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Share Name | Share Symbol | Market | Type |
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Bayer AG | TG:BAYN | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 27.315 | 27.385 | 27.495 | 0.00 | 06:46:00 |
By Kim Richters
Germany's Bayer AG (BAYN.XE) confirmed on Monday that a U.S. trial relating to Monsanto's glyphosate-based herbicide Roundup has been postponed to next year.
The trial, originally scheduled for Oct. 15 in St. Louis, Missouri, where Monsanto is headquartered, has now been moved to next year, Bayer said. There are no further trials scheduled for 2019, it said.
German newspaper Handelsblatt first reported the rescheduling on Sunday.
Bayer has faced significant legal challenges since taking over Monsanto last year, with lawsuits from around 18,400 plaintiffs in the U.S. as of July 11. Among the lawsuits are claims that Monsanto's glyphosate-based Roundup could cause cancer.
Bayer will update the plaintiff figure on Oct. 30, when it reports third-quarter results, it said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
October 07, 2019 05:48 ET (09:48 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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