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HEALTHCARE: Bayer (BAYNGR: Baa2 neg / BBB): Legal Win

HEALTHCARE

A Philadelphia court sided with Bayer yesterday concerning the treatment of warning labels on RoundUp.

  • This will make it easier for Bayer to defend future cases.
  • As of Dec 2023: Bayer was provisioning $6.3bn (EUR 5.7bn) for Glyphosate litigation.
  • Bayer equity is up >5% on the news.

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