Bayer wants to build a base for pharmaceutical chemical raw materials

It has been reported that the Bayer Group is considering establishing a pharmaceutical chemical raw material base in Chongqing. To date, the company has already carried out two rounds of market research in the region, showing its serious interest in the local industry and potential for expansion. Recently, Bayer has opened an office in Chongqing and is currently in active discussions with the Chongqing Changshou Chemical Industrial Park regarding potential investment opportunities. The initial plan involves launching a chemical production project within the industrial park, aiming to supply cost-effective raw materials for Bayer’s pharmaceutical operations. Given that Changshou Chemical Industrial Park specializes in products such as natural gas-based methanol, acetic acid, acetylene, chlor-alkali, and fine chemicals, Bayer could benefit from on-site procurement, significantly reducing its operational costs. Moreover, Bayer holds a substantial portfolio of non-patented drugs, and there are indications that some of these may be outsourced to a local pharmaceutical factory in Chongqing for manufacturing. This move could not only strengthen Bayer’s supply chain but also support the development of the local pharmaceutical sector. According to historical data, Bayer had already authorized Tong Junge to exclusively distribute its lipid-lowering drug "Bai Si Ting" in Sichuan and Chongqing as early as 2001. This long-standing partnership highlights the company’s continued confidence in the region’s market potential and its commitment to expanding its presence in China. With this new initiative, Bayer seems to be taking another significant step toward deepening its integration into the Chinese pharmaceutical and chemical industries.

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