Bayer News

Bayer to Pay $1.6 Billion to End 90% of U.S. Claims for Essure Birth Control Device

German drugs and pesticides group Bayer said on Thursday it will pay around $1.6 billion to settle the majority of U.S. claims involving its Essure birth-control device. The agreement follows a $10.9 billion settlement in June of U.S. lawsuits claiming …

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 …

China’s Fosun Eyes Purchase of Bayer’s Animal Health Business: Sources

Fosun International Ltd. is considering a bid for Bayer AG’s animal-health business, people familiar with the matter said, a move that could mark a return to big-ticket deals for the Chinese conglomerate backed by billionaire Guo Guangchang. Fosun has held …

Bayer Detects and Covertly Monitors Cyber Attack – Before It Removes Threat

German drugmaker Bayer has contained a cyber attack it believes was hatched in China, the company said, highlighting the risk of data theft and disruption faced by big business. Bayer found the infectious software on its computer networks early last …

Big Pharma Resuming U.S. Price Hikes in January After Pause: Reuters Report

Novartis AG and Bayer AG are among nearly 30 drugmakers that have taken steps to raise the U.S. prices of their medicines in January, ending a self-declared halt to increases made by a pharma industry under pressure from the Trump …

Bayer to Discontinue Sales of Essure Birth Control Device as U.S. Lawsuits Mount

The maker of a permanent contraceptive implant subject to thousands of injury reports and repeated safety restrictions by regulators said Friday that it will stop selling the device in the U.S., the only country where it remains available. Bayer said …

Judge Nixes $28 Million Xarelto Jury Award in Victory for Bayer, J&J

A Pennsylvania state court judge on Tuesday overturned a $27.8 million jury award to an Indiana couple who accused Bayer AG and Johnson & Johnson of failing to warn of internal bleeding risks of their drug Xarelto, the companies said. …

Jury Says J&J, Bayer Must Pay $28 Million for Woman’s Injuries from Xarelto Drug

Johnson & Johnson and Bayer AG are responsible for a woman’s injuries tied to the blood-thinning drug Xarelto and must pay almost $28 million in damages, jurors concluded in the companies’ first loss at a trial over the medicine. Lynn …

Third Jury Sides with J&J, Bayer Over Xarelto Drug Liability Claims

A federal jury has cleared Bayer AG and Johnson & Johnson of liability in the third case to go to trial out of thousands of lawsuits claiming the drugmakers’ blood thinner Xarelto led to severe internal bleeding. The verdict in …

Bayer CropScience Settles West Virginia Explosion Suit for $5.6M

Bayer CropScience LP has reached a $5.6 million settlement over an explosion at its Institute, West Virginia, facility that killed two people in 2008, U.S. authorities said on Monday. The company will spend $4.23 million to improve emergency preparedness and …