Articles by Ludwig Burger and Patricia Weiss

9 Coronavirus Vaccine Developers Pledge to Uphold Scientific Safety Standards

Nine leading U.S. and European vaccine developers pledged on Tuesday to uphold the scientific standards that their experimental immunisations will be held against, amid a hurried global race to contain the pandemic. The companies, including Pfizer, GlaxoSmithKline and AstraZeneca, in …

AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine

AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told Reuters. With 25 companies testing their vaccine candidates …

Bayer to Settle 100,000 Roundup Weedkiller Cancer Claims for $10.9 Billion

FRANKFURT/NEW YORK- Bayer AG, after more than a year of talks, agreed to pay as much as $10.9 billion to settle close to 100,000 U.S. lawsuits claiming that its widely-used weedkiller Roundup caused cancer, resolving litigation that has pummeled the …

Court Rebuffs EPA, Blocks U.S. Sale of Dicamba-Based Herbicide by Bayer, Rivals

A U.S. appeals court has blocked Bayer AG from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product. A three-judge panel of the 9th U.S. …

How Coronavirus Shutdown Impacts Bayer Stance in Glyphosate Settlement

Bayer said the economic downturn and the need to preserve cash means it is taking a tougher stance in talks to settle claims over accusations that its glyphosate-based weedkillers cause cancer, even as its earnings rose. The pandemic has significantly …

Bayer Anticipates Jump in Cancer Claims Linked to Roundup’s Glyphosate

Bayer expects the number of claims in the United States related to Roundup herbicide to have surged in the third quarter, as the German drugs and pesticides maker tries to reach a settlement after earlier court rulings against it. “With …

Daimler Recalls Thousands of Mercedes-Benz Vehicles over Diesel Emissions

German carmaker Daimler is recalling hundreds of thousands of Mercedes-Benz vehicles including Sprinter van models over diesel emissions issues. Daimler said late on Friday that Germany’s road traffic regulator KBA has concluded hearings over certain Mercedes-Benz vehicles with so-called OM651 …

Report Bayer Offered $8 Billion to Settle Roundup Claims Is ‘Fiction,’ Says Mediator

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% …

Bayer Shareholders React Positively About Plan to Resolve Glyphosate Lawsuits

Bayer shares jumped on Thursday after it revealed plans aimed at resolving multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has taken a sizable stake in the chemicals company. Shares in the German group, …

Monsanto May Have Kept Private Data on Europeans to Influence Pesticide Views

Bayer said on Monday its Monsanto unit, which is being investigated by French prosecutors for compiling files of influential people such as journalists in France, likely did the same across Europe, suggesting a potentially wider problem. French prosecutors said on …