Bayer AG News

Federal Court Blocks California Cancer Label on Bayer’s Roundup Weed Killer

A federal court on Monday blocked California from requiring that Bayer AG label its glyphosate-based weed killer Roundup with a cancer warning, handing the company a victory in its ongoing litigation over the product. In his ruling, U.S. District Judge …

Bayer Fights Jury Loss in Bid to Minimize Roundup Payouts

If Bayer AG wants to keep total Roundup liability capped at $10 billion, it may be crucial to get a 2018 California court verdict overturned. On Tuesday, the German chemical giant will ask the state appeals court to toss a …

Bayer Reaches Deals on Big Share of 125,000 Roundup Weedkiller Suits

Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations. The deals, which have yet to be signed and …

Bayer Takes Tough Stance In Glyphosate Settlement Talks Due To Downturn

FRANKFURT — 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 …

Bayer Effort to Settle Roundup Cancer Cases Slowed By COVID-19

Bayer AG is blaming the spread of the coronavirus for slowing negotiations aimed at resolving lawsuits that claim its controversial Roundup weedkiller causes cancer and is asking consumers to settle for less, according to people familiar with the talks. The …

Bayer Pays $39.5 Million to Settle Roundup False-Ad Lawsuits

Bayer AG agreed to pay $39.5 million to settle allegations that its Monsanto unit ran misleading ads about the controversial Roundup weedkiller and its potential health risks to humans and animals. As part of the deal, language will be removed …

Bayer Investor Sues Top Officials for ‘Disastrous’ Monsanto Deal

A Bayer AG investor sued the board and other top company officials, claiming the “disastrous” 2018 acquisition of Monsanto Co. eroded the company’s share value by saddling it with potentially billions of dollars in liability from Roundup lawsuits. Bayer AG’s …

Bayer Cools Prospect Of Imminent Glyphosate Settlement

German drugs and pesticides company Bayer was at pains on Thursday to quell expectations it was nearing an out-of-court settlement laying to rest claims its glyphosate-based cause cancer. Bayer said after publishing its earnings outlook for 2020 it was in …

Bayer’s Roundup Woes May Force It to Sell Assets or Borrow

Bayer AG acknowledged for the first time that lawsuits related to the controversial weed killer Roundup could force it to sell assets, issue new equity or borrow money at unfavorable terms. In its annual report published Thursday, Bayer said that …

Bayer’s Chairman to Leave as Company Fights Roundup Suits

Bayer AG Chairman Werner Wenning will step down as the German drug and chemicals company wrestles with the growing fallout from U.S. lawsuits over its Roundup weedkiller. Wenning will be succeeded in April by Norbert Winkeljohann, 62, who has served …