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Eugene

(64,693 posts)
Sat Mar 22, 2025, 09:21 AM Mar 22

Bayer hit with $2 billion Roundup verdict in US state of Georgia cancer case

Source: Reuters

BERLIN, March 22 (Reuters) - Bayer (BAYGn.DE), opens new tab was ordered by a jury in the U.S. state of Georgia to pay about $2.1 billion to a plaintiff who claimed the company's Roundup weed killer caused his cancer, the plaintiff's law firms said late on Friday.

The verdict, which Bayer said on Saturday it would appeal, is one of the largest legal settlements issued in a Roundup-related case and is the latest setback for the group, among the world's largest seeds and pesticides makers.

Bayer has paid about $10 billion to settle disputed claims that Roundup, based on the herbicide glyphosate, causes cancer. Over 60,000 further cases are pending for which the group has set aside $5.9 billion in legal provisions.

The Georgia verdict includes $65 million in compensatory damages and $2 billion in punitive damages, according to a statement emailed to Reuters by the plaintiff's law firms Arnold & Itkin LLP and Kline & Specter PC.

-snip-

By Reuters
March 22, 2025 8:06 AM EDT Updated an hour ago


Read more: https://www.reuters.com/business/healthcare-pharmaceuticals/bayer-hit-with-2-bln-roundup-verdict-us-state-georgia-cancer-case-2025-03-22/



Alternate link: https://finance.yahoo.com/news/bayer-hit-2-billion-roundup-120217443.html
9 replies = new reply since forum marked as read
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Bayer hit with $2 billion Roundup verdict in US state of Georgia cancer case (Original Post) Eugene Mar 22 OP
Just petty cash, really LiberalArkie Mar 22 #1
But they've only put aside 5.9 billion for thousands of pending cases. Scrivener7 Mar 22 #4
Why do retailers sell roundup if it causes cancer? Mosby Mar 22 #8
I still don't know what Bayer bought Monsanto knowing Round Up came with it underpants Mar 22 #2
It would have been cheaper for Bayer to create their own weed killer, than buy Monsanto's mess FakeNoose Mar 22 #6
No kidding. underpants Mar 22 #9
That's great news! Scrivener7 Mar 22 #3
That's OK. Trump will just make it go away. travelingthrulife Mar 22 #5
After Bayer puts a hundred million or so into one of his accounts. hedda_foil Mar 22 #7

Scrivener7

(55,542 posts)
4. But they've only put aside 5.9 billion for thousands of pending cases.
Sat Mar 22, 2025, 09:46 AM
Mar 22

This award makes me think they'll be paying a lot more than this soon on all those other cases, and in the end I doubt it will be chump change for them.

Mosby

(18,422 posts)
8. Why do retailers sell roundup if it causes cancer?
Sat Mar 22, 2025, 11:25 AM
Mar 22

Why hasn't it been pulled off the market?

underpants

(190,240 posts)
2. I still don't know what Bayer bought Monsanto knowing Round Up came with it
Sat Mar 22, 2025, 09:42 AM
Mar 22

Bayer bought Monsanto 8 years ago for $66B in cash.
https://en.wikipedia.org/wiki/Monsanto

Monsanto has $14B in revenue in 2017 with about $2.25B in net income from what I can find. I guess smarter people than me thought thus was a good idea.


My first experience with Round up was working on a golf course in the 80’s. Nice course. I cut grass and raked traps. We didn’t have to weed whack around the mostly pine trees. I asked the assistant greens keeper how there was this ring of each tree with no grass but the trees are fine. He said we have this stuff - Round Up. I wasn’t really environmentally aware yet and I didn’t say anything but I just remember thinking “That’s just not right. it’s just not how things should work. There has to be a problem with this”….and then finished taking the trap I was in.

FakeNoose

(37,242 posts)
6. It would have been cheaper for Bayer to create their own weed killer, than buy Monsanto's mess
Sat Mar 22, 2025, 10:44 AM
Mar 22

I find it amazing that Bayer would even want to take on the liability of this. Monsanto got patents on a poorly-tested product and then proceeded to market it everywhere. Once the lawsuits started rolling in, they went belly-up.

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