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Old June 26th, 2020 #1
alex revision
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Default Bayer agrees to $10.9bn settlement over Monsanto’s weedkiller Roundup

Bayer agrees to $10.9bn settlement over Monsanto’s weedkiller Roundup

Numerous lawsuits have been brought against the pharmaceutical subsidiary over claims the chemical causes cancer

June 24, 2020

German pharmaceutical company Bayer says it’s paying up to $10.9bn to settle a lawsuit over subsidiary Monsanto’s weedkiller Roundup, which has faced numerous lawsuits over claims it causes cancer.

Bayer said it was also paying up $1.22bn to settle two further cases, one involving polychlorinated biphenyl (PCB) in water.

Bayer said the Roundup settlement would “bring closure to approximately 75%” of the current 125,000 filed and unfiled claims. The resolution also puts in place a mechanism to resolve potential future claims, the company said.

https://www.theguardian.com/business...killer-roundup
 
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