Schering AG

Schering AG was a research-centered German multinational pharmaceutical company headquartered in Wedding, Berlin, which operated as an independent company from 1851 to 2006. In 2006, it was bought by Bayer AG and merged to form the Bayer subsidiary Bayer Schering Pharma AG, which was renamed Bayer HealthCare Pharmaceuticals in 2011. Schering was listed on the Frankfurt Stock Exchange and had 26,000 employees as of 2004. The American pharmaceutical company Schering-Plough, formerly the Schering Corporation, was originally the US subsidiary of Schering AG, and merged with Merck & Co. in 2009. History In 1851, Ernst Christian Friedrich Schering opened the Grüne Apotheke (Green Pharmacy) in Berlin's Chausseestraße, and in 1871, converted into the name Chemische Fabrik auf Actien (formerly E. Schering). This date is the company's date of incorporation. The company grew strongly in the following years. In 1913, the company employed 935 workers, 112 master craftsman and 180 office employees. In addition to the Berlin site, two factories were also located in Russia (Moscow and Wydriza (Idritsa)) with over 1,000 workers and a plant in Great Britain. Turnover at the time was about 10 million German gold mark, created with the production of photochemicals and pharmaceuticals. Important products produced were salicylic acid, the antigout preparation atophan, various sleeping and disinfecting agents.