cancer News

Bayer Mediator Dismisses Report of $8 Billion Roundup Settlement

NEW YORK/FRANKFURT — Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as …

Bayer Is Said to Seek $8 Billion Roundup Cancer-Claim Deal

Bayer AG is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations. An agreement, which could take months to work out, …

Bayer CEO Opens Door to Roundup Settlement as Lawsuits Swell

Bayer AG Chief Executive Officer Werner Baumann said he’d consider a “financially reasonable” settlement of litigation over the weedkiller Roundup as the caseload swells and the company’s shares slump anew. The number of lawsuits from people in the U.S. who …

J&J Would Rather Fight a Cancer-Warning Lawsuit on Baby Powder

Johnson & Johnson wants its day in court to fight a lawsuit intended to force it to put a cancer warning on the company’s Baby Powder. So, it’s urging a judge not to let a law firm that’s been arguing …

Bayer Called ‘Reprehensible’ on Roundup as Judge Cuts Award 69%

Even as Bayer AG got a jury verdict slashed to $25.3 million from $80.3 million in a California case alleging exposure to its Roundup weed killer causes cancer, the judge who made the cut found the company’s behavior “reprehensible.” U.S. …

J&J Gets New Trial After $417 Million Talc Verdict

Johnson & Johnson deserves a new trial after a jury ordered the world’s largest maker of health-care products to pay $417 million to a woman who blamed the company’s iconic Baby Powder for causing her cancer, an appeals court concluded. …

Bayer’s $80 Million Roundup Verdict Will Probably Be Cut

A federal judge said he’ll probably reduce — but not throw out entirely — an $80 million jury verdict against Bayer AG in the second case to go to trial over claims the company’s Roundup herbicide causes cancer. U.S. District …

Bayer Surges as Elliott Sparks Hope of Roundup Settlement

Bayer AG rose the most in a decade after hiring a high-profile lawyer to fight a slew of cases over its Roundup weedkiller and receiving a major vote of confidence from Elliott Management Corp. Bayer’s moves to bolster its response …

Bayer Dangles $5.6 Billion Olive Branch to Roundup Critics

Bayer AG will pump about 5 billion euros ($5.6 billion) of its research and development budget into alternatives to its weedkiller glyphosate over the next decade as it battles more than 13,000 lawsuits claiming the herbicide causes cancer. Trying to …

J&J, Colgate Ordered to Pay Almost $10 Million in Talc Case

Johnson & Johnson and Colgate-Palmolive Co. must pay almost $10 million to a dying California woman who blamed the companies’ talc-based products for her rare cancer. The jury verdict in state court in Oakland is another setback for J&J, the …