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Bayer buys natural drug maker Steigerwald
18 Jun 2013
Executive Summary
Bayer AG has bought private herbal medicine company Steigerwald Arzneimittelwerk GMBH and agreed to take on all of the acquired firm’s 180 employees; Steigerwald’s manufacturing plant and sales organization will remain unchanged.
Deal Industry
- Pharmaceuticals
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Pharmaceuticals
- OTC, Consumer
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Biotechnology
-
Drug Discovery Tools
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Molecular Diversity
- Natural Products
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Molecular Diversity
-
Drug Discovery Tools
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
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Bayer buys natural drug maker Steigerwald
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