Roundup was originally manufactured by agrochemical and biotech giant Monsanto. After buying Monsanto for $63 billion in 2018, Bayer became the object of tens of thousands of lawsuits alleging that Roundup causes cancer. The filing of these lawsuits followed an announcement in 2015 by the World Health Organization’s International Agency for Research on Cancer that officially classified glyphosate, the active ingredient in Roundup, as “probably carcinogenic to humans”.
Currently facing Roundup-related cancer lawsuits from a total of up to 125,000 people, Bayer admitted earlier this year that settling these claims may force it to sell assets, issue new shares, or borrow money at unfavorable terms. Analysts predict the eventual cost to the company could now reach $10 billion or more.
To read about Bayer’s dark history and the role it played in the perpetration of World War 2 as a member of the notorious IG Farben Cartel, visit the Profit Over Life website.
People With HIV Still Living Shorter, Sicker Lives
June 26, 2020World’s Fastest Supercomputer Being Used To Search For Coronavirus Treatment
June 26, 2020U.S. Federal Appeals Court Blocks California From Requiring Bayer To Label Weedkiller As Cancer-Causing
News
“A U.S. federal appeals court on has blocked California from requiring that Bayer label its glyphosate-based weed killer Roundup with a cancer warning.” [Source: mercopress.com (Uruguay)]
Comment
Roundup was originally manufactured by agrochemical and biotech giant Monsanto. After buying Monsanto for $63 billion in 2018, Bayer became the object of tens of thousands of lawsuits alleging that Roundup causes cancer. The filing of these lawsuits followed an announcement in 2015 by the World Health Organization’s International Agency for Research on Cancer that officially classified glyphosate, the active ingredient in Roundup, as “probably carcinogenic to humans”.
Currently facing Roundup-related cancer lawsuits from a total of up to 125,000 people, Bayer admitted earlier this year that settling these claims may force it to sell assets, issue new shares, or borrow money at unfavorable terms. Analysts predict the eventual cost to the company could now reach $10 billion or more.
To read about Bayer’s dark history and the role it played in the perpetration of World War 2 as a member of the notorious IG Farben Cartel, visit the Profit Over Life website.
Dr. Rath Health Foundation
Related posts
People Who Take Paracetamol (Acetaminophen) Warned Even ‘Really Low’ Doses Can Damage Heart
Read more