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Bayer AG announces it has agreed to pay US$10 billion to resolve thousands of lawsuits regarding claims that the Monsanto herbicide Roundup causes cancer. Court-appointed mediator Kenneth Feinberg says the deal is a "constructive and reasonable" resolution.
2020-06-24

Bayer and Johnson & Johnson announce that they have reached a $775 million agreement to settle approximately 25,000 outstanding litigation cases, which claim that their drug Xarelto caused severe and sometimes fatal bleeding episodes. Bayer and Johnson & Johnson had successfully defended the safety of the drug in all six prior cases that went to trial.
2019-03-25

Pharmaceutical company Bristol-Myers Squibb proposes the takeover of cancer drug company Celgene for US$95 billion, including debt, the biggest biopharma deal ever.
2019-01-3

The German chemical and pharmaceutical company Bayer is to cut 12,000 jobs by the end of 2021 as part of an overhaul following its acquisition of Monsanto earlier in 2018.
2018-11-29

A jury in the U.S. state of California awards $289 million to a man who claims that his terminal cancer was caused by Monsanto's glyphosate-containing weed killer.
2018-08-10

A study funded by Bayer and Syngenta confirms that neonicotinoid insecticides kill queen and worker bees.
2017-06-30

Bayer reproposes to buy Monsanto at a new exchange of US$65 billion including debt.
2016-09-6

The U.S. Justice Department announces pharmaceutical companies Genentech Inc. and OSI Pharmaceuticals Inc. will pay $67 million to settle False Claims Act allegations for misleading statements about the effectiveness of the drug Tarceva in treating non-small-cell lung carcinoma.
2016-06-7

American agrochemical and agricultural biotechnology company Monsanto rejects an unsolicited $62 billion takeover bid by German pharmaceutical giant Bayer, saying the price was too low but adding that it remained “open to further talks.”
2016-05-24

Germany's Bayer AG makes an unsolicited bid valued at $62 billion cash to takeover American company Monsanto to create the world's largest agricultural chemical company.
2016-05-23