Home » Health, Justice, North America » Monsanto Loses Court Case, Will Pay Man who Developed Cancer $2.25 BILLION


Monsanto Loses Court Case, Will Pay Man who Developed Cancer $2.25 BILLION

 
 
 
 
submit to reddit

11201032 0 image a 2 1556713167626

Pharmaceutical giant Bayer has been ordered to pay $2.25 billion to a man who developed cancer due to the Roundup weed killer, one of the products of its subsidiary Monsanto.

Jurors in the Philadelphia Court of Common Pleas found that the weed killer is to blame for 49-year-old landscaper John McKivison developing non-Hodgkin’s lymphoma (NHL). Individuals affected by NHL often develop tumors, which are made up of white blood cells or lymphocytes, in different areas of their body. Given this finding, the jury ordered the German company to pay McKivision the aforementioned amount as compensation.

Of this amount, $2 billion comprises punitive damages while the remaining $250 million is for compensatory damages. According to Bloomberg Law, the $2.25 billion verdict is the largest in Roundup-related litigation.

“Monsanto has won 10 of 16 Roundup trials recently, but the cases it has lost include a $1.5 billion verdict in Missouri handed down in November [2023] to three ex-users of the herbicide,” the outlet added. “In 2019, a California jury awarded a combineds $2.055 billion in damages to a husband and wife who claimed they got cancer from using the weedkiller for 30 years. That award was later cut to $87 million and allowed to stand by the U.S. Supreme Court.”

The company based in the German city of Leverkusen decried the Philadelphia court’s verdict in an emailed statement.

“We disagree with the jury’s adverse verdict that conflicts with the overwhelming weight of scientific evidence and worldwide regulatory and scientific assessments. [We] believe that we have strong arguments on appeal to get this verdict overturned, and the unconstitutionally excessive damage award eliminated or reduced,” the statement read.

Bayer acquired the Missouri-based Monsanto for $63 billion back in 2018. However, the German firm inherited the liabilities of its newly acquired subsidiary – leading many pundits to denounce the acquisition as “one of the worst corporate mergers in history.”

Bayer’s legal woes linked to Roundup are far from over

Most plaintiffs have alleged Roundup caused them to develop NHL. But according to Reuters, “Bayer has said that decades of studies have shown Roundup and its active ingredient, glyphosate, are safe for human use.” Despite this claim, around 165,000 reported claims in the U.S. alone stem from the weed killer – which means that the company’s legal battles are far from over.

The outlet continued that in 2020, Bayer settled most of the then-pending Roundup cases for up to $9.6 billion. However, it failed to get a settlement covering future cases – and more than 50,000 claims remain pending.

Bayer’s string of losses in 2023 produced verdicts against the company amounting to more than $2 billion. The German firm is appealing those verdicts, which include large punitive damages awards likely to be reduced as they exceed U.S. Supreme Court guidance, Reuters added.

“The losses had led some investors to question Bayer’s legal strategy in defending the Roundup cases. The company said in November that it would continue fighting the cases in court, and [that it] had ‘no appetite to write humongous checks’ to settle them.”

A Jan. 18 report by Bloomberg News revealed that company executives “were leaning against breakup options, including separating its consumer-health and crops-science divisions” because of investor frustration over Monsanto. Bayer later backtracked on this, saying that it was putting those plans aside for now to focus on internal reorganization.

Source

Please wait...


RELATED ARTICLES

Did you like this information? Then please consider making a donation or subscribing to our Newsletter.

2 Responses to " Monsanto Loses Court Case, Will Pay Man who Developed Cancer $2.25 BILLION "

  1. While I agree that Roundup should be banned and that this poor soul deserves compensation (and lots of it), $2.25B is insane. That would be more than the net income of someone earning $1m per year for 40 years.That seems a little over the top to me.

    Please wait...
  2. Hopefully the losses will get to be so bad for Bayer that they end the manufacturing of the noxious substance Glyphosate and put the company Monsanto to bed permanently.

    Please wait...

Conversation Guidelines

Starting a conversation on our website is very easy, all you need to do is to write your name, email and the comment itself. No account is required to leave a comment. Your email won't be used for any purpose whatsoever, if you want, you can even write a fictitious email. Please keep it civil, try to refrain from slurs and insults. We offer Free Speech rights to our comment section but please take note that the comment section is moderated so certain comments may be held for moderation in case they triggered our automatic filters. If your comment is on hold for moderation and you can't see it anywhere there is no need to repost it. Don't worry, it doesn't mean it won't get approved. Please patiently wait and check back later.



Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.