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Recently, Bayer has set up an office in Chongqing and is currently negotiating with Chongqing Changshou Chemical Industrial Park on investment matters. The initial idea is to launch a chemical project in Changshou Chemical Industrial Park to provide cheap raw materials for its pharmaceutical industry. Since Changshou Chemical Industrial Park is mainly producing natural gas methanol, natural gas acetic acid, natural gas acetylene, chlor-alkali, and fine chemicals, Bayer can purchase raw materials on the spot for production and reduce operating costs. In addition, Bayer has a large amount of non-patented drugs in its hands, and it is also possible that some of them will be handed over to a pharmaceutical factory in Chongqing for processing.
According to statistics, as early as 2001, Bayer authorized Tong Junge to exclusively sell the new lipid-lowering drug “Bai Si Ting†in Sichuan and Chongqing.
Bayer wants to build a base for pharmaceutical chemical raw materials
It is reported that the Bayer Group intends to establish a pharmaceutical chemical raw material base in Chongqing. As of now, Bayer has conducted two rounds of market surveys in Chongqing.