The drug, Avastin, could hit the market by year-end, joining existing anticancer chemicals and radiation as standard therapy for colon cancer--and it could end up working against other cancers.

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And absent a price on carbon, biomass-based chemicals and fuels need to be less expensive than existing products, not at price parity.

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Critics of existing scrubber technology however point out that the technology only removes the toxic chemicals from the atmosphere at the expense of depositing them in the ocean as contaminated waste water.

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The other two divisions in question are chemicals and a new polymers division formed by merging Bayer's existing rubber, plastics, polyurethanes, and coatings and colorants business groups.

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