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.