Bold investments in BlueRock, AskBio and Vividion have shown the ambition of Bayer’s (BAYN: DE) new approach towards R&D, and another sign of intent was the German company’s appointment of Christian Rommel in late 2020.
Dr Rommel was named the new head of R&D at the group’s Pharmaceuticals Division, having been poached from Swiss pharma giant Roche (ROG: SIX), where he was senior vice president and global head of oncology research.
His expansive track record of R&D spanning over two decades, with experience in successfully accelerating innovation and advancing drug candidates across a breadth of modalities, was seen as key to driving Bayer’s innovation strategy.
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