Couple Awarded $2 Billion in Roundup Trial, Jury Says Weed Killer Contributed to Their Cancer

Bayer was ordered to pay more than $2 billion in damages to a California couple that claimed they got cancer as a result of using the company’s Roundup weedkiller for about 30 years. It’s the largest jury award in the U.S. so far this year and the eighth-largest ever in a product-defect claim, according to […]

The U.S. EPA Just Gave Bayer a Gift in Its Battle Against Weed Killer Cancer Claims

The embattled management at Bayer just got a handy boost from the U.S. Environmental Protection Agency (EPA)–a draft report that says glyphosate, the active ingredient in its Roundup weedkiller, does not cause cancer. This is no change of stance on the EPA’s part, but the timing of the new report should prove beneficial to Bayer, […]

Bayer’s Management Face A No-Confidence Vote Over Monsanto Deal. Here’s What You Need to Know.

The Monsanto glyphosate drama may be about to hit the agriculture firm’s new owners where it hurts. Bayer’s management faces a vote of no confidence at the German company’s annual general meeting, which is taking place Friday. Amid widespread concerns over the wisdom of Bayer’s Monsanto takeover last year, the vote looks set to be […]

As Bayer’s Roundup Cancer Costs Accumulate, Questions Linger About the Wisdom of Its Monsanto Merger

Bayer has to pay out $81 million in damages to a man who claims the Roundup weedkiller caused his cancer, a jury ruled Wednesday. In a similar ruling last year, the sum was $289 million, reduced to $78 million on appeal. Since that first verdict, Bayer’s shares have lost 40% of their value–and there are […]

Jury Orders Bayer to Pay $81 Million in Second Trial Claiming Roundup Weedkiller Caused Cancer

A jury awarded $81 million in damages to a man who claimed that Roundup, a weedkiller sold by Bayer AG, caused his non-Hodgkins lymphoma, Reuters said Wednesday. The six-person jury in the U.S. District Court in San Francisco ordered Bayer to pay Edwin Hardeman $75 million in punitive damages and $5.9 million in compensatory damages, […]

Bayer Shares Plummet Upon Verdict That Roundup Caused Man’s Cancer

The share price of Bayer bayry plummetted Wednesday, following a U.S. court’s decision that its Roundup weedkiller played a substantial role in the development of non-Hodgkin lymphoma by Californian Edwin Hardeman. In the Frankfurt stock exchange, the German conglomerate’s share price plummeted by more than 12% Wednesday to EUR60.81 ($69.04), spurred by fears that the […]