Daily Management Review

More than 18 thousand lawsuits filed against Bayer in USA


08/05/2019


The German chemical and pharmaceutical concern Bayer said that the number of lawsuits against the company in US courts has reached 18,400. Monsanto is accused of producing a poisonous herbicide due to glyphosate contained in it. Back in April, there were 13 thousand such claims.



Global Justice Now via flickr
Global Justice Now via flickr
The trend of a rapid increase in the number of lawsuits was outlined in August 2018 after Bayer lost the first lawsuit. The concern experienced the third loss in May 2019: a jury in California sentenced Bayer to pay compensation in the amount of more than two billion dollars. According to the plaintiffs, an American couple, glyphosate, which is contained in the company’s weed killer, has contributed to the development of cancer. Subsequently, the court significantly reduced the amount of compensation.

Lawyers of the concern are disputing all three court decisions made not in favor of Bayer, insisting that Monsanto products could not harm human health, and glyphosate itself is completely safe. They hope that judges in higher courts will assess the situation differently than juries.

Experts are still arguing on the effect of glyphosate on human health. Earlier, the US Environmental Protection Agency and a number of regulatory authorities in the European Union reported that there are no risks of developing cancer due to the use of this herbicide. However, in 2015, the World Health Organization (WHO) stated that the substance may be a carcinogen.

In 2018, Bayer bought Monsanto for $ 63 billion, which was the most expensive foreign purchase by the German company. However, since the acquisition of Monsanto, Bayer shares have fallen in price by 40 percent.

source: dw.de






Science & Technology

Apple starts testing Chinese OLED screens for iPhone 12

Analysts: Google Search is losing clicks

Microsoft admits wiretapping users

French Optic 2000 unveils smart glasses

You Can Wear Your New Air Conditioner With Your Clothes

Research: Anonymous data is not so anonymous anymore

Tech giants face stricter government regulation in the US

Nestle's Head: Veggie meat is new megatrend

Huawei may introduce Android replacement in August

Are US high-tech investors causing brain drain in Europe?

World Politics

World & Politics

European Social Democrats are losing ground

Hong Kong's richest citizen calls to stop violence and unrest in the city

UK railway operators exit Interrail system

Dozens of British Airways flights canceled or delayed due to computer malfunction

China keeps importing Iranian oil in spite of US sanctions

Marijuana legalization: Did Canada benefit from cannabis boom?

Republicans and Democrats focus on carbon pricing

Iran Hints It May Swap Seized Tankers With The UK