UPDATE 2-U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks

May 22 A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG's glyphosate-based Roundup weed killer caused cancer.

3:46am IST

UPDATE 2-Brazil bans Merieux labs from food inspections after meatpacker BRF scandal

SAO PAULO, May 22 Brazil's Ministry of Agriculture officially banned three laboratories from conducting food inspections over their involvement in a food safety testing scandal that ensnared meatpacker BRF SA, according to decisions published in the official government gazette on Wednesday.

3:19am IST

Novartis CEO plans gene therapy price 'far lower' than $4 mln to $5 mln range

BOSTON, May 22 Novartis AG's top executive said on Wednesday it expects to price its gene therapy for spinal muscular atrophy “far lower” than the $4 million to $5 million figure the Swiss drugmaker has said it could be worth.

2:51am IST

UPDATE 2-GE needs to end infighting, fix quality, tighten management -CEO

May 22 General Electric Co, once seen as the epitome of corporate greatness, is trying to end infighting between its divisions, tighten up management and fix quality problems in its products, Chief Executive Officer Larry Culp said on Wednesday.

12:19am IST

Congo wants more use of Merck vaccine rather than J&J newcomer - minister

GENEVA, May 22 Democratic Republic of Congo called on Wednesday for Merck's experimental Ebola vaccine to be fully licensed to facilitate its use in the Ebola-hit country, while saying Johnson & Johnson's rival drug would complicate matters.

12:12am IST
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India proposes electrifying motorbikes, scooters in 6-8 years - source

NEW DELHI The Indian government's leading think-tank has proposed electrifying most motorbikes and scooters within the next six to eight years to curb pollution and reduce dependency on fossil fuels, a source with direct knowledge of the matter said.