Bayer has hired Marianne De Backer, a former Johnson & Johnson executive, to manage its acquisitions and licensing deals, according to Endpoints News.
Ms. De Backer will serve as Bayer's head of business development and licensing for its pharmaceuticals division.
She joins from rival J&J, where she led business development efforts in various regions.
"Her breadth of experience in successfully forming and managing external alliances will be one of the key drivers for Bayer’s continued growth, ultimately aimed at providing new medicines and solutions to patients," Bayer's pharma division chief Stefan Oelrich, told Endpoints News.