Bayer chief executive Werner Baumann was dealt a blow on Friday at the German chemical giant's annual general meeting, amid tensions over last year's decision to buy US seeds and pesticides maker Monsanto, as disgruntled shareholders voted against management.
German chemicals and pharmaceuticals giant Bayer said Thursday it would slash 12,000 jobs in a major restructuring following the takeover of Monsanto, enabling it to save 2.6 billion euros a year from 2022.
Germany’s biggest pharmaceuticals company has taken an enormous hit on the stock market after a court in the US ordered subsidiary company Monsanto to pay $290 million worth of damages to a terminally ill groundskeeper in California.
German chemicals and pharmaceuticals giant Bayer will discard the name Monsanto when it takes over the controversial US seeds and pesticides producer this week, the group said on Monday.
German pharma and chemicals giant Bayer said Friday that savings from its hoped-for takeover of US seeds and pesticides behemoth Monsanto will be smaller than previously thought.
French lawyers for women who say a contraceptive implant sold by German pharmaceutical giant Bayer Healthcare had caused a string of medical complications launched a lawsuit against the multinational on Friday.
German chemicals firm Bayer said on Monday it would not introduce genetically modified crops in Europe after its gigantic takeover of US seed and pesticide producer Monsanto.
Some of France's top chefs on Tuesday denounced the $66-billion takeover of controversial seed firm Monsanto by chemicals giant Bayer as a "danger for our dinner plates".
Monsanto said on Wednesday it was still open to a potential merger with Bayer, or to another big deal, as it reported lower earnings due to a tough agricultural market.
A proposed tie-up between Bayer and Monsanto may still face numerous hurdles but it has already inflamed opinion in Germany where most people oppose genetically modified foods.
German pharmaceuticals giant Bayer and the US group Monsanto said Thursday they are in talks on a possible merger to create a global player in pesticides, seeds and genetically modified crops, following weeks of speculation about a possible tie-up.
A woman who suffered what she believes were life-threatening side-effects from a contraceptive pill is now suing pharmaceuticals giant Bayer in what could become a landmark case.
An Indian court has rejected German drug giant Bayer's bid to block a generic version of its blockbuster cancer treatment Nexavar by a local drugmaker, a move hailed by activists on Saturday.
The United States government accused German pharmaceutical giant Bayer of making scientifically unproven statements about the health benefits of a popular probiotic on Friday.
Chinese authorities have visited an office of German pharmaceutical giant Bayer, the company said on Friday, making it the latest target in a probe of foreign drug firms over high prices.
Revelations that Western drug companies colluded with East Germany's communist regime to use more than 50,000 people as "human guinea pigs" in 1980s medical trials has sparked widespread outrage.
German pharmaceuticals giant Bayer, maker of Aspirin, vowed Monday to fight a ruling by the patent authorities in India allowing a local company to produce and sell a generic copy of its anti-cancer drug Nexavar.
Strapping blond goalkeeper Manuel Neuer was Bayern Munich’s hero on Wednesday night, stopping Real Madrid in a penalty shoot-out after a thrilling Champions League semi-final ended even at 3-3.
Germany’s pharmaceutical giant Bayer has made history by being the first firm ordered to give up control of a patented drug after an Indian court said its cancer drug Nexavar was too expensive.
The US Supreme Court has allowed the continuation of a class-action suit by alleged victims of the anti-cholesterol drug Baycol (known as Lipobay outside the US), which was taken off the market worldwide in 2001 by German pharmaceuticals giant Bayer.
The German pharmaceutical company Bayer faces a US lawsuit on behalf of a teenager who died from a blood clot allegedly linked to its YAZ contraceptive.
German chemical and pharmaceutical group Bayer posted an 8.4-percent increase in first-quarter net profit on Thursday while signalling improvement in its agricultural products division.
Brazil midfielder Renato Augusto trimmed Borussia Dortmund's Bundesliga lead to nine points with an excellent strike on Sunday to give second-place Bayer Leverkusen a 1-0 win at Mainz.
