Recent News About Bayer Corp.
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FRANKFORT, Germany (Legal Newsline) – Chemical and agri-business conglomerate Bayer has hired outside counsel and set up a committee in response to lawsuits and its falling share price in the face of thousands of claims that a key ingredient of its Roundup weed killer causes cancer.
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The federal jury that this week ordered Monsanto to pay $80 million for allegedly causing a man’s cancer likely was swayed by internal documents suggesting the unit of Bayer AG had improperly influenced regulators to keep its Roundup weedkiller from being classified a carcinogen.
