Monsanto Roundup lawsuit: Jury awards $289 million to cancer patient

Monsanto Roundup lawsuit: Jury awards $289 million to cancer patient

The share price of German agrochemicals giant Bayer AG has dropped by more than 10 percent on Monday after a US court ordered its subsidiary Monsanto to pay a total of 298 million USA dollars in damages for selling a carcinogenic weed killer.

While observers predicted that thousands of other claims could follow, Bayer said the California jury's findings went against scientific evidence and that other courts "might arrive at different conclusions". Bayer closed a deal to buy Monsanto for $66 billion in June.

Barclays analysts said Bayer was in for a "litigious headache".

The verdict surprised Bayer investors and may stir up memories of the scandal over cholesterol-lowering pill Lipobay, said Markus Mayer, an analyst with Baader Bank.

Bayer shares dropped to their lowest level since late 2013, preventing an otherwise rather bullish DAX index of the country's 30 largest blue chips from rising. That extended its rout this year to 19 percent.

Monsanto, which also makes another similar product called Ranger Pro, has denied glyphosate is linked to cancer, saying hundreds of studies have found the product to be safe.

Glyphosate, which is most commonly sold under the name Roundup, is a wildly popular herbicide manufactured by Monsanto.

Tyrod could earn Browns fans free beer this season
And in case you're wondering if the fridges in FirstEnergy Stadium will open when (if) the Browns win, they will. They have a big lock across them to signify that the beer inside is not available just yet.

The plaintiff, Dewayne Johnson, proved to the jury that Roundup herbicide was a "substantial contributing factor" in causing his cancer and that Monsanto failed to warn consumers about the product's cancer risk. The products of the USA agrochemical company will instead become fully-integrated into Bayer's own marketing portfolio.

The herbicide is available in 130 countries and can be used on more than 100 crops.

It awarded $39 million in compensatory and $250 million in punitive damages. The company said it will appeal. Doctors say he has months left to live.

Mr Johnson's lawyers, relying on his testimony and expert witnesses, argued that his exposure, including accidents that got him soaked from head to toe in Roundup, caused his non-Hodgkin's lymphoma. He was seeking $412 million in damages.

The case against Monsanto, bought by Bayer this year for $63 billion, is the first of more than 5,000 similar lawsuits over the company's glyphosate-based weedkillers, including its Roundup brand, across the United States.

Tobias said Monsanto's promised appeal could result in the charges being reduced - but said the company "might want to consider settling now, depending on its calculus of the risk that it might lose on appeal and the adverse publicity that might arise from losing or from continuing to contest the verdict".

Related News:

  • Air quality alert issued for northwest Montana

    Air quality alert issued for northwest Montana

    This improvement will continue on Wednesday, and we should be back to good air quality by Thursday and Friday. Pay attention to the heat indoors and follow guidance in the section below if it's too hot.
    Caspian Sea states sign landmark convention

    Caspian Sea states sign landmark convention

    A draft of the agreement viewed by RFE/RL suggested the parties would agree at Aktau to the Caspian's status as a "sea". The Caspian Sea has several different species of sturgeon, the fish that yields the highly prized delicacy caviar.
    Demi Lovato’s overdose was trigged by Oxycodone laced with fentanyl

    Demi Lovato’s overdose was trigged by Oxycodone laced with fentanyl

    Unbeknownst to Lovato, the Oxycodone was laced with fentanyl - the same drug that killed Prince , Tom Petty, and rapper Lil Peep . She was revived with Narcan, an emergency medication administered to reverse the effects of an opioid overdose.
  • Samsung Galaxy Note 9

    Samsung Galaxy Note 9

    Koh made these remarks while speaking to journalists at a press conference after the announcement of the Note 9 last week. That's pretty impressive, especially since the S Pen does take up a pretty large amount of space in the Galaxy Note 9 .
    Yemenis hold funeral for children killed in Saudi airstrike

    Yemenis hold funeral for children killed in Saudi airstrike

    Mourners shouted slogans against Saudi Arabia and its ally and key arms supplier, the United States. People carried pictures of those killed as Houthi forces managed the crowd attending the funeral.
    Turkey crisis: Erdogan vows to boycott United States  electronics

    Turkey crisis: Erdogan vows to boycott United States electronics

    Erdogan last week renewed a call for Turks to convert their dollars into the Turkish lira, to help underwite the currency's value. We are together in North Atlantic Treaty Organisation and then you seek to stab your strategic partner in the back'.
  • USA  report identifies more than 1000 victims of priest abuse

    USA report identifies more than 1000 victims of priest abuse

    The report that's close to 900 pages long names more than 300 priests across six of the eight Catholic dioceses in the state. Bishop Ronald Gainer of the Harrisburg Diocese also issued an apology on behalf of the religious community.
    Rodgers: Boyata was fit to play

    Rodgers: Boyata was fit to play

    Croatian forward Marko Livaja's strike early in the second half left Celtic needing two unanswered goals to progress. Boyata told Belgian website DH.be: 'When I hear I've refused to play since I came back from vacation, it's wrong.
    Taiwanese firms in Turkey face risk as local currency crashes

