Bayer: Jury Verdicts Totaling Almost $4 Billion Over Roundup Litigation
January 30th, 2024Via: Bloomberg:
Bayer AG faces mounting pressure to come up with a new plan for handling its Roundup weedkiller litigation after getting hammered by US jury verdicts totaling almost $4 billion over the last three months.
The German conglomerate’s latest courtroom loss was its biggest since Roundup cases started going to trial five and a half years ago, with a Pennsylvania jury awarding $2.25 billion to a former Roundup user who blamed his cancer diagnosis on long-term exposure to the herbicide.
Bayer expects 165,000 lawsuits involving Roundup (glyphosate). It has set aside $15 billion to deal with them.
https://www.bbc.com/news/business-66297589
Another Bayer product proves deadly: Dozens of farmers around the U.S. are suing Bayer (formerly Monsanto) and BASF in an effort to hold the companies accountable for millions of acres of crop damage the farmers claim is due to widespread use of dicamba. It is Bayer’s replacement for glycosphate.
It is linked to cancer and hypothyroidism in humans.
https://usrtk.org/pesticides/dicamba/