Bayer's Monsanto unit wins first cancer lawsuit related to Roundup weedkiller in Philadelphia.
Bayer's Monsanto unit won a Philadelphia jury case, where a man alleged that Roundup weedkiller caused his cancer, marking the company's first win in recent lawsuits and its third consecutive trial victory involving the weed killer. Bayer faces thousands of US lawsuits claiming Roundup causes cancer and is considering using the 'Texas Two-Step' bankruptcy strategy to resolve them. The strategy involves splitting assets and liabilities into separate units and placing the unit with liabilities into bankruptcy to drive a global settlement.
March 15, 2024
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