A Delaware judge on Monday dismissed Merck's lawsuit seeking to hold Bayer responsible for more talc-related liabilities stemming from its $14.2 billion purchase of Merck's consumer care business in 2014.
- A Delaware judge on Monday dismissed Merck & Co's lawsuit seeking to hold Bayer AG responsible for more talc-related liabilities stemming from its $14.2 billion purchase of Merck's consumer care business in 2014.
The companies face potentially billions of dollars of liability from lawsuits by consumers alleging that asbestos contained in talc-based products such as Dr. Scholl's caused cancer. But the judge called Bayer's interpretation of the purchase agreement"the only reasonable one," and said letting Merck"dump" cases would give the Rahway, New Jersey-based company an incentive to prolong or stall lawsuits.
"Bayer will continue to defend itself against any further efforts by Merck to avoid or improperly transfer its liabilities to Bayer," the company said in a statement.
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