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Bayer hit by failure to cap risk from weedkiller cases


4 Min Read
FRANKFURT (Reuters) -Bayer shares dropped as much as 5% on Thursday after a U.S. judge rejected its plan to try and limit the cost of future class action claims that its Roundup weedkiller causes cancer.
The German group called into question the future sale of glyphosate-based products to gardeners in the U.S., and said it would review plans to settle around 30,000 legal claims, after the judge called Bayer’s plan to end years of litigation “unreasonable” on Wednesday.
“We will continue to assess financial risks as we move forward,” finance chief Wolfgang Nickl said in an analyst call, when asked if the estimate of the potential financial burden had been revised. ....

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New Bayer chairman faces sour investors in his first major tour


New Bayer chairman faces sour investors in his first major tour
Details
Bayer has lost about a third of its value so far this year
EXCERPT: The broadside from multiple shareholders highlights their continued unease with Bayer’s strategy a good two years after the German company bought Monsanto for about $63 billion. That takeover has come to be widely viewed as disastrous because, among other things, it saddled Bayer with massive legal bills tied to Monsanto’s controversial Roundup weedkiller, prompting open rebellion from shareholders against senior management.
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Eyk Henning and Tim Loh
BNN Bloomberg, Dec 8, 2020
Bayer AG Chairman Norbert Winkeljohann has spent the last few weeks meeting almost two dozen fund managers during his first major tour of the investment community since taking the job in April. The feedback hasn’t been altogether encouraging. ....

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Dr. Chris Stout: Pandemic Update – December 16, 2020


Dr. Chris Stout: Pandemic Update – December 16, 2020
LinkedIn
12/16/2020
© Provided by LinkedIn
Welcome to this Week’s Newsletter – A Convenient Digest and Curated Collection of Verified News and Studies Related to Global Health and Humanitarian Intervention
A guide to who can safely get the Pfizer/BioNTech Covid-19 vaccine
A Covid-19 vaccine rollout is underway across the U.S., but there are still questions about who ought to and can get the vaccine. Here s what we know: 
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Pregnant and lactating people: Although none of the trials used to approve the Pfizer/BioNTech vaccine included this group, the CDC said that pregnant and lactating women should be given the option to take the vaccine if they choose to. ....

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