc.  agreed to sell the U.S. rights to five  brands, including Balmex diaper rash treatment, to Chattem Inc.   for $410 million to satisfy regulatory requirements,  Chattem said on Friday.
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MIDLAND, Mich. and LEVERKUSEN, Germany, Dec. 18  /PRNewswire-FirstCall/ -- The Dow Chemical Company and the Bayer Group today announced that they have reached agreement for Dow to acquire Bayer's Wolff Walsrode business group, primarily involved in cellulose products.
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The drugmaker Bayer AG said Friday that it will cut 6,100 jobs, or 5.5 percent of its work force, as it integrates Schering AG into its health care unit. More than half of the cuts will be in Europe, but about 1,000 positions will be eliminated in the United States.
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German drugmaker Bayer AG on Wednesday announced plans to spin off chemicals and polymers business Lanxess at the beginning of next year, a move designed to help it focus on health care and other core ...
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The German pharmaceutical giant Bayer is no stranger to health and safety scares. Three years ago, it had to pull its cholesterol-lowering drug Baycol from the market and
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In an Aug. 31 story on Bayer AG's quarterly earnings, The Associated Press reported erroneously that the German drug and chemical company acquired U.S. group Lyondell Chemical.
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German drugmaker Bayer AG on Wednesday announced plans to spin off chemicals and polymers business Lanxess at the beginning of next year, a move designed to help it focus on health care and other core activities.