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Updated: June 21, 2025
One of these comprised Bayer, Badische, and Berlin; the other Hochst, Cassella, and Kalle. "By pooling profits, by so arranging capitalisation that each company held stock in the other companies of its own cartel, and by other familiar means, the risks incident to the enormous expansion of the business and the immense increases of export trade were minimised.
He had just taken the degree of Doctor of Science in London University, and was on the eve of abandoning the adopted country of his parents for a position in the research laboratories of the Badische company, where he would be one among a number of chemists, running into hundreds, all engaged in research on gas-tar products.
It was a timely warning; but it need never have been issued if we had not allowed the manufacture of drugs, and especially those of the so-called "synthetic" group, to drift almost entirely into the hands of the Badische Aniline Fabrik, and kindred firms in Germany.
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