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Bayer Pays $10.9 Billion to Settle Roundup Cancer Lawsuits

pharmaceutical

Industry Segment: Pharmaceutical & Biotech | Word Count: 802 Words

GALWAY, IRELAND--July 6, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--German pharmaceuticals and chemicals major Bayer AG (Leverkusan, Germany) has agreed to pay out $10.9 billion to settle more than 100,000 U.S. lawsuits that claimed the company's popular Roundup weedkiller causes cancer.

Within this article: Details huge settlement, future funds for lawsuits, impact on the company, future of Roundup

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