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Tag: bayer

Bayer Drug Trial

Bayer’s Legal Woes: Company Shares Plunge by 20% as Trial of Promising Drug Unexpectedly Halts

Bayer’s stock dropped over 20% after halting a drug trial and facing a $1.56 billion Monsanto Roundup verdict. The company faces legal challenges with its products, including the failed anti-thrombotic drug asundexian. Despite setbacks, Bayer is confident in defending glyphosate’s safety, the active ingredient in Roundup, and plans to appeal recent rulings. The company navigates…

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