Bayer underlines innovation focus in showcase event
German life sciences major Bayer (BAYN: DE) underlined its determination to drive breakthrough innovations during an event on Friday.
The group held its first ever Breakthrough Innovation Forum, when its leaders stressed the bold new approach being taken to embracing new technologies across the company.
"Breakthrough innovation, powered by new technologies, enables us to not only treat symptoms, but to potentially stop or reverse progression of a disease"In conjunction with the event, the company announced that it is accelerating its investment in its impact investment unit Leaps by Bayer, with more than 1.3 billion euros ($1.44 billion) funding pledged over the next three years.
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