Bayer to invest 4 billion euros in R&D this year: Bild

German drugs and chemicals group Bayer plans to invest 4 billion euros ($4.54 billion) in research and development this year, its chief executive told Germany's Bild newspaper.

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Bayer crown prince vows independence for diversified drugmaker

Werner Baumann, seen as heir apparent to Bayer Chief Executive Marijn Dekkers, says he will fight for the independence of Germany's largest drugmaker after the spin-off of its plastics unit.

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