Bayer, Johnson & Johnson agree to settle over 25,000 US lawsuits for USD 775 mln

Bayer, Johnson & Johnson agree to settle over 25,000 US lawsuits for USD 775 mln
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  • United States

Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 U.S. lawsuits over their blockbuster blood thinner Xarelto for a total of $775 million, court documents on Monday showed. The amount will be shared equally between the two companies that jointly developed the drug. Bayer and J&J do not admit liability under the agreement.

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