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Bayer Denies Billion Liability Claim By Brazilian Farmers

Headquarters and main plant of German pharmaceutical and chemical maker Bayer AG in Leverkusen

Bayer has rejected claims made by Brazilian farmers that a court has found the company liable for $2 billion in royalties. The dispute stems from a lawsuit filed by Brazilian farmers who argue that Bayer owes them royalties for using the company's genetically modified soybean seeds without proper authorization.

The farmers claim that a Brazilian court has ruled in their favor and ordered Bayer to pay $2 billion in compensation. However, Bayer has denied these allegations, stating that the court has not made any such ruling.

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