GFM Network News





Bayer cancels plans to sell U.S. crop product in 2020 over safety concerns

Chicago | Reuters – Bayer AG has scrapped plans for wide sales next year of a chemical that is intended to protect U.S. crops from yield-robbing worms, citing ongoing safety concerns. The decision is the latest setback for Germany-based Bayer following its acquisition of Monsanto for $63 billion in 2018. Bayer is separately battling thousands of lawsuits claiming Monsanto’s glyphosate-based […] Read more



Juror urges judge to uphold US$80M Roundup verdict

Reuters — A juror who was part of a panel that delivered a US$80 million award against Bayer AG after finding that its glyphosate-based weed killer Roundup caused a man’s cancer has urged the presiding judge to uphold the decision. A letter from the juror written on July 4 was posted to the court docket […] Read more

Judge to slash US$80 million Roundup jury verdict

Reuters — A U.S. judge on Tuesday said he would reduce a US$80 million damage award against Bayer to US$50 million or less in the case of a man who blamed his cancer on glyphosate-based herbicide Roundup. U.S. District Judge Vince Chhabria in San Francisco said the jury’s $75 million punitive damages award to plaintiff […] Read more



Bayer to invest $7.5 billion in new herbicides

Berlin | Reuters — Bayer said it would invest five billion euros (C$7.5 billion) in developing new weedkillers and reducing its environmental impact by 30 per cent by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate. “While glyphosate will continue to play an important role in agriculture and in […] Read more



California jury hits Bayer with US$2 billion award

Reuters — A California jury on Monday awarded more than US$2 billion to a couple who claimed Bayer’s glyphosate-based Roundup herbicide caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. It was the third consecutive U.S. jury verdict against the company in litigation over the […] Read more