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Bayer says fourth-quarter profit fell 33 percent on settlement ...

...Sales of Trasylol, a drug used during cardiac surgery to stem bleeding, rose by 34.5 percent to 230 million euros ($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 5.89 billion euros ($7.07 billion) while its MaterialScience unit, which produces and sells plastics, reported growth of 24.4 percent to 10.69 billion euros ($12.8 billion) in 2005.

Shares of Bayer were down nearly 3.8 percent to 32.52 euros ($39.08) in Frankfurt trading.

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Bayer 4Q Profit Falls 33 Percent

...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 5.89 billion euros ($7.07 billion) while its MaterialScience unit, which produces and sells plastics, reported growth of 24.4 percent to 10.69 billion euros ($12.8 billion) in 2005.Shares of Bayer were down nearly 3.8 percent to 32.52 euros ($39.08) in Frankfurt trading.

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This material may not be published, broadcast, rewritten, or redistributed.) Related Links Bayer Advertisement "Our strategic realignment toward innovation and growth has brought a sustained improvement in the Bayer group's earning power," Chief Exec Werner Wenning said.

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