Monday, November 20, 2023

German chemical giant Bayer shares sunk to lowest in over a decade on $1.5bn Roundup verdict and drug failure

Bad business news coming out of the banana republic Germany!

The chemical and pharmaceutical industry was once one of the leaders in the German  and global economy!

BioNTech is one of the few exceptions and bright spots!

"Bayer AG suffered its biggest drop ever, losing about €7.6 billion ($8.3 billion) in market value, after major legal and drug-development setbacks that raise pressure on its new leader to outline a turnaround plan. ..."

Bayer shares sunk to lowest in over a decade on $1.5bn Roundup verdict and drug failure | Fortune Europe

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