Bayer Pharmaceuticals (Hollister-Stier) was acquired by Jubilant Organosys, Ltd
In 2007, Bayer Pharmaceuticals (Hollister-Stier) was acquired by Jubilant Organosys, Ltd. Hollister-Stier became Bayer Pharmaceuticals in 1995 with Bayers’ acquisition of Cutter in 1974 and Miles in 1978.
Hollister-Stier Laboratories, located in Spokane, was founded by chemist Guy Hollister and Robert E. Stier, M.D. in 1921, and began partially as the result of Mrs. Hollister’s “summer cold,” which Hollister and Stier discovered was caused by grasses in the Spokane area. The two friends developed a vaccine to help Mrs. Hollister, and the company became the leader in allergen extracts.
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