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Bayer says 4Q net profit falls

...Sales of Trasylol, a drug used during cardiac surgery to stem bleeding, rose by 34.5 percent to euro230 million (US$276.5 million) in 2005.

Wenning said Bayer wants to widen its health care unit and would consider making acquisitions to expand its over-the-counter drug lineup - providing that targets fit Bayer's business plan.

Wenning made the remark at a news conference when asked whether Bayer would bid for Pfizer's over-the-counter division, if it were put up for sale.

Pfizer said last month it might sell or spin off the unit.

Bayer's crop science division had a slight decline in sales of less than 1 percent to euro5.89 billion (US$7.07 billion) while its MaterialScience unit, which produces and sells plastics, reported growth of 24.4 percent to euro10.69 billion (US$12.8 billion) in 2005.

Shares of Bayer were down nearly 3.8 percent to euro32.52 (US$39.08) in Frankfurt trading.

- On the Net: http://www.bayer.com Copyright 2005, by The Associated Press.

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