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Tag Archives: Bayer

Bayer commissions law firm to investigate the Monsanto stakeholder dossier

FRANKFURT (Reuters) – Bayer commissioned an external law firm on Sunday to investigate complaints by the French media that Monsanto, the US seed producer it acquired last year, has produced a file of influential figures. FILE PHOTO: Werner Baumann, CEO of the German pharmaceutical and chemical group Bayer AG, attends the Annual General Meeting on April 26, 2019 in Bonn. …

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Bayer claims to tolerate no unethical behavior, as France examines the Monsanto file

FILE PHOTO: Bayer's Roundup weed killers are offered for sale in a garden shop near Brussels, Belgium. November 27, 2017. REUTERS / Yves Herman / File photo 11. May 2019 FRANKFURT (Reuters) – Bayer declared Saturday that after a French investigation into a suspected case compiled by Monsanto, a German seed producer, it did not accept "unethical behavior" to influence …

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Bayer closes all Pittsburgh operations, nearly 600 affected employees – CBS Pittsburgh

Follow KDKA-TV : Facebook | Twitter PITTSBURGH (KDKA) – Bayer Corporation has announced that it has closed its entire operations in Pittsburgh. The closure will take place over the next two years and 569 employees and 69 contractors in the company's Robinson Township concern location along Parkway West. The iconic company, long identified with Pittsburgh, told its employees Monday morning …

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Richter reduces jury award against Bayer Roundup to $ 78.5 million

A Californian judge reduced a $ 200 million jury verdict on Monday Bavarian AGs BAYRY -2.16% Roundup weed killers for cancer, but confirmed the findings of the jury that the company acted with malice. San Francisco Superior Court Judge Suzanne Ramos Bolanos said the $ 250 million fine Damage granted by the jury must be reduced to meet the $ …

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Champagne Remark May Costs Attorney $ 289 Million Bayer Award

(Bloomberg) – The lawyer who is most responsible for getting a $ 289 million judgment against Bayer AG could stop it. Brent Wisner was the senior litigation attorney who convinced a jury from Monsanto Co. in August. Roundup weed killer caused his client's cancer. His compelling arguments and marshaling of evidence led to a blockbuster ruling that exposed investors to …

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Bayer says the integration of Monsanto can begin

FRANKFURT (Reuters) – Bayer ( BAYGn.DE ) may begin to integrate Monsanto into its organization as the antitrust sale of assets has been completed and the final requirements of the US Department of Justice, the US Department of Justice Ministry of Justice, were met German pharmaceutical manufacturers said Thursday. FILE PHOTO: The company logo of Bayer can be seen on …

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Bayer investors inherit hard-to-predict Monsanto risk

by                       Joel Rosenblatt and Lydia Mulvany Bayer investors can take heart that a $ US289 million ($ 400 million) verdict against their newly acquired Monsanto unit wants to be challenged on appeal, but they're not wrong to dread thousands more lawsuits alleging that the company's Popular Roundup herbicide causes cancer. Some financial analysts predicted the Aug. 10 jury award in …

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Roundup cancer rating slides Bayer stock

FRANKFURT (Reuters) – Bayer stock ( BAYGn.DE ) plunged 14 percent on Monday, losing around $ 14 billion after the newly acquired Monsanto paid $ 289 million in damages The first of possibly thousands of US lawsuits alleged alleged links between a herbicide and cancer. Following a ruling in favor of a California school intern with terminal cancer, Monsanto faces …

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