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Pharma giants see room for greater tech innovation By LIU ZHIHUA | China Daily | Updated: 2021-03-17 09:10 Share Logo of Bayer Group is pictured outside a plant. [Photo provided to China Daily] China s recently-concluded two sessions have provided a new direction to the development of foreign companies in the country, top executives of leading multinational pharmaceutical companies said. The executives said they are particularly buoyed by the nation s sharpened focus on deeper reforms, wider opening-up, strengthened scientific and technological innovation and the expansion of domestic demand. According to the outline for the 14th Five-Year Plan (2021-25) for economic and social development and long-range objectives through the year 2035, which was passed at the fourth session of the 13th National People s Congress, advancing reform and opening up, pursuing innovation-driven development, creating a r ....
Self-care products help Bayer weather storm of pandemic last year chinadaily.com.cn | Updated: 2021-02-26 15:00 Share Logo of Bayer Group is pictured outside a plant. [Photo provided to China Daily] Bayer Group, a German life sciences company, announced its sales amounted to 41.4 billion euros ($50.34 billion) in 2020 at the company s financial news conference on Thursday in Leverkusen. Adjusted for currency and portfolio effects, the sales were level year-on-year (plus 0.6 percent), according to the group. Despite the pandemic, Bayer delivered robust operational performance in 2020. In the agricultural business (Crop Science), Bayer increased sales by 1.3 percent to 18.84 billion euros. Their businesses in the Latin America and Asia-Pacific regions contributed to the increase. Sales growth was particularly strong at Fungicides and Environmental Science, with these businesses expanding in all regions, according ....