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BAYRY has been in the news recently: Bayer AG, led by CEO Bill Anderson, is undergoing significant restructuring, cutting 5,500 management roles to achieve $540 million in savings amid a substantial net loss of $4.1 billion and a 44% drop in market cap. Additionally, Bayer Pharmaceuticals has partnered with the Lung Cancer Research Foundation to establish a $500,000 award aimed at supporting innovative research for HER2-mutant lung cancers.
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