In a recent chat with BioSpectrum Asia, newly appointed Bayer Pharmaceuticals Head of Commercial Operations for APAC, Dr Ying Chen shared the division’s latest business results in FY 2021, her outlook for 2022, and how Bayer’s pharmaceutical division is transforming itself to fuel future growth with breakthrough innovations for patient’s yet unmet medical needs, as well as the company’s vision for a sustainable future. Edited excerpts;
What were the key highlights at Bayer Pharma APAC in FY 21-22?
Looking back at the last decade, Bayer has grown from strength to strength, with sales nearly doubled from 3 billion Euro in 2012 to 5.8 billion Euro today, driven by innovative medicines such as Xarelto and Eylea, but also being sustained through our established portfolio including women’s healthcare.
We remain as the Top 10 leading multinational pharmaceutical companies in Asia Pacific, and we have been operating in India for over 125 years.
Despite the APAC region being only a quarter of the global pharma market, we at Bayer have almost a third of our topline coming from the region, underscoring our focus and commitment to the region.
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