Bayer HealthCare Pharmaceuticals is a subsidery firm of Bayer HealthCare which was incorporated in 2006.Berlex's German affiliate was acquired by Bayer to form Bayer HealthCare Pharmaceuticals, creating the seventh largest specialty pharmaceutical company worldwide with more than $11.7 billion in annual revenues. It has core strengths in specialty pharmaceuticals include Women's Healthcare, Diagnostic Imaging, Specialized Therapeutics, Hematology/Cardiology, Primary Care, and Oncology. It has its roots in radiology.