Stefan Oelrich (Bayer)

What can a 157-year-old phar­ma gi­ant bring to the ta­ble of cell and gene ther­a­pies? Quite a bit, Bay­er says

By now, Bay­er has sketched out in bold strokes some grand plans for cell and gene ther­a­py, ce­ment­ed by big-dol­lar ac­qui­si­tions of plat­form com­pa­nies.

But just how do you stitch to­geth­er a new unit burst­ing with the newest ideas with­in a sto­ried phar­ma?

Ste­fan Oel­rich, the head of Bay­er’s phar­ma di­vi­sion, briefly lift­ed the cur­tain and spot­light­ed three key fac­tors as he took the stage on a vir­tu­al me­dia day, flanked by Emile Nuwaysir and Sheila Mikhail, the chiefs of Blue­Rock and AskBio, who each in­tro­duced their work in a way you’d ex­pect from a biotech CEO.

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