Billion Dollar Losses Related to Roundup

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Steve Curwood, Living on Earth, September 28, 2018

Pharmaceutical and chemical giant Bayer has shed some $20 Billion in market value in the weeks after a California court ordered it to pay $289 million in damages to plaintiff Dewayne Lee Johnson related to the herbicide Roundup made by Bayer-owned Monsanto. Jurors found that Monsanto had acted with malice and negligence in failing to warn Johnson, who is now suffering from late-stage non-Hodgkins lymphoma, about the cancer risks associated with Roundup and its key ingredient glyphosate. Journalist Carey Gillam tells Host Steve Curwood that with thousands of similar cases in the pipeline, Bayer may be on the hook for billions more, even though it merged with Monsanto just three months ago.

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