Bayer purchases heart drug for up to $310 mln

02:45am, Monday, 04'th Mar 2024
Bayer said on Monday it acquired the exclusive marketing rights for Europe for a new drug that is under regulatory review to treat a rare, potentially fatal heart disease for up to $310 million upfron
BridgeBio Pharma has granted German drugmaker Bayer an exclusive license to commercialize its heart disease drug in Europe, the companies said on Monday.
The Stoxx 600 index will be in the spotlight this week as the European Central Bank (ECB) delivers its second interest rate decision of the year. The index, which tracks the biggest European companies
Bayer is not planning to announce a split of its company at its Capital Markets Day next week, Handelsblatt said on Friday, citing people familiar with the matter.
Bayer said that the head of its consumer health division, Heiko Schipper, would be replaced by Julio Triana, currently the unit's head of commercial operations region international.
Bayer may have to ask shareholders for fresh capital to shore up its finances even after the debt-laden German drugmaker slashed dividends last week in its latest effort to get wiggle room, analysts s
Bayer announced plans to cut its dividend a staggering 95% over the next three years as it looks to recover from debt associated with its acquisition of Monsanto Co., which thrust the German corporati
Bayer (BAYRY) announced plans to cut dividends to pay out only the legally required minimum for three years in the wake of high debt and increasing legal costs.
Shares of Metagenomi Technologies , a genetic medicines company backed by Bayer Healthcare and Moderna , slumped 32% in their Nasdaq debut on Friday.
A U.S. appeals court on Monday refused to dismiss a lawsuit claiming that Bayer AG's Roundup weedkiller caused cancer, the latest setback in the company's efforts to fend off thousands of similar laws
Bayer was ordered to pay $2.25 billion after a Pennsylvania jury unanimously ruled that its Roundup weed killer gave a man cancer.
An Australian court on Tuesday heard closing arguments in a class action lawsuit alleging that a weedkiller produced by Bayer caused cancer, the first such case in Australia to reach this stage.
Shares in Bayer fell 5% on Monday after a Philadelphia jury told the German pharmaceutical company to pay $2.25 billion to a man who says he developed cancer due to using its Roundup branded weedkille
Bayer was ordered on Friday to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to the company's Roundup weedkiller, the man's attorneys said.
Bayer AG (ETR:BAYN, OTC:BAYZF) will find it tough to hit last year's targets and faces multiple adverse factors in 2024, said Stifel as it downgraded the German pharma giant and cut its share price t
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