Mood swings in Bayer's favor as investors pay attention to pipeline

11 January 2023

Presentations from German group Bayer (BAYN: DE) at the JP Morgan Healthcare Conference have rallied investors’ confidence in the company’s mid-term prospects.

Interest in the firm has been depressed by legal battles stemming from its chemicals and crop science interests, connected with the weedkiller Roundup and with polychlorinated biphenyl (PCB)-based products.

Now, a more positive outlook for the group’s pharmaceuticals division has raised the prospect that the company could be undervalued at present.

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