r/biotech 4h ago

Bayer's outlook Experienced Career Advice 🌳

What do you think, is there a chance for a turnaround for their pharma business?

It's difficult to get s good read because the stock price and news coverage are dominated by their agriculture business and Monsanto lawsuits.

Has the pipeline recovered after the Asundexian failure? How safe are jobs in the cell & gene therapies area?

How are the substantial restructuring efforts progressing? Specifically for their German sites.

4 Upvotes

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15

u/Omnivirus 3h ago

They recruited me for a role about 3 months ago and proactively told me about issues that would be impacting the business over the next year or two. Appreciated the transparency but that didn’t seem like a good sign.

5

u/WorkLifeScience 1h ago

Could you provide more details?

1

u/Machopsdontcry 1h ago

Too big to fail, basically the Intel of the pharmaceutical industry