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Bayer Posts 10.5 Billion Euro loss after Roundup Legal Woes

Posted March 6, 2021
Bayer announced on Thursday steep losses for the year 2020 as it struggled to recover from a string of US lawsuits claiming its weedkiller causes cancer.  The German chemical and pharmaceutical giant said in a statement that it posted an annual net loss of €10.5 billion ($12.8 billion), compared with a profit of just over €4 billion for 2019.   Read more. 

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