Worst ever Big Pharma acquisition?

Worst ever Big Pharma acquisition? | DW News

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@Kodakcompactdisc 7 ай бұрын

It was madness buying them with all those lawsuits pending. Someone should go to prison for that decision.

@deadmanprodinc 7 ай бұрын

I'm no fan of big pharma however carrying over these lawsuits is a protection mechanism for the litigants. Companies don't get to dismiss pending lawsuits just because owners change.

@Kodakcompactdisc 7 ай бұрын

@@deadmanprodinc I agree but why would you buy them knowing the lawsuits they were facing. It wasn’t a secret.

@deadmanprodinc 7 ай бұрын

@@Kodakcompactdisc Well, considering the general interests and motivation of big corporation, I would guess buying into a monopoly is a factor, the greed factor, and lastly attaining ultimate power and control. This is enough rationale for a corporation to take on a little bit of baggage with the purchase. This CAO has already stated that "Round-up" is not linked to the various cancers in the claim, however when asked what else could be attributed to "farmers" only targeted with these cancers, he skirts the question. Bayer will fight these claims until the claimant are financially exhausted. So it may take billions to save 100's of billions but in my view that answers the last part of Bayer's stated adage, "where we were, where we are now and where are we going"

@georgexavier922 7 ай бұрын

Stupidity is not illegal even it comes adorned with an MBA degree!

@sandche8995 7 ай бұрын

My favorite is when he says it would be chaos if they followed rules.

@Corpomancer 7 ай бұрын

It would be at some level, thankfully regulations are written by those who are fully aligned with the grand "innovation" of keeping everything the same. The power these companies wield over us all should terrify everyone who follows rules, break them up.

@BeachyKeen-ub9rg 7 ай бұрын

Not having a conscience must be awesome.

@dimamatat5548 7 ай бұрын

Conscience is a weakness

@BeachyKeen-ub9rg 7 ай бұрын

@@dimamatat5548 evolutionsbremse

@benjaminbritsch1749 3 ай бұрын

care to eloberate? What do you mean exactly?

@SloeJuice 7 ай бұрын

The R&D recoupment argument does make sense - after all, why would anyone take risks losing money in R&D for giving it all away to the competitors? If people aren't happy about this, they should push for goverments to do the R&D and take the risks associated with it itself rather than proxying through the private sector.

@caty863 6 ай бұрын

As far as I know, all basic research is done on government dime. Corporations only do some innovations (i.e. some tricks to turn known science into "money"). Take rockets or internet for instance. government spent billions of $$$ to research the stuff. Now SpaceX and tech giants are reaping the benefits.

@shinyshinythings 7 ай бұрын

And why are we being asked to empathize with a CEO who could easily stuff his pillows with more money than any of us will see in our lifetimes?

@sandche8995 7 ай бұрын

Don’t be heartless: They need more ivory back scratchers.

@ni6toli4no 7 ай бұрын

is this interview a big advertisement for Bayer or what?!

@raulceciliarosa305 13 күн бұрын

Really i don´t think so. She made some questions quite controversial. The CEO didn´t want to get into details on them.

@thawtvawlt6988 7 ай бұрын

Wow, DW is stooping really low to be shilling in this bare-faced manner for Bayer. Really soft-ball questions with no follow-ups.

@Diseased_Mr_T 7 ай бұрын

Wow this is really not up to usual DW editorial standards. This was more of an advertisement than an incisive interview. Very disappointing.

@mishukzoo 7 ай бұрын

Well DW is German based, Bayer is a German based corporation, and German economy is in the toilet at the moment... I guess it's a win-win for these two

@fleischwolf82 7 ай бұрын

He has a fair point at 6:00. The US system is broken. Many companies legally sepatate US from global business for exactly that reason.

@georgexavier922 7 ай бұрын

Their definition of broken is that it is not profitable enough for them. I am fine with a "broken" system that protects the regular citizen from rapacious oligarchs.

@dominicdmello7531 7 ай бұрын

And what about all the lobbying both Monsanto and Bayer do in the US. And which party was in power when Monsanto was granted that label?

@garthdrury9124 6 ай бұрын

It is a pity the journalist muffed the question on the Monsanto acquisition (9:00), and moreover didn't follow-up with questions on the rationale for continuing with the deal. We may just have got an inkling of what has probably been said behind closed doors a thousand times at Leverkusen since the current CEO joined in early 2023, let alone since March 2015 when IARC first made its announcement to classify glyphosate as Category 2A ("probable carcinogen"), before Bayer made the formal offer to buy the business in May 2016. While the IARC conclusion - based on a partial review of published reports only - held no credibility with authorities or regulatory experts around the world, it was shown to be hubris to assume that there would be a limited impact from inevitable litigation in the US.

