Bayer scientists honoured with Otto Bayer Medal

LEVERKUSEN/COLOGNE, GERMANY: Scientists of the Bayer Group have been awarded the Otto Bayer Medal for their excellent achievements in three research projects. This award honours successful contributions to research for new products or applications as well as innovative technologies. Dr Marijn Dekkers, Chairman, Bayer and Professor Wolfgang Plischke, Member of the Board of Management, Bayer AG, responsible for Technology, Innovation and Sustainability, presented the awards to the prize winners.
“The quality of our research and the expertise of our scientists are undoubtedly among our key competitive advantages in the global marketplace. That is a considerable sum of money, but we believe it is a very sound investment. And I’m proud to say that our spending on research has more than paid off in the past and sustained our mission - Bayer: Science for a better life,” explained Dekkers.

The awarding of the Otto Bayer Medal documents the paramount importance that the company attaches to research and development. Bayer plans to spend around €3 billion on research and development in 2012. Research projects from Bayer HealthCare, Bayer CropScience, Bayer MaterialScience and Bayer Technology Services were honoured.

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