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Thursday, September 15, 2016

History of Bayer


Bayer AG is a chemical and pharmaceutical giant founded in Barmen, Germany in 1863 by Friedrich Bayer and his partner, Johann Friedrich Weskott. Today it has its headquarters in Leverkusen, North Rhine-Westphalia, Germany. It trademarked acetylsalicylic acid as aspirin in 1899. It also trademarked heroin a year earlier, then marketed it world-wide for decades as a cough medicine for children "without side-effects", despite the well known dangers of addiction.

During the First World War, Bayer turned its attention to the manufacture of chemical weapons including chlorine gas, which was used to horrendous effect in the trenches. It also built up a "School for Chemical Warfare". During this time Bayer formed a close relationship with other German chemical firms, including BASF and Hoechst. This relationship was formalised in 1925 when Bayer was one of the chemical companies that merged to form the massive German conglomerate Interessengemeinschaft Farben or IG Farben, for short. It was the largest single company in Germany and it became the single largest donor to Hitler's election campaign. After Hitler came to power, IG Farben worked in close collaboration with the Nazis, becoming the largest profiteer from the Second World War. Amongst much else, IG Farben produced all the explosives for the German military and systematically looted the chemical industries of occupied Europe. It's been described as the Nazis' "industrial jackal" following in the wake of Hitler's armies.
more:http://www.gmwatch.org/gm-firms/11153-bayer-a-history