Bayer

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Chemical Brothers: Monsanto Acquired by Bayer for $66B

Bayer AG is paying big bucks to acquire the seed and weedkiller company

(Newser) - After months of courtship, German drug and farm chemical maker Bayer AG has finally reached an agreement to buy US seed and weedkiller company Monsanto, in a deal valued at $66 billion, the AP reports. In a statement Wednesday, Bayer said it's paying Monsanto shareholders $128 per share in... More »

4 Things to Know About the $62B Bid for Monsanto

Bayer announces specifics of its bid

(Newser) - A German company, in a country that's definitely no fan of genetically modified crops, has offered to buy the world's biggest producer of the seeds they come from for $62 billion—in cash. Bayer on Monday said its offer of $122 a share is a 37% premium over... More »

Erin Brockovich Has a New Target

Bayer's Essure sterilization device is 'perforating uteruses, colons'

(Newser) - Erin Brockovich, whose fight to clean a water supply took her story to Hollywood, has a new target: pharmaceutical giant Bayer. Its Essure sterilization device permanently prevents pregnancy without surgery via nickel-coated coils in the fallopian tubes. The coils create scar tissue that blocks off the tubes, an approach that... More »

Delta the Least Respected Brand in America

Pepsi, Coca-Cola are apparently the most respected

(Newser) - Poor Delta: It gets less respect than even Denny's and cigarette maker Philip Morris. A new survey of businesspeople finds the airline is the least respected of the brands studied, Yahoo Finance reports. The most respected? PepsiCo and Coca-Cola, in a tie. CoreBrand, a branding research firm, asked respondents... More »

Clinton & Co. Land Cheap Birth Control for World Poor

27M women affected in deal that halves the cost: Bill Clinton

(Newser) - Prices for long-acting contraception will be halved for 27 million women in the developing world through a new partnership, Bill Clinton and other world leaders announced yesterday. The deal will help avoid almost 30 million unwanted pregnancies and save an estimated $250 million in health costs, the partnership said. By... More »

BP Funding Tea Party's Climate Change Deniers

Big polluters give $240K to Senate campaigns

(Newser) - Big-time big-polluting European firms are funding the Tea Party's climate change deniers, finds the Guardian . The paper discovered that 80% of campaign donations from major European firms like BP and Bayer went to politicians opposed to action on climate change. Recipients include Tea Party-backed incumbents Jim DeMint and James Inhofe... More »

FDA Slaps Birth Control Giant Over Deceptive Ads

Bayer ordered to air clarifying spots for Yaz

(Newser) - Bayer Pharmaceuticals has just launched a $20 million ad campaign for Yaz, the country's most widely used birth control pill. But the ads aren't promoting the drug; rather, they're clarifying earlier commercials that seemed to say Yaz prevented acne and mood swings. As the New York Times reports, the FDA ... More »

Bayer Knew Pesticide Killed Bees, Critics Charge

(Newser) - A German prosecutor is investigating allegations that chemical giant Bayer CropScience knowingly sold a pesticide that kills honeybees, the Raleigh News & Observer reports. The investigation follows complaints from German beekeepers and environmentalists that the company covered up incriminating data on chlothianidine. In the US, meanwhile, an environmental group sued... More »

Stocks Tumble as Bayer Loses Patent for Contraceptive

Generic birth control pill could soon steal market

(Newser) - Bayer shares tumbled to a 12-month low yesterday after a US judge ended the pharmaceutical giant's patent on Yasmin, the company’s top-selling birth control pill. The ruling means rival Barr Pharmaceuticals may introduce a lower-priced generic version of Yasmin in the next few months, Bloomberg reports.  More »

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