Predict your next investment

Corporation
HEALTHCARE | Medical Product Distribution
bayer.com

See what CB Insights has to offer

Investments

27

Portfolio Exits

34

Partners & Customers

10

About Bayer

Bayer (FWB: BAYN) is a global enterprise with core competencies in the fields of health care and agriculture.

Bayer Headquarter Location

Kaiser-Wilhelm-Allee 50

Leverkusen, 51368,

Germany

+49 (0)214 30-1

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Bayer

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Bayer in 3 Expert Collections, including Digital Health.

D

Digital Health

420 items

Companies developing and enabling evidence-based, software-driven therapeutic interventions to prevent, manage, or treat a medical disorder or disease. (*Scope follows the Digital Therapeutics Alliance definition)

S

Synthetic Biology

382 items

M

Medical Devices

3,867 items

https://www.advamed.org/membership-join/membership-directory/ - excludes those without working websites.

Bayer Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Bayer Rank

Latest Bayer News

'Off the charts' chemical shortages hit U.S. farms

Jun 27, 2022

06/27/2022 | 06:08am EDT Message : *Required fields CHICAGO (Reuters) - U.S. farmers have cut back on using common weedkillers, hunted for substitutes to popular fungicides and changed planting plans over persistent shortages of agricultural chemicals that threaten to trim harvests. Spraying smaller volumes of herbicides and turning to less-effective fungicides increase the risk for weeds and diseases to dent crop production at a time when global grain supplies are already tight because the Ukraine war is reducing the country's exports. Interviews with more than a dozen chemical dealers, manufacturers, farmers and weed specialists showed shortages disrupted U.S. growers' production strategies and raised their costs. Shawn Inman, owner of distributor Spinner Ag Incorporated in Zionsville, Indiana, said supplies are the tightest in his 24-year career. "This is off the charts," Inman said. "Everything was delayed, delayed, delayed." Shortages further reduce options for farmers battling weeds that developed resistance to glyphosate, the key ingredient in the commonly used Roundup herbicide, after decades of overuse in the United Sates. Prices for glyphosate and glufosinate, another widely used herbicide sold under the brand Liberty, jumped more than 50% from last year, dealers said, padding profit at companies like Bayer AG, BASF SE and Corteva Inc. The U.S. Agriculture Department said it heard from farmers and food companies concerned about whether agribusinesses are hiking prices for goods like chemicals, seeds and fertilizer to boost profit, not simply because of supply and demand factors. The agency has launched an inquiry into competition in the sector, and some watchdog groups said it is moving too slowly. Agrichemical companies blame the COVID-19 pandemic, transportation delays, a lack of workers and extreme weather for shortages. Fertilizer and some seeds are also in short supply globally. SUPPLY CHAIN STALLED More difficulties are on the horizon, as BASF, which formulates glufosinate, told Reuters the supply situation will not improve significantly next year. "It's going to take more time than what our customers, farmers and retailers would have thought," said Scott Kay, vice president of U.S. crops for BASF. Tennessee farmer Jason Birdsong said he abandoned plans to plant soybeans on 100 acres after waiting months to receive Liberty he ordered from Nutrien Ag Solutions. He ultimately received less than half his order for 125 gallons and planted corn on the land instead. Birdsong said he is better able to control weeds in corn than soybeans. Nutrien said numerous events stalled the supply chain during the pandemic and the company provided alternate solutions to customers. Birdsong said he needed Liberty to fight weeds that are resistant to glyphosate in soy fields. He said he ruled out a third option, a dicamba-based herbicide from Bayer, because of extensive federal restrictions on when and where dicamba can be sprayed. "With the dicamba technology being so strict, Liberty is the go-to," Birdsong said. The Environmental Protection Agency approved new restrictions on dicamba use this year in Iowa and Minnesota, two major farm states. The herbicide, approved in 2016, faces stricter regulations because it drifts onto neighboring farms and damages crops other than Bayer soybeans engineered to resist dicamba. The rise of a rival Corteva soybean variety, Enlist, is further adding to glufosinate demand because the crop can be sprayed with glufosinate, among other chemicals, dealers said. Generic versions of glufosinate-based Liberty sold for about $100 a gallon, up from $32 a gallon last year, said Dion Letcher, owner of Letcher Farm Supply in Garden City, Minnesota. The increase reduces farmers' profits from lofty crop prices. Shortages of Liberty and other products began last year as distributors used backup supplies to offset supply disruptions in 2021, Letcher said. Now, there are no reserves, he said. "Anything from BASF is short this year," Letcher said. "I'm worried about next year." AGRICHEMICAL PROFITS CLIMB For glyphosate, prices reached $50 a gallon to $60 a gallon, up from less than $20 a gallon in mid-2021, said Inman, the owner of Spinner Ag Incorporated. Bayer reported sales of glyphosate-based products were "particularly strong" in the first quarter as prices increased and volumes declined. Overall, its herbicide sales soared 67% from a year earlier to 2.5 billion euros ($2.64 billion). BASF's agricultural solutions unit posted quarterly sales of 3.4 billion euros, up 21% from a year earlier. Corteva also sold more than $2 billion worth of crop-protection products, up 23% from a year earlier, as prices rose 11%. BASF is seeking to acquire raw materials earlier to avoid future shortages, Kay said. Bayer said it broadened its supplier base for raw ingredients and added bulk trucks to deliver products more efficiently. Farmers who cannot find glyphosate and glufosinate are switching to alternatives, Corteva said. The supply limitations have caused practical headaches for growers. Indiana farmer Denny Bell said he did not receive Liberty in his usual 250-gallon containers. Instead, he spent seven hours emptying 2.5-gallon jugs into a larger vat before spraying. Bell said he also waited six months for a popular BASF fungicide, Veltyma. Reduced usage of herbicides this summer could allow weeds that escape crucial early sprayings to grow and spread their seeds in fields, leaving farmers with more weeds to fight for the next two years as the seeds sprout, said Scott Nolte, Texas A&M University weed specialist. Iowa corn and soy grower Brent Swart said he is opting to use less glyphosate in the mix of chemicals he sprays due to short supplies, but does not expect it to hurt yields. "There's definitely a different feel to this year," Swart said. "We've never seen as much supply issue." ($1 = 0.9488 euro)

