Bayer agrees to pay $10.5B to settle 100,000 Roundup most cancers claims in US

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2020-06-24 19:06:34

Bayer has agreed to pay about $10.5 billion to settle claims within the U.S. that its weedkiller Roundup led to most cancers in practically 100,000 sufferers uncovered to the favored herbicide, based on a legislation agency representing a number of the plaintiffs.

What occurred: This sweeping settlement is the primary settlement to be reached among the many flood of lawsuits filed towards the corporate from folks with non-Hodgkin’s lymphoma. It comes after the World Well being Group’s most cancers analysis arm concluded in 2015 that glyphosate, the important thing ingredient in Roundup, is a possible carcinogen.

Bayer has misplaced a number of million-dollar circumstances over glyphosate claims. Hundreds of plaintiffs have filed lawsuits throughout the nation towards Bayer, which inherited Monsanto’s merchandise after it bought the corporate.

As much as $9.5 billion shall be paid to settle many of the pending litigation, Bayer mentioned. The settlement additionally units apart $1.25 billion to resolve potential future claims and analysis whether or not Roundup causes most cancers.

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