Bayer Aktiengesellschaft
ISIN: DE000BAY0017
WKN: BAY001
19 November 2023 11:47PM

EQS-Adhoc: Bayer Aktiengesellschaft: OCEANIC-AF study stopped early due to lack of efficacy

Bayer Aktiengesellschaft · ISIN: DE000BAY0017 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1776651

EQS-Ad-hoc: Bayer Aktiengesellschaft / Key word(s): Study results
Bayer Aktiengesellschaft: OCEANIC-AF study stopped early due to lack of efficacy

19-Nov-2023 / 23:47 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Leverkusen/Berlin, November 19, 2023 – OCEANIC-AF, a phase III study investigating asundexian compared to apixaban (a direct oral anticoagulant) in patients with atrial fibrillation at risk for stroke is being stopped early. This decision is based on the recommendation of the study’s Independent Data Monitoring Committee (IDMC) as part of ongoing surveillance which showed an inferior efficacy of asundexian versus the control arm. Bayer will further analyze the data to understand the outcome and publish the data.

Available safety data are consistent with previously reported safety profiles of asundexian. The IDMC recommends continuing the OCEANIC-STROKE phase III study as planned. Appropriate measures will be taken to close the OCEANIC-AF study and patients will be contacted by their treating physicians/investigators to discuss next steps.

Asundexian is an investigational agent and has not been approved by any health authority for use in any country, for any indication.

Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

Contact:
Mr. Peter Dahlhoff, Bayer AG, Investor Relations, Tel.: +49 214 60001494 , e-mail: peter.dahlhoff@bayer.com


End of Inside Information

Information and Explanation of the Issuer to this announcement:

About Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2022, the Group employed around 101,000 people and had sales of 50.7 billion euros. R&D expenses before special items amounted to 6.2 billion euros. For more information, go to www.bayer.com.

Contact for investor inquiries:
Bayer Investor Relations Team, phone +49 214 30-72704
Email: ir@bayer.com
www.bayer.com/en/investors/ir-team
 

19-Nov-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Bayer Aktiengesellschaft
Kaiser-Wilhelm-Allee 1
51373 Leverkusen
Germany
Phone: +49 (0)214 30-72704
E-mail: ir@bayer.com
Internet: www.bayer.com
ISIN: DE000BAY0017
WKN: BAY001
Indices: DAX, EURO STOXX 50, Stoxx 50
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 1776651

 
End of Announcement EQS News Service

1776651  19-Nov-2023 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 39.586,00 43.545,00 41.400,00 44.081,00 50.739,00 47.637,00 46.000,00
EBITDA1,2 9.695,00 9.554,00 -2.910,00 6.409,00 13.515,00 10.632,00 10.000,00
EBITDA-Margin3 24,49 21,94 -7,03 14,54 26,64 22,32 21,74
EBIT1,4 3.454,00 4.189,00 -16.169,00 3.353,00 7.012,00 6.460,00 5.100,00
EBIT-Margin5 8,73 9,62 -39,06 7,61 13,82 13,56 11,09
Net Profit (Loss)1 1.711,00 4.110,00 -10.487,00 1.022,00 4.166,00 -2.942,00 2.800,00
Net-Margin6 4,32 9,44 -25,33 2,32 8,21 -6,18 6,09
Cashflow1,7 7.917,00 8.207,00 4.903,00 5.089,00 7.093,00 5.117,00 0,00
Earnings per share8 1,80 4,17 -10,68 1,02 4,22 -2,99 -3,40
Dividend per share8 2,80 2,80 2,00 2,00 2,40 0,11 0,11
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Deloitte

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Bayer
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
BAY001 DE000BAY0017 AG 18.603,18 Mio € 01.05.1948 Verkaufen 9F382X7M+F6
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
11,14 23,22 0,48 9,66 0,57 3,64 0,39
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
2,40 0,11 0,11 0,58%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
25.04.2025 13.05.2025 06.08.2024 12.11.2024 05.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,35%
18,94 €
ATH 146,20 €
-18,57% -27,54% -43,69% -42,10% +0,00%

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