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Bayer Inc.
As a vital part of the highly diversified international
group, Bayer AG, the Canadian subsidiary is intrinsically linked to world wide
resources
and research. Bayer AG itself was founded in Germany in 1863 by Friedrich Bayer and his
partner, Johann Friedrich Weskott. After the first World War, Bayer AG lost its name and trademark rights in several countries, including Canada and the United States, where they were acquired by a predecessor of Sterling Winthrop Inc. To re-establish its North American presence, in 1978 Bayer AG acquired the pharmaceuticals company, Miles Laboratories Inc., of Elkhart, Indiana, founded in 1884, and its subsidiary Miles Canada Inc., founded in 1936. Among the many products produced by Miles Laboratories was Alka-Seltzer©, first formulated in 1929. A pivotal turning point for the Bayer companies in Canada and the United States occurred in 1994, when Bayer AG purchased Sterling Winthrop's North American over-the-counter drug business, including all trademark rights in Canada and the United States related to the Bayer name and Bayer Cross. With this acquisition, Bayer was once again able to use its name and the Bayer trademark without restrictions. As a result, in April 1995 Miles Canada Inc. was renamed Bayer Inc. Today, Bayer Inc. ranks as Canada's fifth largest chemicals company,
has a
major presence in the health care field, particularly cardiovascular and anti-infective products,
is
among the top 45 exporters and is one of the country's leading R&D Through its Agriculture Division, the company supports productive farming with a range of products in the fields of crop protection (weed, insect and disease control) and animal health (pharmaceuticals, vaccines, biologicals, insecticides, flea products, de-wormers, and anti-microbials). In Canada, the company is at the forefront of the Bayer group's acquaculture business. In 1998, Bayer Inc. began an alliance with Microtek International Ltd., based in British Columbia, to work in tandem on the research and development, marketing and distribution of fish vaccines. This ground breaking joint venture adds to Bayer's Canadian R&D profile.
Consumer Care products by Bayer which Canadians trust and ask for by name include Aspirin©, Canesten©, Alka-Seltzer©, Midol©, Myoflex©, Bactine©, Phillips© Milk of Magnesia, One A Day© Advance, and Flintstones©. With major products including Adalat XL© (for hypertension and
angina), Baycol© (for lowering cholesterol levels),
Cipro© (for respiratory, urinary and
other microbial infections), Kogenate© (for hemophilia), Glucometer
Elite© and Encore©
(diabetes care), the Healthcare Division significantly improves the health of
Canadians. Bayer's polyurethane and plastic products serve the manufacturing processes in fields as diverse as automotive, appliances, furniture, packaging and construction. The Rubber Division, located in Sarnia, Ontario, is one of the world's
leading
makers of quality synthetic rubber. In fact, it is the Bayer group's largest rubber
manufacturing site In addition to these product and service based involvements in the daily lives of Canadians, Bayer is active in the community through its philanthropic efforts. In 1998, the Bayer Foundation was established to more effectively administer requests for donations.
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