Bayer gets welcome win in US court
The US courts have not been a happy place for life sciences company Bayer (BAYN: DE) since acquiring agribusiness giant Monsanto due to legal action being taken over the glyphosate-based weed killer Roundup, which allegedly causes cancer.
But the German company did have some good news with the outcome of a separate US court case as a jury told Japan's Takeda (TYO: 4502) to pay Bayer $155 million for infringing a patent related to a Baxalta hemophilia treatment, Reuters reported.
The alleged infringement arose from Baxalta’s exclusive license agreement with Nektar Therapeutics, which had collaborated with Bayer.
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