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Bayer: US judge rejects Roundup cancer lawsuits plan | News | DW

Bayer: US judge rejects Roundup cancer lawsuits plan
The German chemical giant may now consider pulling the weedkiller from sale, but maintains that Roundup s main ingredient glyphosate is safe.
Bayer will review the future of glyphosate-based weedkillers in the US market
US district judge Vincent Chhabria on Wednesday rejected a $2 billion (€1.64 billion) plan set up by German firm Bayer to settle future lawsuits over its controversial Roundup weed killer product.
Thousands of Roundup users have claimed the product gave them Non-Hodgkin Lymphoma (NHL), a type of blood cancer.
What did the judge say about the plan?
Chhabria said parts of the plan are clearly unreasonable and claimed the proposal could not be salvaged by mere tweaks. ....

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Bayer hit by failure to cap risk from weedkiller cases

4 Min Read
FRANKFURT (Reuters) -Bayer shares dropped as much as 5% on Thursday after a U.S. judge rejected its plan to try and limit the cost of future class action claims that its Roundup weedkiller causes cancer.
The German group called into question the future sale of glyphosate-based products to gardeners in the U.S., and said it would review plans to settle around 30,000 legal claims, after the judge called Bayer’s plan to end years of litigation “unreasonable” on Wednesday.
“We will continue to assess financial risks as we move forward,” finance chief Wolfgang Nickl said in an analyst call, when asked if the estimate of the potential financial burden had been revised. ....

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US Judge Rejects Bayer's $2 Billion Deal to Resolve Future Roundup Lawsuits as 'Unreasonable'

A U.S. judge rejected Bayer's $2 billion class action proposal to resolve future lawsuits alleging its Roundup weedkiller causes cancer. ....

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European shares: European shares hover below highs, Bayer hit by Roundup ruling

The pan-European STOXX 600 index rose 0.1 per cent to 445.76 points, just below Tuesday s record high of 447.15. ....

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Glyphosat-Rechtsstreit: Neuer Rückschlag für Bayer

Glyphosat-Rechtsstreit: Neuer Rückschlag für Bayer
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