Judge slashes Bayer $1.56 billion Roundup verdict to $611 million
By Nate Raymond and Jonathan Stempel (Reuters) – A Missouri judge slashed a $1.56 billion verdict against Bayer to $611 million for three people who …
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Bayer says to outsource some aspects of pharma business in Africa
NAIROBI (Reuters) – Germany’s Bayer will contract a third party to distribute its pharmaceutical products in four African markets including Kenya, it said, adding that …
Bayer plans US expansion despite blood thinner drug setback
By Patrick Wingrove SAN FRANCISCO (Reuters) – Germany’s Bayer will continue its expansion into the U.S. despite its November announcement that its promising blood thinner …
Bayer ordered to pay $3.5 million in latest Roundup weedkiller trial
By Brendan Pierson (Reuters) – Bayer was ordered on Tuesday to pay nearly $3.5 million by a Philadelphia jury that found the company’s Roundup weedkiller …
Bayer CEO says tougher cash outlook will be considered in overhaul
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Bayer’s strategic review will consider a potentially tougher outlook for cash flows, its CEO said on …
Bayer says it is keeping strict line on settling glyphosate litigation
FRANKFURT (Reuters) – Bayer’s finance chief said on Wednesday that the drugs and pesticides maker would remain very selective when considering any further settlements of …
Bayer investor urges rethink after latest glyphosate defeat
By Patricia Weiss and Svea Herbst-Bayliss (Reuters) – Bayer investor Union Investment called on Wednesday for the German company to reconsider its litigation strategy for …
European shares run out of steam by close as Bayer, energy stocks weigh
By Ankika Biswas and Sruthi Shankar (Reuters) -Europe’s benchmark STOXX 600 was unchanged on Thursday as a drag by Germany’s Bayer and energy stocks offset …
Bayer hits 8-month high as investors welcome CEO change
BERLIN (Reuters) -Bayer shares rose as much as 5% in early Thursday trading to an eight month high, adding to gains from the day before …
Bayer investor calls for swift replacement of CEO: newspaper
FRANKFURT (Reuters) – Bayer investor Deka has called for CEO Werner Baumann to be replaced ahead of his scheduled departure, adding to mounting pressure on …
Investor Ubben takes 0.8% stake in Bayer, boosting share price
FRANKFURT (Reuters) – Activist investment fund Inclusive Capital Partners, run by hedge fund veteran Jeffrey Ubben, said on Monday it had acquired a 0.83% stake …
Bayer, Oregon finalize $698 million PCB pollution settlement
By Brendan Pierson (Reuters) – Bayer AG has finalized a $698 million settlement with the U.S. state of Oregon to resolve claims that it polluted …
French farmer wins $11,700 in Bayer pesticide fumes case
By Tassilo Hummel and Gus Trompiz PARIS (Reuters) -Germany’s Bayer has been ordered to pay compensation of 11,135 euros ($11,700) to a French farmer who …
Bayer estimates new GM soybean to reach 10% of Brazil’s 2022/23 planting area
SAO PAULO (Reuters) – Bayer AG’s agriculture unit in Brazil expects that its new genetically modified (GM) soybean Intacta2 Xtend will account for about 10% …
Bayer has started search for successor for CEO Baumann -Bloomberg
FRANKFURT (Reuters) – Bayer’s supervisory board has initiated a search for a successor to Chief Executive Werner Baumann, who has said he would not seek …
Bayer to Pay $40 Million to Resolve the Alleged Use of Kickbacks and False Statements Relating to Three Drugs
MINNEAPOLIS – Bayer Corporation, an Indiana corporation and manufacturer of pharmaceutical products, and its related entities, Bayer HealthCare Pharmaceuticals Inc., Bayer HealthCare LLC and Bayer …
Bayer initiates asundexian Phase III study program
BERLIN (Reuters) – Germany’s Bayer said on Sunday it was starting a Phase III study program to investigate the efficacy and safety of asundexian, an …
Mexican President says Bayer interested in continuing to invest in country
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador said on Tuesday that the chief executive of German diversified group Bayer Werner Baumann said the …
Bayer wins fourth Roundup weedkiller case in U.S
FRANKFURT – A U.S. jury found Bayer’s Roundup weedkiller did not cause an Oregon man’s cancer, the German agriculture and pharmaceuticals company said on Saturday, …
Bayer says Ukraine farmers progress with planting despite war
FRANKFURT – Farmers in Ukraine have made better-than-expected progress preparing their fields so far despite Russia’s attack on the country, the world’s largest supplier of …
Bayer gets shareholder rebuke for management remuneration
FRANKFURT – Shareholders of Bayer on Friday voted to reprimand the German drug and farming supplies maker for its top management pay scheme, after one …
Bayer shareholder Union Investment says CEO should stay on
FRANKFURT – Bayer shareholder Union Investment on Monday came out in support of the drugmaker’s chief executive serving out his full term after the CEO …
Bayer stops non-essential health and agriculture business in Russia
FRANKFURT – Germany’s Bayer on Monday stopped all spending in Russia and Belarus not related to essential products in health and agriculture, citing Russia’s “brutal …
Bayer rolls out short corn variety tolerant of weather extremes
By Karl Plume – Global farm chemicals and seeds maker Bayer will launch a corn variety in the United States next year that it says …