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Bayer posts 10.2% net income growth

Bayer has reported net income of €4,531 million which is 10.2% increase comparing to 2015 (€4,110 million). The company reported earnings growth in pharmaceutical activities, while other activities remain steady.

The company has reported key growth in its five leading pharmaceutical products: oral anticoagulant Xarelto, the eye medicine Eylea, the cancer drugs Xofigo and Stivarga, and the pulmonary hypertension treatment Adempas posted total combined sales of EUR 5,413 million (2015: EUR 4,231 million).

“Sales at Pharmaceuticals advanced by a gratifying amount. We expanded business markedly in all regions,” said Management Board Chairman Werner Baumann.

 

 

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