@martytube821 7 ай бұрын

Well companies shouldn't be hurting/killing people while wanting immunity from lawsuits/crimes for harmful products, also big pharma funds most of the scientific papers and government drug admins..

@01ai01 7 ай бұрын

Mr. Anderson seems to be very well spoken dude. In most ceo interviews I've seen, the ceo always appeared terrified to answer questions, but Bill has some energy.

@user-LCU 7 ай бұрын

You are in denial re: Roundup. It’s a lose lose dude.

@williamwelling4872 7 ай бұрын

Just follow the money people

@hhwippedcream 7 ай бұрын

The overabundance of many, many chemicals (of which glyphosate is one) in our food systems and environments is a problem. However, I urge folks to look at the efficacy and toxicity of the chemicals that would be used in its stead, including many "organic" alternatives for both the user and environment. With widespread dependency on these chemicals for right on time, yields based ag profits, producers are often left to just look for the next thing. Without more widespread adoption of farming practices that require far less or zero of these chems, the problem chemical will shift like a game of musical chairs. Toxicity = dose x frequency of exposure. It is the later that is more troubling when one takes into account the ubiquity of use of glyphosate and other widely used agrichemicals. Instances of herbicide resistance simply compound the problem. To complicate things further these chems are a huge help in selectively targetting invasive plant species where a workforce can't be found or funded to continuously manage large expanses of land. This is an economic and land use issue combined with corporate spin, categorical thinking on the part of proponents and opponents of chems, and using the wrong tools in the wrong ways, in the wrong places (blanket management practices). There isn't a one size fits all answer to these issues while at the same time the highest level of scrutiny needs to persist until solutions are found.

@christineherrmann205 7 ай бұрын

Bayer: let's buy this company that once helped develop Agent Orange Someone: well, your country once helped gas people... might not be a good look. And, there's a huge chance their current product cause cancer Bayer: trivialities. Also, the laws suck.

@ggsay1687 7 ай бұрын

They should write a book: How to loose money.

@yomajo 7 ай бұрын

He is very well versed in US-like corporate double speak. That's my only compliment.

@curly_ 7 ай бұрын

I came for evil Corporate talk I got evil Corporate talk

@iceman4660 7 ай бұрын

You reap what you sow. Greed made them pursue companies that had all kinds of red flags and sirens surrounding them.

@vkchaitanya2003 7 ай бұрын

How did Monsanto manage cases all this while? How did the cases come on the horizon all of a sudden

@user0x0x6 4 ай бұрын

US gov protection

@purelizardmilk6598 7 ай бұрын

Lotta hate in the comments, i dunno i think this guy was pretty honest and correct about how this sort of innovating chemical giant HAS to run to serve the world

@rodrigoamoedo8523 Ай бұрын

Monsanto made me 400K , as I shorted Bayer since and could not be happier

@sandche8995 7 ай бұрын

Did he just say “for eaters?”

@Diseased_Mr_T 7 ай бұрын

"that's all of us.". *nods wisely*

@loddiecamomileparrot 7 ай бұрын

Haha yeah not humans just eaters 😂

@surturiel 7 ай бұрын

@13:00 he's not wrong. And "grass-fed beef" became an euphemism for a horrible cattle business model.

@csly2719 7 ай бұрын

I think it was very hard to get this interview with these critical, well phrased and researched questions through! The compromise was obviously to give as much time as needed to the answers. What came out feels kind of truthful: The substantial questions could not be substantially answered. There is little said besides corporate blabla. If you have nothing to say you can speak as long as you want I guess … It should be pretty clear that Bayer needs a miracle right now, and how this CEO envisions the future of Bayer is hardly how I would see a responsible and innovative biotech company of the future. Acquiring Monsanto in the first place tells more than thousand words. Imo this is well deserved, sorry not sorry

@urbansenicar81 7 ай бұрын

1) If you are worth 100 and buy X for 100, you're then not worth 200, but still 100. 2) Now, why did you merge with claims hanging?

@vkchaitanya2003 7 ай бұрын

Now they are not 100 they are at 30

@urbansenicar81 7 ай бұрын

@@vkchaitanya2003 I understand that. But the premise was "Today Bayer’s entire market value is less than half of what it spent to buy Monsanto." And that comparison is meaningless.

@Y2k23FU 7 ай бұрын

101 on how to get rid of toxic assets and move money from Germany to our US "friends"

@JaniceSkidmore 7 ай бұрын

"...at some point, we have to ask, "Do facts matter?' and if they do, we have to act on them." This guy must work for donald j rump. Do facts matter.... classic cover it up with confusing words so you're not actually answering any questions and are deflecting in a way that leaves people not understanding they're being duped.

