Frankfurt | Reuters — Bayer is considering job cuts and outsourcing as part of a wide-ranging review of drug research and development that will last until at least November, a […] Read more
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Tag Archives bayer
With drugs pipeline in focus, Bayer seen considering cuts
Brazilian court overturns ban on glyphosate
Brasilia | Reuters — A Brazilian court on Monday overturned an injunction banning products containing the herbicide glyphosate, knocking down a previous ruling that had been set to disrupt the […] Read more
Roundup cancer verdict sends Bayer shares sliding
Frankfurt | Reuters — Bayer shares plunged as much as 14 per cent on Monday, losing about US$14 billion in value, after newly acquired Monsanto was ordered to […] Read more
Glyphosate maker Monsanto ruled liable in U.S. cancer trial
Reuters — A California jury on Friday found Monsanto liable in a lawsuit filed by a man who alleged the company’s glyphosate-based herbicides, including Roundup, caused his cancer and ordered […] Read more
U.S. judge allows Roundup-related suits to go to trial
Reuters — Hundreds of lawsuits against Monsanto Co. by cancer survivors or families of those who died can proceed to trial, a federal judge ruled on Tuesday, finding there was […] Read more
Brazil judge orders Monsanto to deposit royalties related to GMO seed
Sao Paulo | Reuters — A Brazilian judge has ordered local units of Monsanto to put royalties related to a GMO soy seed technology in an escrow account, in a […] Read more
With deal to close this week, Bayer to retire Monsanto name
Frankfurt | Reuters — Germany’s Bayer will wrap up the US$63 billion takeover of Monsanto on Thursday and also retire the U.S. seed and chemical firm’s 117-year-old name. The German […] Read more
Canada clears Bayer’s Monsanto play, with conditions
Canada’s Competition Bureau says it’s “actively reviewing” BASF’s suitability as a buyer of the crop seed and chemical assets Bayer has to sell to get the bureau’s blessing to buy […] Read more
Bayer wins U.S. nod for Monsanto deal to create ag giant
Frankfurt/Washington | Reuters — Bayer won U.S. approval for its planned takeover of Monsanto after agreeing to sell about US$9 billion in assets, clearing a major hurdle for the US$62.5 […] Read more
Bayer cuts Monsanto synergy target on divestments
Bonn | Reuters — Bayer said positive synergy effects from the planned takeover of U.S. seeds and chemical firm Monsanto would be about US$300 million below its previous target because […] Read more