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16-Jun-2006 - Bayer AG is to acquire all the shares of Schering held by Merck. In the course of joint talks, Bayer and Merck have agreed on the need to end the uncertainty regarding the Berlin company's future. Merck has therefore decided to sell its 21.8 percent (according to SEC) stake to Bayer, clearing the ...
14-Jun-2006 - Bayer Aktiengesellschaft announced that Dritte BV GmbH (the "Bidder") had purchased an additional 530,417 bearer shares with no par value (the "Shares") of Schering Aktiengesellschaft ("Schering") at EUR 86.00 per Share on June 12, 2006 in open market or privately negotiated transactions and may ...
Acceptance period for Schering stockholders extended by two weeks
01-Jun-2006 - Bayer has decided to amend the takeover offer for Schering AG and waive the offer condition in section 6.1.6 of the offer document. As a result of the amendment, the acceptance period is automatically extended until June 14, 2006, 24:00 hours CEST. "The extension of the acceptance period ...
20-Apr-2006 - The Executive Board and the Supervisory Board of Schering AG, Germany announced in a joint opinion that, following the assessment of the offer document, they look upon the formal takeover offer of Bayer AG published on April 13, 2006 favorably and recommend to the shareholders of Schering AG to ...
New global specialized pharma company "Bayer Schering Pharma"
27-Mar-2006 - The Executive Board of Schering AG, Germany announced that it will support a voluntary public offer by Bayer AG to acquire all of the outstanding shares of Schering AG for a price of EUR 86 in cash which it will recommend to its shareholders after having assessed the offer documents. Bayer's ...
25-Jul-2005 - Schering AG increased net sales in local currencies by 7 percent in the first six months of 2005. Group net sales were slightly impacted by exchange rates fluctuations (-1%). In total, net sales rose by 6 percent to EUR 2.547 billion. The operating profit amounted to EUR 466 million in the first ...
14-Jun-2005 - Schering AG of Germany opened its Asia-Pacific headquarters in Singapore to meet the fast growing contraception needs of a new generation of women in Asia. The new company operates under the name of Schering Asia-Pacific Pte Ltd. Mr Klaus Wulf, Managing Director of Schering Asia-Pacific Pte Ltd ...
03-May-2005 - Schering AG, Germany announced that it has, along with its affiliate, Berlex, Inc., filed a patent infringement action against Barr Laboratories, Inc. and its parent company Barr Pharmaceuticals, Inc. relating to Schering AG's Yasmin® (drospirenone and ethinyl estradiol) product. Yasmin® is the ...
18-Jan-2005 - Schering AG announced that its development partner, EPIX Pharmaceuticals, Inc., has received an approvable letter from the U.S. Food and Drug Administration (FDA) for MS-325 (gadofosveset trisodium). MS-325 is anticipated to be the first in a new class of blood pool contrast agents for magnetic ...
13-Aug-2004 - Schering AG, Germany (FSE: SCH, NYSE: SHR) announced today that its German subsidiary Jenapharm GmbH & Co. KG, Jena, has agreed the sale of its therapeutics business to mibe Vertriebsgesellschaft mbH (i.G.), Jena, a subsidiary of Dermapharm AG, Grünwald. The sale of Jenapharm GmbH & Co. KG's ...
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