MBO at Bayer establishes independent service company

Published: 11-Apr-2006

The management and staff of Bayer HealthCare's natural substance research unit have set up an independent service company, InterMed Discovery. Acting as a contract manufacturer for the pharmaceutical, crop protection and food industries the company will search for active ingredients, develop them into products and generate its own trademarks.


The management and staff of Bayer HealthCare's natural substance research unit have set up an independent service company, InterMed Discovery. Acting as a contract manufacturer for the pharmaceutical, crop protection and food industries the company will search for active ingredients, develop them into products and generate its own trademarks.

The decision follows the restructuring of Bayer HealthCare's pharmaceutical research and the associated spin-off of anti-infectives research, which had previously been the most important internal customer for the natural substance research unit.

InterMed Discovery will have 15 experienced employees in the field of natural substance research. The company plans to move from Bayer HealthCare's (BHC) Pharmacenter in Wuppertal to the Dortmund BioMedizin Center (BMZ) in mid-2006.

InterMed Discovery will seek to become the world's leading provider of discovery services and products based on natural substances, using its own technology platform and unique pool of resources. "With our modern and efficient processes, unique substance library and database as well as 20 years of experience in drug discovery in a large pharmaceutical company, we will be extremely well positioned in this field of research right from the start," said Dr Thomas Henkel, former head of the BHC natural substance department and now managing director of InterMed Discovery.

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