Tag: monsanto

  • Bayer shares tumble after Monsanto payout in weedkiller case

    A riverside view of Bayer chemical corporation in Leverkusen, Germany Symbol copyright EPA

    Stocks in German pharmaceutical group Bayer have dropped sharply following a US verdict linking a product to cancer.

    By mid-morning on Monday, Bayer’s shares had misplaced 10.4% of their value.

    Bayer owns agriculture large Monsanto – which was ordered by way of a California judge on Friday to pay $289m (£226m) damages to a man who mentioned foods utilized in a weedkiller had led to his cancer.

    Bayer says the product – glyphosate – is secure. It finished its $66bn takeover of Monsanto in June.

    EUROPEAN settles dispute over weedkiller glyphosate UNITED KINGDOM ‘will support’ pesticide ban The villagers who concern herbicides

    The landmark lawsuit was once the primary to move to trial alleging a glyphosate link to cancer.

    Image copyright Getty Pictures

    What’s glyphosate and is it dangerous?

    Glyphosate used to be offered via Monsanto in 1974, however its patent expired in 2000, and now the chemical is bought through quite a lot of manufacturers. in the US, more than 750 merchandise include it.

    In 2015, the International Agency for Analysis on Most Cancers, The Sector Well Being Organisation’s cancer company, concluded that glyphosate used to be “most definitely carcinogenic to humans”.

    On The Other Hand, the u.s. Environmental Protection Company (EPA) insists it is protected while used carefully.

    The Ecu Meals Safety Authority (EFSA) additionally says glyphosate is not going to cause most cancers in people.

    Last November 2017 EU international locations voted to renew the licence of glyphosate despite campaigns towards it.

    BBC North American correspondent James Prepare Dinner suggested that during California – the place a judge not too long ago dominated that coffee must carry a cancer warning – the agriculture business sued to prevent this sort of label for glyphosate, even if the state lists it as a chemical identified to lead to cancer.

    What will we learn about glyphosate?

    What happened within the groundsman case?

    Jurors discovered on Friday that Monsanto had acted with “malice” and that its weed killers contributed “considerably” to Mr Johnson’s terminal sickness.

    Symbol copyright AFP / Getty Images Image caption Dewayne Johnson reacting to the verdict in a San Francisco court

    Following an eight-week trial, the jury ordered the corporate to pay $250m in punitive damages along with other prices that introduced the entire figure to nearly $290m.

    Mr Johnson’s attorney, Brent Wisner, stated the jury’s verdict confirmed that the evidence towards the product was once “overwhelming”.

    “When You are proper, it is really easy to win,” he mentioned.

  • Monsanto ordered to pay $289m damages in Roundup most cancers trial

    A soybean field is fumigated near Urdinarrain, Entre Rios province, Argentina, on February 8, 2018 Symbol copyright AFP Symbol caption Plants are often handled with the herbicide glyphosate

    Chemical large Monsanto has been ordered to pay $289m (£226m) damages to a man who claimed herbicides containing glyphosate had brought about his most cancers.

    In a landmark case, a Californian jury discovered that Monsanto knew its Roundup and RangerPro weedkillers have been bad and failed to warn consumers.

    It’s the primary lawsuit to head to trial alleging a glyphosate link to cancer.

    Monsanto denies that glyphosate reasons most cancers and says it intends to attraction against the ruling.

    “The jury were given it improper,” vice-president Scott Partridge said out of doors the courthouse in San Francisco.

    Symbol copyright AFP Symbol caption Dewayne Johnson (R) hugged his lawyer after hearing the verdict

    Jurors discovered on Friday that the corporate had acted with “malice” and that its weedkillers contributed “considerably” to Mr Johnson’s terminal illness.

    Following an 8-week trial, the jury ordered the agricultural multi-national to pay $250m in punitive damages along with different prices that introduced the overall determine to just about $290m.

    In an announcement after the ruling, Monsanto mentioned it was once “sympathetic to Mr Johnson and his circle of relatives” however it may “continue to vigorously protect this product, which has a 40-yr historical past of protected use and keeps to be a vital, effective and secure device for farmers and others”.

    The use of glyphosate has lengthy been controversial.

    One UN observe known as the chemical “most probably carcinogenic”, although different scientists have said it’s secure to make use of.

    Image copyright AFP Symbol caption Roundup is a well-liked brand of weedkiller