Similar Stories to Bayer To Pay Up To $10.9 Billion To Settle Lawsuits Linked To Claims Weed Killer Roundup Causes Cancer on Bing News

Associated Press, Time: Business
Wed, 06/24/2020 - 11:24am

(BERLIN) — German pharmaceutical company Bayer says it’s paying up to $10.9 billion to settle a lawsuit over subsidiary Monsanto’s weedkiller Roundup, which has faced numerous lawsuits over claims it causes cancer. In a statement Wednesday, Bayer said it was also paying up $1.22 billion to settle two further cases, one involving PCB in water. The Leverkusen-based company said the Roundup settlement would “bring closure to approximately 75%” of the current 125,000 filed and unfiled claims. It said the agreement is subject to approval by Judge Vince Chhabria of the U.S.

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