Manage Your Subscription Here's whyFollowing the US decision, its head of class actions, Andrew Watson, said he hoped Bayer would take a similar approach to the litigation in Australia.Global pharmaceutical giant Bayer will spend up to $US10.9 billion ($15.87b) to settle thousands of lawsuits alleging the company's weedkiller, Roundup, causes cancer. "The company will make a payment of $8.8 billion to $9.6 billion to resolve the current Roundup litigation, including an allowance expected to cover … You'll get the latest updates on this topic in your browser notifications. The state of California remains the epicenter of the Roundup lawsuit world. Read More "But as with most settlements, it's a settlement made without admission of liability and so it has no direct impact on our Australian case. © Copyright 2020 Bayer is currently appealing both cases, along with a third case in which they were told to pay $80 million to a man with cancer. Entertainment It's looked — and felt — like a whole different world as we've been social distancing and attempting to keep each other safe Roundup currently faces more than 120,000 claims and lawsuits alleging that Roundup weed killer causes non-Hodgkins lymphoma and other cancers. Moved Permanently. However, the judge in the case slashed the Roundup lawsuit settlement to $86.7 million. “As a science-based company committed to improving people’s health, we have great sympathy for anyone who suffers from disease, and we understand their search for answers,” the company said. Give a Gift Subscription See All the Celebs Taking RV Trips This Summer Bayer, a pharmaceutical company that purchased Monsanto, the makers of Roundup, two years ago, will be able to continue manufacturing the weed killer without adding warning labels to the packaging.
How is that different to what happens now?claimants behind an Australian class action"First and foremost, the Roundup settlement is the right action at the right time for Bayer to bring a long period of uncertainty to an end," chief executive Werner Baumann said.Many of the claims were filed by homeowners and groundskeepers, but the company still faces thousands more claims from people who have not agreed to settle.The people taking on the world's largest agricultural chemical companyBayer, which bought Monsanto in 2018 for $US63b ($91.7b), said the settlement did not apply to "Despite the pandemic, despite the fact the courts are closed, we managed and secured a very exciting and challenging settlement for 95,000 current individuals claiming cancer, non-Hodgkin's lymphoma (NHL), due to Roundup exposure," he said. Bayer has previously lost several large lawsuits against people who said that Roundup caused their cancer. On Aug. 10, 2018, a San Francisco, California jury awarded $289.2 million to Dewayne “Lee” Johnson in the first Roundup cancer lawsuit to proceed to trial. Tech From Princess Beatrice to Meghan Markle The government agency reasserted its position in April 2019, and said it “continues to find that there are no risks to public health when glyphosate is used in accordance with its current label and that glyphosate is not a carcinogen.”