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Bayer more stringent in glyphosate settlement talks due to downturn

FRANKFURT (Reuters) – German drugs and pesticides company Bayer said the economic downturn has prompted it to take a tougher stance in talks to settle claims its glyphosate-based weedkillers cause cancer, even as its earnings rose. The pandemic has significant... More »

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Bayer says Oct. U.S. glyphosate trial delayed until further notice

(This October 6 story has been refilled to correct “until February” to “until further notice” in headline and “new court date” to “court status conference” in paragraphs 1 & 6) FRANKFURT (Reuters) – A pending U.S. lawsuit over claims related to Bayer’s (BAYGn.... More »

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Bayer mediator dismisses report of $8 billion Roundup settlement

NEW YORK/FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as 11% high... More »

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Bayer hits back at new Netflix medical device documentary

NEW YORK (Reuters) – Bayer AG disputed accusations in a new Netflix documentary that claims medical device makers and the U.S. Food and Drug Administration placed profits before patient safety. The company, in a statement released Thursday night, said the docu... More »

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Bayer to phase out Essure birth control device in U.S.

NEW YORK (Reuters) – Life sciences company Bayer AG said on Friday it would discontinue the sale of its birth control product Essure in the United States, citing a decline in sales of the implantable device that made the business no longer sustainable. The dec... More »

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U.S. FDA restricts sale of Bayer’s Essure birth control device

(Reuters) – The U.S. Food and Drug Administration (FDA) on Monday slapped restrictions on the sale of Bayer AG’s implanted birth control device Essure, two years after the agency put a severe warning label on the product. The FDA said here some women were not ... More »

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Bayer, J&J win reversal of $28 million verdict in Xarelto lawsuit

FILE PHOTO: The logo of Bayer AG is pictured at the Bayer Healthcare subgroup production plant in Wuppertal, Germany February 24, 2014. REUTERS/Ina Fassbender/File Photo (Reuters) – A Pennsylvania state court judge on Tuesday overturned a $27.8 million jury aw... More »

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Bayer pharmaceuticals head says there’s no pipeline problem

LEVERKUSEN, Germany (Reuters) – Bayer is seeking to defend its pharmaceuticals business that will be diluted in importance by the takeover of Monsanto and faces a threat to revenues in 2024 when the blockbuster heart drug Xarelto loses its patent. The firm’s p... More »

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Bayer, J&J in frame for bigger anti-clotting market opportunity

Bayer and Johnson & Johnson's blockbuster clot prevention drug Xarelto was shown to cut the risk of potentially deadly strokes and heart attacks in patients with severe atherosclerosis by 24 percent, raising the prospects of billions more in sales. More »

Bayer says will halt future U.S. sales of insecticide

CHICAGO The agricultural unit of German chemicals company Bayer AG will halt future U.S. sales of an insecticide that can be used on more than 200 crops after losing a fight with the U.S. Environmental Protection Agency, the company said on Friday. Bayer lost ... More »

FDA approves Bayer’s electronic autoinjector for MS therapy

The first electronic automatic injector to deliver a drug for the most common form of multiple sclerosis received approval from the U.S. Food and Drug Administration on Friday. The injection delivers Betaseron, a disease-modifying drug approved 22 years ago by... More »