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BAYRY Bayer Aktiengesellschaft (PK)

7.60
0.00 (0.00%)
06 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 7.62 7.64 179 14:06:02

Bayer Confirms Postponed Glyphosate Trial

07/10/2019 11:03am

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   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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