Werner Baumann

We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Werner Baumann is associated, including Monsanto and Paul. Most recently, Werner Baumann has been quoted saying: “The fact that with the combination of both companies' competencies, we can develop better solutions faster, that will provide benefits to farmers and people in the world, by providing affordable and safe food for an ever-growing population.” in the article We price drugs in line with innovation potential, says Bayer CEO.

Werner Baumann quotes

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We price our drugs in line with their innovation potential and in line with the competitive environment. I think even more importantly, President Trump could develop a better understanding of the overall health care market, the industry and what is driving cost up really. If you look at pharmaceutical pricing - as a total share of health care funding it actually has not changed since the early 1960s and has been very stable around 10 percent. The combination of Bayer's crop business and Monsanto's business is actually all about innovation.

The fact that with the combination of both companies' competencies, we can develop better solutions faster, that will provide benefits to farmers and people in the world, by providing affordable and safe food for an ever-growing population.

We have said we plan to fully divest the stake over the medium term, without speaking about the modalities. As to how that will play out, there are many ways. Covestro is a highly attractive company and that is now also reflected in the market value.

We are convinced that this transaction is the best opportunity available to provide Monsanto shareholders with highly attractive, immediate and certain value. Bayer is fully committed to pursuing this transaction.

We fully expect a positive answer of the Monsanto board of directors.

We are not feeding Peter by starving Paul here.

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