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Bayer reaches over $10 billion settlement in Roundup cancer lawsuits
Bayer will pay more than $10 billion to resolve thousands of lawsuits regarding claims that its herbicide Roundup causes cancer, the company announced Wednesday. Monsanto, which Bayer bought in 2018, lost a lawsuit that same year brought by a school groundskeeper who claimed its weedkiller had caused his non-Hodgkin lymphoma. Since then, thousands of U.S. lawsuits have been filed against the company. Bayer CEO Werner Baumann called the decision to settle the lawsuits the right one in order to end a long period of uncertainty. “The decision to resolve the Roundup litigation enables us to focus fully on the critical ... (full story)