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Bayer: US government is in billions of dollars in glyphosate lawsuits against the company

2022-05-11T00:17:01.758Z


This step could have a signal effect: In the ongoing dispute over the drug glyphosate and possible health risks, the US Department of Justice has positioned itself against Bayer. The company is talking about billions.


Enlarge image

Roundup Weedkiller (stock image)

Photo: Jeff Roberson / dpa

Bayer has been under legal pressure for years because of glyphosate.

The agrochemical and pharmaceutical company has now suffered a setback in the US legal dispute over alleged cancer risks from the weed killer glyphosate.

The US government on Tuesday (local time) advised the Supreme Court - the highest court in the country - not to accept a landmark case.

The procedure could have a signal effect for many other US lawsuits.

For the Leverkusen-based Dax group, this involves legal risks worth billions.

Specifically, it is about the review of a judgment in favor of the plaintiff Edwin Hardeman, who blames glyphosate-containing products from the US manufacturer Monsanto, which Bayer has taken over, for his cancer.

In 2019, after a court case, he was ultimately awarded a good $25 million in damages.

Bayer hopes the Supreme Court will overturn the decision.

However, it is not yet clear whether the US Supreme Court will deal with the case.

In December, the judges announced that they would seek the US government's opinion on what initially appeared to be a sign of interest and therefore positive for Bayer.

But now the recommendation of the Ministry of Justice is available – it takes the side of the plaintiff.

The government did not agree with Bayer's argument that federal law prevents claims for damages in individual US states.

Group must build up reserves in the billions

"We continue to believe that there is good legal reason for the Supreme Court to review the Hardeman case and correct the verdict," Bayer said in a statement.

This was also confirmed by numerous statements that had been submitted to the court.

For example, the US Environmental Protection Agency (EPA) has repeatedly stated that glyphosate-based herbicides can be used safely and are not carcinogenic.

In the event that the Supreme Court does not want to deal with the glyphosate case or ultimately decides against Bayer, the company had made provisions of $ 4.5 billion in the summer.

The money would then be used to set up a program to deal with the claims of new plaintiffs over the next 15 years.

Bayer had the problems surrounding the glyphosate weed killer Roundup in 2018 with the more than $ 60 billion Monsanto purchase.

jok/dpa

Source: spiegel

All business articles on 2022-05-11

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