Bayer Investments

27 Investments

Bayer has made 27 investments. Their latest investment was in Grao Direto as part of their Series B on March 3, 2022.

CBI Logo

Bayer Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/3/2022

Series B

Grao Direto

$8M

No

2

12/9/2021

Series A

Bloom Science

$12M

Yes

8

9/14/2021

Series D

AgBiome

$116M

Yes

19

3/9/2021

Series A

Subscribe to see more

$99M

Subscribe to see more

10

8/24/2020

Series C

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/3/2022

12/9/2021

9/14/2021

3/9/2021

8/24/2020

Round

Series B

Series A

Series D

Series A

Series C

Company

Grao Direto

Bloom Science

AgBiome

Subscribe to see more

Subscribe to see more

Amount

$8M

$12M

$116M

$99M

$99M

New?

No

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

8

19

10

10

Bayer Portfolio Exits

34 Portfolio Exits

Bayer has 34 portfolio exits. Their latest portfolio exit was Bayer - Schering do Brasil on April 05, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/5/2022

Divestiture

Bayer - Schering do Brasil

$99M

2

3/10/2022

Divestiture

Bayer - Environmental Science Professional Business

$99M

5

2/1/2022

Divestiture

Bayer - Zegerid OTC

$99M

1

2/1/2022

Divestiture

Subscribe to see more

$99M

Subscribe to see more

10

6/24/2020

Divestiture

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/5/2022

3/10/2022

2/1/2022

2/1/2022

6/24/2020

Exit

Divestiture

Divestiture

Divestiture

Divestiture

Divestiture

Companies

Bayer - Schering do Brasil
Bayer - Environmental Science Professional Business
Bayer - Zegerid OTC

