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HEALTHCARE: Bayer (BAYNGR: Baa2 neg/BBB/BBB): Loses Court Case

HEALTHCARE
  • Ordered to pay $78m in RoundUp case in Philadelphia. Small in the big picture
  • Bayer has won 14 of last 20 cases
  • The market is waiting to see what happens with the Supreme Court and if it will back Bayer's claim that the Federal Insecticide, Fungicide and Rodenticide Act (FIFRA) supersedes state level laws on product warnings. 
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  • Ordered to pay $78m in RoundUp case in Philadelphia. Small in the big picture
  • Bayer has won 14 of last 20 cases
  • The market is waiting to see what happens with the Supreme Court and if it will back Bayer's claim that the Federal Insecticide, Fungicide and Rodenticide Act (FIFRA) supersedes state level laws on product warnings.