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In 2020, Bayer settled most of the then-pending Roundup cases for up to $9.6 billion but failed to get a settlement covering future cases. More than 50,000 claims remain pending.
(Reuters) -A U.S. appeals court on Monday refused to dismiss a Georgia doctor's lawsuit claiming that Bayer AG's Roundup weedkiller caused cancer, the latest setback in the German company's ...
The German company settled most of the then-pending Roundup litigation in 2020 for $10.9 billion, but currently faces about 58,000 claims, according to its most recent financial report.
Johnson v. Monsanto Co. was the first lawsuit to proceed to trial over Monsanto's Roundup herbicide product causing cancer. The lawsuit alleged that the exposure of glyphosate, an active ingredient in the Roundup product, caused Dewayne "Lee" Johnson's non-Hodgkin lymphoma.
Bayer has faced extensive litigation over Roundup, and through Thursday had seen its share price fall more than 73% since buying Monsanto for $63 billion in June 2018.
Roundup Ready" became Monsanto's trademark for its patented line of crop seeds that are resistant to Roundup. Between 1990 and 1996 sales of Roundup increased around 20% per year. [ 76 ] As of 2015 [update] the product was used in over 160 countries. [ 77 ]
The Roundup lawsuits took off after a branch of the World Health Organization raised concerns about glyphosate in 2015, calling it “probably carcinogenic to humans.” The EPA meanwhile says it ...
In 2020, the company agreed to pay up to $9.6 billion to settle then-existing Roundup lawsuits, but was not able to resolve claims that would be filed in the future. It is currently facing about ...
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