It's a high risk business, says Marijn Dekkers, Bayer CEO, discussing price controls and the huge expense associated with innovating and developing new drugs.» Read More
The CEO of German drugmaker Bayer has quashed any talk of acquiring its competitor Syngenta, which is being pursued by U.S. firm Monsanto.
Marijn Dekkers, CEO of Bayer, says Syngenta wouldn't be a logical acquisition target for Bayer.
European equities tumbled on Wednesday to close sharply lower as investors reacted to sharp gains in the euro against the dollar.
European equities rallied on Thursday, closing nearly 1 percent higher as investors reacted to a raft of corporate earnings and fresh economic data.
New drugs and increased spending on research and development mean the "stars are aligned" for German drugs giant Bayer, the firm's CEO said.
Marijn Dekkers, CEO of Bayer, talks about the company's plans to separate themselves from their material science unit, saying they will focus on life sciences businesses going forward.
Marijn Dekkers, CEO of Bayer, says the company plans to increase its R&D budget this year, after strong earnings.
Merck reported earnings that beat analysts' expectations, but global sales dropped amid patent expirations and a drop in sales of its hep C drugs.
European shares closed higher on Thursday after an important announcement regarding the meetings of the European Central Bank.
Germany's largest drugmaker, Bayer, plans to float its plastics business on the stock market and focus on healthcare and crop science.
Marijn Dekkers,CEO of Bayer, says now is a "good time" to float the company's plastics business and prefers the IPO route.
Merck reported better-than-expected quarterly results, with sales of newer drugs mostly offsetting declining sales of drugs facing generic competition.
The way consumers would be informed when their food has been genetically engineered is being battled in Congress and among advocacy groups.
But Merck chief Kenneth Frazier also said the government needs to modify its high corporate tax code to level the playing field for American companies.
Some of the names on the move ahead of the open.
Which M&A deal represents the best value for shareholders?
Stocks fell Tuesday after American International Group reported a decline in profit.
Merck CEO Kenneth Frazier speaks with CNBC hours after announcing a blockbuster deal with Bayer.
Merck has agreed to sell its consumer care unit to Bayer for $14.2 million. The "Squawk on the Street" news team discuss the $14.2 billion price tag and product development.
U.S. stock index futures pointed to a flat open on Tuesday, ahead of several first-quarter earnings and trade data for March.