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originally posted by: Phage
a reply to: Vector99
Bayer is only tapping into the seed market, they are a pharmaceutical corporation.
Actually...
With an international market share of 20 percent Bayer Cropscience, a wholly-owned subsidiary of Bayer AG, is the second largest pesticide producer in the world (after Syngenta). For seeds the company is in seventh place with a market share of 3 percent. The concentration process in the agricultural market has been ongoing for decades.
aseed.net...
For seeds the company is in seventh place with a market share of 3 percent
originally posted by: Phage
a reply to: intergalactic fire
Actually, they are competitors.
Bayer is only tapping into the seed market, they are a pharmaceutical corporation.
originally posted by: Phage
a reply to: Vector99
So this is, you admit, bull#:
Bayer is only tapping into the seed market, they are a pharmaceutical corporation.
Second global pesticide manufacturer would seem to indicate a deep involvement in the industry rather than a sideline.
originally posted by: Vector99
a reply to: Phage
Bayer is only tapping into the seed market, they are a pharmaceutical corporation. That being said, it doesn't surprise me they are tapping the GMO industry.
In 2014 Bayer bought Merck's consumer business, with brands such as Claritin, Coppertone and Dr. Scholl's. Its BayerCropscience business develops genetically modified crops and pesticides. Its materials science division makes polymers like polyurethanes and polycarbonate.
In 1925 Bayer became part of IG Farben, the world's largest chemical company. Following the Nazi takeover of Germany, IG Farben was embroiled in the Nazi regime's policies as a large government contractor. After World War II, Bayer was reestablished as an independent company, and quickly regained its position as one of the world's largest chemical and pharmaceutical corporations. Bayer has been involved in controversies regarding some of its drug products; its statin drug Baycol (cerivastatin) was discontinued in 2001 after 52 people died from renal failure, and Trasylol (aprotinin), used to control bleeding during major surgery, was withdrawn from the markets worldwide when reports of increased mortality emerged; it was later re-introduced in Europe but not in the US.
World War II During World War II, IG Farben used slave labor in factories that it built adjacent to German concentration camps, notably Auschwitz,[23] and the sub-camps of the Mauthausen-Gusen concentration camp.[24] IG Farben purchased prisoners for human experimentation of a sleep-inducing drug and later reported that all test subjects died.[25][26] IG Farben held a large investment in Degesch which produced Zyclon B used to gas and kill prisoners during the Holocaust.[27] After World War II, the Allies broke up IG Farben and Bayer reappeared as an individual business "inheriting" many of IG Farben's assets.[25] Fritz ter Meer, an IG Farben board member from 1926 to 1945 and directed operations at the IG Farben plant at Auschwitz, was sentenced to seven years in prison during the IG Farben Military Tribunal at Nuremberg. He was elected Bayer's supervisory board head in 1956.[28] In 1995, Helge Wehmeier, the head of Bayer, publicly apologized to Elie Wiesel for the company's involvement in the Holocaust at a lecture in Pittsburgh