@that1guycanfly 14 күн бұрын

The fact that you made this about Trump when he just made RFK Jr a cabinet member who is actively trying to prove that small doses of glyphosate over long periods of time causes cancer just proves how big of a mind virus liberalism is today lmfao

@adios2011 7 ай бұрын

How much did they pay you for this piece ?

@ianashworth5953 7 ай бұрын

What a load of egotistical verbal diarrhoea and corporate speak. Not a great surprise that Bayer are in trouble.

@tandrichter 7 ай бұрын

I am a subscriber to DW as I enjoy your incisive interviews and analyses.However, this interview and its lack of inciseveness on key issues was outstandingly below standard as it didn't delve deeper into his superficial, brazen answers that did not address the questions asked. He was left off the hook easily. Destroying the Amazonian forest, the Planet's lungs in order to feed the population, Bayers priority, according to the CEO, is as short sighted a strategy as it is, respectfully, nonsensical, if not dumb. The interviewer carried on with her questions..

@krollpeter 7 ай бұрын

Why would someone buy a company that has a bunch of lawsuits on their heels? How can somebody justify this? What is really behind?

@mariokajin 7 ай бұрын

Patents

@krollpeter 7 ай бұрын

@@mariokajin I did some reading. My conclusion is there can be only one single reason: His task is to bring Bayer down, or at least get it split up. End of Bayer. BTW. The Monsanto deal was not done by him, but by his predecessor.

@b.w.3257 7 ай бұрын

Money's a helluva drug

@louistan7560 7 ай бұрын

There is always more to it than the size of the acquisition. This could just be another one.

@smileycat767 7 ай бұрын

They try to save a big sinking ship with desperate attempts. With his leadership and vision, I do not see any brighter future for Bayer. I am speaking of 20 years of experience in global pharmaceutical industry.

@hatchegg80 7 ай бұрын

maybe they can sell the football team

@Byzantion 7 ай бұрын

Feeding the world? I can grow more food on 1/3 of the land that they use... and i am doing it sustainably while supporting wildlife and diversity

@BALHAM69 7 ай бұрын

Bayer did win Bundesliga..😮

@r.1599 7 ай бұрын

What an immoral person.

@dan49781 7 ай бұрын

Gaslighter.

@danielberdasco3933 7 ай бұрын

I think she’s a great journalist.

@wilg9400 7 ай бұрын

Aiming for the lowest bar

@entropytheory8875 7 ай бұрын

Big whoop! No one cares about corporations

@TheAlchemistZero1 7 ай бұрын

Civilization has entered late-stage capitalism. Capitalism is an insatiable hunger, one which is inherently incapable of expressing the concept of "enough" - it's a system that must chronically engorge (without pause). Poverty is the mother of necessity; the comfort of the rich, depends upon an abundant supply of the poor. the Alchemist -Ø1

@mjkay8660 7 ай бұрын

I haven't had anything to do with bear or any of its conglomerates since I found out they were supplying Dr mangala with tons of aspirin trials

@susanb4816 7 ай бұрын

Bayer?

@larrydrollinger3429 7 ай бұрын

hog at the trough

@jianyangding6376 20 күн бұрын

Hmmm a bad day for him that today the Stock price just free falls

@lambertois11 7 ай бұрын

Nice try for a dog and pony show, but I DO NOT BUY IT !!

@cboy0394 7 ай бұрын

What a softball interview. What purpose does this actually serve the viewer, if I wanted to I could just go on the company website and read all the pr releases that are posted there to get the same information that was released in this interview. I understand things shouldn't always be confrontational but if you're just going to act as another corporate mouthpiece than you shouldn't even bothering interviewing these executives.

@TheRealBlueValhalla 7 ай бұрын

Didn't Bayer buy Monsanto?

@susanb4816 7 ай бұрын

Kinda the point of this discussion

@cwaddle 7 ай бұрын

Great interview

@erikitter6773 7 ай бұрын

I get trying, but I think there was pretty much no information gained by the interview in the end. It should have used in parts for a proper documentation instead. Well, guess that would lead into an access question. Doubt there would have been an interview agreed to in an investigative journalism context.

@Not_Ent3rt4iner 7 ай бұрын

Don’t try doing cnbc 😢 german ceos are somewhat boring 😅

@susanb4816 7 ай бұрын

Slimey fellow

@swedichboy1000 7 ай бұрын

Deus Ex, its called Consolidation.

@blitzrumble2956 7 ай бұрын

The comment section is full of small kids, who are incapable to comprehend adult talks.

@cghhgv2571 7 ай бұрын

Oh it’s so sad . So many nice questions and none of them answered . You know that the world is in decadence when the people that rule are too small and tiny . Exactly the opposite of the role model. Sad .