Bayer sells generics businesses

Published: 17-May-2002
Media


Bayer Pharma France has sold its Bayer Classics generics business to Teva Pharmaceutical Industries, of Israel, for €97m (US$85m). The transaction, which includes the production site in Sens, is expected to be completed during the second quarter of 2002.

Barcelona-based Bayvit, the Spanish generics company company owned 50% each by Bayer Group and Vita Invest, has been acquired by STADA Arzneimittel, of Bad Vilbel in Germany. Bayvit is the second largest generics supplier in Spain with sales of €20m ($18m) last year. Its product range encompasses 27 generics.

The moves reflect Bayer's strategy to concentrate on innovative medicines.

See more

You may also like

Media

Cherwell to be renamed AnalytiChem UK

Read more
Cleanroom microbiology expert, Cherwell, to become AnalytiChem UK Ltd from 1 September 2025

Trending Articles

  1. Can Aztekin receives Rising Star Award 2025 from the International Society of Regenerative Biology
  2. Royal Society of Chemistry and TIB co-create next generation Open Access consortium model The agreement delivers shared goals of equity for institutions, a community approach and universal open access for authors
  3. BioIVT acquires Optivia Biotechnology The acquisition strengthens BioIVT’s transporter sciences capabilities and will enable it to partner with customers on new drug applications and mechanistic studies related to transporters
  4. The Lab Awards: from balances to the ball The Lab Awards, the leading awards ceremony for the UK’s laboratory industry, was held at The Vox, Birmingham, on 1 November and celebrated the lab industry’s key achievements from the past year
  5. Reaping the benefits of a continuous process Growing interest in continuous processing reflects expectations that technological innovation can benefit operations across the board, says Guy Tiene, That’s Nice Director of Strategic Content

Upcoming event

Enhancing probiotic stability through smarter formulation and packaging strategies

18 September 2025 | Virtual See all

You may also like

Media

Cherwell to be renamed AnalytiChem UK

Cleanroom microbiology expert, Cherwell, to become AnalytiChem UK Ltd from 1 September 2025
Media

4basebio's new branding reflects both growth and the development of advanced genetic therapies

Expanding capabilities in delivering scalable, high-quality synthetic DNA solutions to the global market
Media

BioPharma Dynamics proudly sponsor GMCC Excellence Awards

BioPharma Dynamics is proud to continue their headline sponsorship of Greater Manchester Chamber of Commerce Excellence Awards, championing success and achievements of businesses within the Greater Manchester region
Media

Chemspec Europe 2024 conference programme unveiled

A detailed look at key speakers, sessions, and networking opportunities at the international exhibition
Media

Curia receives 2024 CDMO leadership award

Curia recognised for its service in the CDMO industry
Media

Biovian and 3P Biopharmaceuticals join forces to create 3PBIOVIAN

Biovian and 3P Biopharmaceuticals, two leading biologics CDMOs, announce their combination to establish a new pan-European leader in their field
Media

Royal Society of Chemistry and TIB co-create next generation Open Access consortium model

The agreement delivers shared goals of equity for institutions, a community approach and universal open access for authors
Subscribe now