Bayer settles Roundup cancer lawsuits for up to $10.9 billion

September 21, 2021June 25, 2020 by News Desk

Bayer AG agreed to settle U.S. lawsuits claiming that its widely-used weedkiller Roundup caused cancer for as much as $10.9 billion after more than a year of talks, resolving litigation that has hit the company’s share price.

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The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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In This Story: Bayer

Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world.

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Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world.

Stock tickers: ( FWB: BAYN, DAX Component)

Founded in Barmen in 1863 as a dyestuffs factory, Bayer’s first and best-known product was aspirin. The firm controls brands including Claritin, Coppertone and Dr. Scholl’s, and in 2018, it acquired Monsanto, a leading producer of genetically engineered crops, for $63 billion.

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In This Story: France

France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.