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5.5 years after first Roundup lawsuits were filed, pharmaceutical company Bayer—which purchased Monsanto in 2018—is still in the process of resolving claims. Most recently in Ninth Circuit to request preliminary approval of a settlement deal with a total value of $2 billion.
To print this article, all you need is to be registered or login on Mondaq.com. CASE LAW DEVELOPMENTS A Pharmaceutical Conflict over an ICC Award Is Building Momentum The Taiwanese company PharmaEssentia is trying to challenge an ICC award issued in a dispute with its Austrian counterparty. The dispute arose over a license agreement for the development and commercialization of a leukemia drug. In October 2020, the ICC tribunal ruled in favor of the Austrian company AOP Orphan Pharmaceuticals, awarding it EUR 2 billion. The dispute resulted from PharmaEssentia's attempt...