In a legal blow to German chemical giant Bayer’s Monsanto unit lost a final appeal in a marathon legal battle in France in which it has been held liable for the accidental inhalation of a weedkiller by a crop farmer. In… Read More ›
Bayer AG
Bayer AG reaches $1.6 billion settlement agreement for U.S. lawsuits surrounding Essure birth control implantable device
German drugs and pesticides giant Bayer AG stated, it will pay around $1.6 billion to settle the majority of U.S. claims involving its Essure birth-control device. The agreement comes in the wake of a $10.9 billion settlement which it hammered… Read More ›
Bayer close to settling Roundup herbicide cases: mediator
In an interview to Bloomberg, Ken Feinberg, the mediator who is negotiating between cancer victims and Bayer stated, the the German pharmaceutical and life sciences company is close to settling more than 75,000 cancer claims related to its Roundup herbicide,… Read More ›
Bayer hires law firm Sidley Austin for investigating pan-Europe influence scheme by Monsanto
Bayer has its hands full due to U.S. class-action lawsuits revolving around Monsanto’s Roundup weed killer which has glyphosate which causes cancer. In a statement, Bayer AG said it has hired Sidley Austin, a law firm to investigate a Europe-wide… Read More ›
Bayer faces strong legal headwinds, gains shareholders backing despite AGM rebuke
It would be interesting to see Bayer’s due diligence for its acquisition of Monsanto since even before Bayer’s $63 billion acquisition of Monsanto, the latter was facing lawsuits related to its Roundup weedkiller. According to two of Bayer’s largest German… Read More ›
Monsanto wins court battle in India for its GM cotton seeds
The ruling from India’s highest court assumes significance since India is the world’s No. 1 cotton producer. On Tuesday, India’s Supreme Court ruled in favor of Monsanto and allowed it to claim patents on its genetically modified cotton seeds, said… Read More ›
Legal costs will determine whether Bayer AG would settle glyphosate related cases
According to one of the attorneys for the plaintiff, Bayer’s claims on glyphosate were “hypocritical beyond belief” given its own efforts to control the message on glyphosate, the most recent of which is a full-page advertisement in the Washington Post…. Read More ›
California court rules Nufarm’s glyphosate-based herbicide caused cancer
Given the widespread usage of glyphosate in agriculture, no wonder investors are jittery. Although Bayer-owned Monsanto has stood by its stance that its herbicide is safe for human use, in practice taken steps to reduce concentration levels of the chemical… Read More ›
Bayer AG and Johnson & Johnson get court reprieve in $27.8 million lawsuit
The verdict piles on top of 3 previous verdicts which have acquitted the drugmakers in lawsuits related to the drug Xarelto. The ruling could add as a precedent to the 21,400 lawsuits that J&J is facing in federal and state… Read More ›