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Bayer Aktiengesellschaft (BAYN.SW)

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  • Reuters

    UPDATE 1-Juror urges U.S. judge to uphold $80 mln Roundup verdict against Bayer

    A juror who was part of a panel that delivered an $80 million award against Bayer AG after finding that its glyphosate-based weed killer Roundup caused a man's cancer has urged the presiding judge to uphold the decision. A letter from the juror written on July 4 was posted to the court docket on Monday as part of legal filings by Bayer. The company accused the juror of bias and called on the judge to disregard the letter in his decision making.

  • Reuters

    Bayer seeks approval to treat children with blockbuster drug Xarelto

    Bayer will apply for approval to make its blockbuster blood thinner Xarelto available for treating children, the German company said on Monday, after a study showed strong efficacy and safety in children with thromboembolism. Bayer added that it would submit an application to the European Medicines Agency for an extension of the Xarelto marketing authorisation. Xarelto is Bayer's best-selling drug and contributed 3.6 billion euros ($4.04 billion) in revenue to the group's pharmaceutical business last year.

  • Reuters

    UPDATE 1-Sydney's city council reviews use of Bayer's Roundup weed killer amid cancer fears

    Sydney's city council said on Friday it was reviewing its weed management, which included the use of Bayer AG's Roundup, after other councils in Australia began cutting ties with the product amid concerns about possible links to cancer. The council, which covers the city's business centre, was "reviewing (its) weed management methods and investigating other technologies", a spokeswoman told Reuters in an email, a day after a strike by workers at a nearby council pressured it into trialling an alternative weedkiller. The City of Sydney council currently used Roundup "as a last resort ... when non-pesticide methods such as hand-weeding and mulching have been ineffective", and began testing alternative products in late 2018, the spokeswoman added.