Advertisement

Bayer paying up to $10.9B to settle Monsanto weedkiller case

Monsanto has faced numerous lawsuits over claims that Roundup causes cancer. Monsanto has faced numerous lawsuits over claims that Roundup causes cancer. |  Photo: WDIO File

Created: June 24, 2020 02:12 PM

BERLIN (AP) - German pharma giant Bayer says it’s paying up to $10.9 billion to settle litigation over subsidiary Monsanto’s weedkiller Roundup. Monsanto has faced numerous lawsuits over claims that Roundup causes cancer.

Advertisement

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 company says the Roundup settlement involves about 125,000 filed and unfiled claims.

Under the agreement, Bayer will make a payment of $8.8 billion to $9.6 billion to resolve current litigation over Roundup, and $1.25 billion to address potential future litigation.

Copyright 2020 The Associated Press. All rights reserved.

Advertisement
Advertisement

Police: Iowa couple's plane crashed after reported engine problems

Highway 169/65 improvement project underway

Boat catches fire at marina in Duluth

Virginia City Hall to remain closed for at least a week

Police dealing with more people cliff jumping at Ore-Be-Gone

UMD kicks off Kids Rock Summer Camp under COVID-19 health guidelines

Advertisement