Bayer AG has reached verbal settlements to settle a substantial portion of approximately 125,000 cancer lawsuits in the US, inherited from Monsanto, over the use of its Roundup herbicide, glyphosate, according to this week's Fortune post.
The settlements, which have yet to be signed and cover between 50,000 and 85,000 lawsuits, are part of a $ 10 billion Bayer plan to end a costly legal battle the company inherited when it acquired Monsanto in 2018, the people said.
While some attorneys still stand, payments for settled cases will range from a few million dollars to a few thousand each, said the people, who asked not to be identified because they are not authorized to speak publicly.
An increase in Roundup claims, along with some large legal losses, have weighed on Bayer since the Leverkusen, Germany-based company spent $ 63 billion to buy agricultural giant Monsanto, which developed the weed killer. The shares have fallen about 40% since the deal closed two years ago, wiping out about $ 39 billion from Bayer's market value.
In May 2019, after less than two full days of deliberation, a California jury ordered Monsanto to pay just over $ 2 billion in punitive and compensatory damages to a married couple who both developed non-Hodgkin lymphoma which, according to they say, it was caused by its many years of use.
Roundup products based on glyphosate.
In March 2019, a unanimous jury in federal court in San Francisco ordered Monsanto to pay approximately $ 80 million in damages for failing to warn plaintiff Edwin Hardeman about the cancer risks of Roundup herbicide.
In August 2018, jurors in San Francisco state court ordered Monsanto to pay $ 289 million in damages to school groundskeeper Dewayne “Lee” Johnson, who is dying of non-Hodgkin's lymphoma that the jury found was caused by your exposure to Monsanto's glyphosate herbicides. The judge in that case reduced the total verdict to $ 78 million and the verdict is now on appeal.
The evidence presented in the three trials included numerous scientific studies that showed what plaintiffs' attorneys said was proof that Monsanto's herbicides can cause non-Hodgkin lymphoma. Additionally, attorneys presented the jury with many internal Monsanto communications obtained through a court-ordered discovery showing that Monsanto has intentionally tampered with the public record to hide cancer risks.
Among the many revelations that have emerged from testing:
* Monsanto never conducted epidemiological studies for Roundup and its other formulations made with the active ingredient glyphosate to assess cancer risks for users.
* Monsanto spent millions of dollars on covert public relations campaigns to fund studies and articles written with ghosts intended to discredit independent scientists whose work encountered dangers with Monsanto's herbicides.
* When the US Agency for the Registry of Toxic Substances and Diseases attempted to assess glyphosate toxicity in 2015, Monsanto requested the assistance of EPA officials to delay that review.
* Monsanto enjoyed a close relationship with certain officials at the Environmental Protection Agency (EPA), who have repeatedly backed Monsanto's claims about the safety of its glyphosate products.
* The company internally had safety recommendations for workers asking to wear a full range of protective equipment when applying glyphosate herbicides, but did not warn the public to do the same.
Studies have repeatedly linked glyphosate and glyphosate-based herbicides, such as the brands Roundup and Ranger Pro, to non-Hodgkin lymphoma (NHL), a type of blood cancer. In 2015, the International Agency for Research on Cancer classified glyphosate as a probable human carcinogen.
What it offers are crumbs, it is a mockery of the sick who still live and the hundreds who have died. As a lawyer, she would ask Bayer to “sharpen the pencil” of her embarrassing proposal, as many of the cases already won were appealed. Offering all victims a ridiculous agreement, because life does not have a “quantum”, it is an immeasurable cynicism, both from Bayer and the Environmental Protection Agency (EPA) and the European Chemicals Agency (ECHA), that continue to allow the sale of a product despite knowing the irreparable damage it causes.
By Graciela Vizcay Gomez. Posted and submitted by ZERO BIOCIDAS