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BAYRY Bayer Aktiengesellschaft (PK)

7.60
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Bayer Aktiengesellschaft (PK) USOTC:BAYRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 7.60 7.59 7.68 7.69 7.59 7.66 2,551,609 21:30:14

Bayer Aims at Supreme Court to Resolve Roundup Claims

06/10/2021 1:45am

Dow Jones News


Bayer Aktiengesellschaft (PK) (USOTC:BAYRY)
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   By Jacob Bunge 

Bayer AG welcomed its victory in the most recent trial considering a claim that its Roundup herbicide caused cancer, but hopes a ruling by the U.S. Supreme Court in a separate case will help put to rest yearslong litigation over the weedkiller.

Bayer in August filed a petition asking the top U.S. court to nullify an earlier federal court decision in favor of a plaintiff making similar allegations. Bayer argued that the company could not have warned of any cancer risk posed by Roundup because U.S. federal regulators had deemed it safe following multiple reviews.

Bayer has maintained that research shows the weedkiller does not cause cancer, and anticipates the Supreme Court will decide in the next few months whether to take up the matter.

A win at the Supreme Court, Bayer has said, could affect thousands of other Roundup cases the company faces.

 

Write to Jacob Bunge at jacob.bunge@wsj.com

 

(END) Dow Jones Newswires

October 05, 2021 20:30 ET (00:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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