    Taiwanese firms in Turkey face risk as local currency crashes

    The root causes of the current crisis are economic and predate the political conflict between the U.S. and Turkish governments. The Turkish currency has lost about 40 percent of its value this year against the US dollar .
  • Fernando Alonso retires from Formula 1

    Fernando Alonso retires from Formula 1

    While he won't race in F1 next year, Alonso is unlikely to retire, saying that "new, exciting challenges are around the corner". The 37-year-old McLaren driver won championships racing for Renault in 2005 and 2006.
    Florida Gov. Rick Scott declares state of emergency over red tide

    Florida Gov. Rick Scott declares state of emergency over red tide

    In this Monday Aug. 6, 2018 photo, Alex Kuizon covers his face as he stands near dead fish at a boat ramp in Bradenton Beach, Fla. Red tide, a common term used for a harmful algae bloom, is a naturally-occurring microscopic algae.
    Manchester United confident goalkeeper David de Gea will sign new deal

    Manchester United confident goalkeeper David de Gea will sign new deal

    The Spaniard's current deal expires next summer with a further year existing as an option to be triggered by the club. Former Red Devils goalkeeper Edwin van der Sar is thought to be on the shortlist.


Most liked

Jury could begin deliberations in Manafort trial today
Gates, Manafort's former business partner, testified last week that he and Manafort did in fact commit bank and tax fraud. If found guilty on all charges, he could face eight to 10 years in prison, according to sentencing expert Justin Paperny.

Youngest American Woman To Receive Full Face Transplant, One Year Post-Op
She was raised by her grandmother, Sandra Bennington, since she was four-years-old and adopted by her at the age of 11. "When my parents helped explain everything to me, I was very excited to get a face again and to have function again".

Akshay Kumar's Film Reviewed By Virender Sehwag: 'Sold On Gold'
In the first video, Akshay , dressed as a traffic cop, pulls over a auto which drives into a "No Entry" lane. Being a brand ambassador of Honda two-wheelers, he also promoted road safety at the Auto Expo 2018.

China has prevented 'great tragedy' in Xinjiang, state-run paper says
Beijing has long denied the existence of such camps, and has made no comment on the latest allegations. It said they were poorly fed, and reports of torture were widespread.

Newcastle United vs. Tottenham Hotspur - Football Match Report
An increasingly open second period surprisingly failed to produce further addition to the score, as both goalkeepers excelled. With momentum on their side and a full-house roaring them on, Benitez's side looked set to build from a position of strength.

Cars plunge in Italian highway bridge collapse; 20 killed
Police say at least 35 people were killed when dozens of vehicles fell 45m (148ft) from the Morandi bridge during bad weather. The collapsed Morandi Bridge is seen in the Italian port city of Genoa on August 14, 2018.

Tragic: Pregnant Former Reality Star Found Dead On NYC Sidewalk
McHenry first posted a boomerang of a chessboard at The Frederick Hotel in Tribeca, before she moved to the Soho Grand Hotel. Why does she look so bomb? EJNYC lasted for one season E! and featured EJ and a slew of close friends in Manhattan.

Trump calls ex-'Apprentice' star turned White House aide a 'dog'
The source claimed: "Melania is exhausted of being quiet and hiding inside the White House ". Critics condemned Trump's tweet for what they said were racial and sexist undertones.

Meghan Markle's Father Thomas Reportedly 'Lied' to Prince Harry Over Paparazzi Claims
When news broke he had staged the pictures for money, Mr Markle said he suffered a heart attack and was rushed to hospital. During his first TV interview, Thomas said he apologized to both Harry and Meghan for his actions.

Taliban Storm an Afghan Army Base, Killing 17 Soldiers
Everywhere they go they set the places on fire, ' he said, adding that shops were being looted, with water and food scarce. The numbers still need to be verified, ' said a report by the UN Office for the Coordination of Humanitarian Affairs.

I don't react to trolls: Anushka on her picture with Indian team
As the trailer looks promising, the actors talked about everything from film to trolls during the media interaction. Actor Anushka Sharma has hit the road to promote her next film Sui Dhaaga , which also stars Varun Dhawan .

Sarah Sanders Holds White House Briefing Amid Trump-Omarosa Feud
The agreement Omarosa was asked to sign after she left the White Houses also included the Vice President Pence and his family. I wonder if she is recording some of the things that we've talked about as well", he told Fox News' "Fox & Friends".

Donald Trump says PGA victor Brooks Koepka is 'a man of steel'
Professional golf is in a healthy place, with a number of young stars in Jordan Spieth , Rory McIlroy, Brooks Koepka , etc. That includes Woods, a vice captain and sure-fire pick. "We will look at a body of work for this season, big events".

Unemployment hits lowest level in 40 years
The ONS figures also showed the number of European Union nationals working in the United Kingdom fell by a record amount. The number of people in work also increased over the three months from April to June, with 32.39 million people in work.

Nobody injured in House of Parliament crash in "life-threatening condition"
Masood abandoned his auto and then stabbed and killed a police officer before being shot dead in a courtyard outside Parliament. Images posted to social media showed a suspect surrounded by officers being led away from the vehicle in handcuffs.