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BAYER AG TO PAY 40 OF $640 MILLION OFFER TO U.S. HIV HEMOPHILIACS
[EVENING UPDATE, C Edition]
Chicago Tribune (pre-1997 Fulltext) - Chicago, Ill.
Author: Bloomberg Business News.
Date: Apr 19, 1996
Start Page: 3
Section: NEWS
Abstract (Document Summary)

German chemical company Bayer AG said it would pay an estimated 40 percent of a $640 million settlement offer to end lawsuits from U.S. hemophiliacs infected with HIV from tainted blood.

Baxter International Inc., France's Rhone-Poulenc Rorer Inc., Alpha Therapeutics Inc., a unit of Japan's Green Cross Corp., and Bayer are to send letters offering to pay $100,000 to each of the estimated 6,000 hemophiliacs infected with the deadly HIV virus, a Baxter spokeswoman confirmed.

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