Also known as: BASF
BASF is a German multinational chemical company headquartered in Ludwigshafen. Founded in 1865, it is one of the world’s largest chemical producers and operates globally through numerous subsidiaries and production sites.
The global API market is projected to grow to USD 198.39 billion by 2030 from USD 144.20 billion in 2025, at a 6.6% CAGR. Oncology, rare disease and diabetes pipelines are key growth drivers.
AstraZeneca announced a $15 billion investment in Chinese R&D facilities through 2030, elevating China to a global innovation hub, while former China chief Leon Wang faces charges for unlawful data collection, illegal trade, and medical insurance fraud.
