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Bayer sets up first R&D center in China
By Ding Qingfen (chinadaily.com.cn)
Updated: 2009-02-12 10:51 Bayer, a leading healthcare product manufacturer, said today it will invest up to 100 million euros ($129.22 million) in the coming five years to establish a research and development (R&D) center in Beijing, the company's first in Asia.
Bayer has two R&D centers in Germany and one in the United States. Bayer's sales in China, its third largest market, ranks at the top among international health care companies. (For more biz stories, please visit Industries)
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