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

2

5

1

10

10

Bayer Acquisitions

24 Acquisitions

Bayer acquired 24 companies. Their latest acquisition was Vividion Therapeutics on August 05, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/5/2021

Series C

$99M

$371.5M

Acquired

13

6/3/2021

$99M

Acquired

5

6/3/2021

$99M

Acquired

6

12/7/2020

Subscribe to see more

$99M

Subscribe to see more

10

10/26/2020

Grant

Subscribe to see more

$99M

$99M

Subscribe to see more

10

Date

8/5/2021

6/3/2021

6/3/2021

12/7/2020

10/26/2020

Investment Stage

Series C

Grant

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$371.5M

$99M

Note

Acquired

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Sources

13

5

6

10

10

Bayer Partners & Customers

10 Partners and customers

Bayer has 10 strategic partners and customers. Bayer recently partnered with Vividion Therapeutics on June 6, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

6/9/2022

Partner

United States

2

6/2/2022

Vendor

Belgium

1

5/26/2022

Licensee

India

1

5/5/2022

Partner

United States

Subscribe to see more

Subscribe to see more

10

4/25/2022

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

6/9/2022

6/2/2022

5/26/2022

5/5/2022

4/25/2022

Type

Partner

Vendor

Licensee

Partner

Partner

Business Partner

Country

United States

Belgium

India

United States

United States

News Snippet

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

1

1

10

10

Bayer Team

57 Team Members

Bayer has 57 team members, including current Chief Executive Officer, Daniela Chuayre Della Valle.

Name

Work History

Title

Status

Daniela Chuayre Della Valle

Peplin, Bayer HealthCare, Novartis, and Johnson & Johnson

Chief Executive Officer

Current

Dieter Weinand

Chief Executive Officer, President

Current

Hans Bishop

President

Current

Stefan Oelrich

Sanofi, and Bayer HealthCare

President

Current

Maurício Rodrigues

President

Current

Name

Daniela Chuayre Della Valle

Dieter Weinand

Hans Bishop

Stefan Oelrich

Maurício Rodrigues

Work History

Peplin, Bayer HealthCare, Novartis, and Johnson & Johnson

Sanofi, and Bayer HealthCare

Title

Chief Executive Officer

Chief Executive Officer, President

President

President

President

Status

Current

Current

Current

Current

Current

You May Also Like

Rabo AgriFinance Logo
Rabo AgriFinance

Rabo AgriFinance is a financial services provider for agricultural producers and agribusinesses. Rabo AgriFinance provides exclusive, objective global market research in a variety of sectors, including grains and oilseeds, livestock and specialty crops, which helps clients gain a competitive edge. Rabo AgriFinance offers a comprehensive portfolio of services which includes providing resources for producers to help prepare for and take advantage of market opportunities.

B
Bayer Cropscience

Bayer provides seeds, traits, biological and chemical crop and environmental protection products. It is based in Monheim am Rhein, Germany.

WinField United Logo
WinField United

WinField United provides agricultural expertise, crop protection inputs, seed, and crop nutrients to farmers and retailers. It is based in Arden Hills, Minnesota.

P
ProPartners Financial

ProPartners Financial is a provider of credit programs for direct sellers of crop inputs and seed in the United States.

Growers Edge Logo
Growers Edge

Growers Edge uses data science, public and private data sets, and deep learning algorithms to design warranty-backed crop management plans for ag retailers and technology providers.

John Deere Logo
John Deere

John Deere manufactures agricultural, construction, and forestry machinery, diesel engines, drivetrains used in heavy equipment and lawn care equipment. The company supplies replacement parts for its own products and for those of other manufacturers.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.