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Bayer CEO confident firm can cope with Xarelto hit

  • Bayer CEO Bill Anderson expressed confidence in managing the sales decline of Xarelto amid Q1 challenges worldwide.
  • The decline resulted from generic competition in Europe and Japan and Xarelto's US patent expiry in May 2025.
  • Bayer offset losses with strong growth in new products like Nubeqa, Kerendia, and Eylea, while also advancing cost-reduction plans.
  • Xarelto sales fell nearly 33% to $633 million in Q1, while Nubeqa rose 78% to $515 million and Eylea grew almost 5%.
  • Anderson maintained Bayer's full-year guidance despite expected pharma sales dipping about 1%, citing launch momentum and tariff uncertainty.
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כלכליסט- www.calcalist.co.il broke the news in on Tuesday, May 13, 2025.
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