Monsanto - which is owned by German pharmaceutical company Bayer - was ordered to pay $73 million in compensatory damages, and $112 million to each of the seven plaintiffs in punitive damages.
American agro-chemicals company Monsanto is facing a surge in lawsuits that may cost its new owners, Bayer, billions in damages. Monsanto manufactures glyphosate-based weedkillers which some ...
CEO Werner Baumann said that when it bought Monsanto, Bayer “could not foresee the scope of the current lawsuits” United States agro-chemicals company Monsanto is facing a surge in lawsuits ...
Health-care companies rose, recouping some of their recent losses. Shares of UnitedHealth Group, CVS Health and Cigna moved into the green for 2025 after a punishing fourth quarter.
The drift-prone pesticide has damaged millions of acres of crops and wild plants every year since the Environmental Protection Agency first approved it in 2017 for spraying on cotton and soybean crops ...
The verdict in a California state court in Oakland was the third courtroom defeat for Bayer in cases accusing the chemicals in Roundup of causing cancer. Glyphosate developer Monsanto was ...