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Bayer Aktiengesellschaft (BAYN.SW)

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61.00+0.16 (+0.26%)
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  • Reuters27 days ago

    Los Angeles County sues Bayer's Monsanto over PCB contamination

    Los Angeles County sued Monsanto Co on Thursday, seeking to force the unit of Germany's Bayer AG to help pay for reducing PCB contamination in dozens of bodies of water. The most populous U.S. county, which has about 10.1 million people, said the presence of polychlorinated biphenyls (PCBs) in products sold by Monsanto many decades ago has caused widespread environmental contamination, forcing it to spend money to retrofit its stormwater systems and prevent further damage. Los Angeles County said Monsanto had long concealed its knowledge that PCBs were harmful, and created a public nuisance because their presence interferes with commerce, fishing, navigation, swimming and other water-based activities.

  • Reuters28 days ago

    Bayer to work with Foundation Medicine on cancer patient screening

    Bayer announced a collaboration deal with Roche's Foundation Medicine Inc. to develop a test for sequencing tumour genomes to identify patients who can benefit from Bayer's cancer drug hopeful Vitrakvi. Vitrakvi, which Bayer acquired from Eli Lilly's Loxo Oncology, has been shown to quell solid tumours that were triggered to grow by genetic changes known as NTRK fusions.

  • Benzinga28 days ago

    The Daily Biotech Pulse: Inovio's Partner Scales Back R&D Collaboration, Genmab Seeks Nasdaq Listing, Bayer Gets Breakthrough Therapy Designation

    Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling The Peaks (Biotech stocks hitting 52-week highs on May 28) Adverum Biotechnologies Inc (NASDAQ: ADVM ) Arrowhead ...