Bayer issues pile up as blood thinner drug trial fails. The company’s shares plummeted 16.4% to a 12-year low. The drug was anticipated to generate annual sales exceeding 5 billion euros. Bayer, Germany’s pharmaceutical giant, has terminated a significant late-stage trial for its new anti-clotting drug due to insufficient efficacy, casting uncertainty over its most … Read more
Bayer and BASF were ordered to pay $60 million in punitive damages to Missouri peach farmer. Bill Bader said dicamba drifted onto his orchard and harmed his crops. Federal appeals court rules that jury was wrongly told to assess punitive damages for each company separately. Bayer AG (BAYGn.DE) and BASF (BASFn.DE) have won another preliminary … Read more
Bayer’s Roundup weedkiller did not cause an Oregon man’s cancer, jury finds. It is the firm’s fourth consecutive trial victory over such claims. Bayer has spent billions of dollars to settle close to 100,000 Roundup cases in the U.S. alone. A U.S. jury viewed as Bayer’s (BAYGn.DE) Roundup weedkiller didn’t cause an Oregon man’s malignant … Read more
Switzerland’s highest court has ordered Monsanto to pay back 10 years’ worth of waived taxes after it left the Vaud region early following its takeover by Bayer, according to a ruling. The US agrochemical giant was ordered to hand over 34 million Swiss francs ($36.9 million, €32.7 million) to the western Vaud canton where its … Read more
Being a successful entrepreneur with over three decades of experience of working with top companies dealing in agricultural inputs, Muhammad Asim started his career as technical sales officer in Ciba-Geigy after doing master’s in agriculture from the University of Agriculture Faisalabad in 1990. Asim is now the regulatory science team lead of crop science division in … Read more
