Feb 17 • 16:48 UTC 🇩🇪 Germany FAZ

Lawsuit Concerning Weed Killer: Bayer Nears Final Breakthrough in Glyphosate Dispute

Bayer is on the verge of finalizing a settlement of up to $7.25 billion in the United States to resolve lawsuits related to the herbicide Roundup, pending court approval.

Bayer, the German pharmaceutical and agricultural chemistry company, is moving towards a significant legal resolution regarding its herbicide Roundup, which has been linked to cancer claims. The company announced plans for a settlement that could reach as high as $7.25 billion to address both current and future lawsuits in the United States. This settlement must receive approval from a court in St. Louis, Missouri, and it could potentially increase the company's liabilities for legal disputes from €7.8 billion to €11.8 billion.

This action comes in the wake of a series of lawsuits claiming Roundup causes cancer, which have posed challenges for Bayer since its acquisition of Monsanto in 2018. The settlement reflects Bayer's efforts to manage ongoing litigation and restore its public image, following significant backlash over health concerns related to glyphosate, the active ingredient in Roundup. As pressure builds from plaintiffs and advocates, Bayer's resolution strategy aims to avert further courtroom battles that could jeopardize its financial stability and reputation.

With this move, Bayer hopes to put considerable distance between itself and the legal fallout associated with Roundup, while addressing the concerns of tens of thousands of claimants. If approved, this settlement could set a precedent for how environmental and health-related disputes involving pesticides are handled in the future. It also raises questions about corporate accountability and the safety of agricultural chemicals, which could impact regulatory policies moving forward.

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