Wednesday, June 5, 2019

"Australian gardener sues Bayer's Monsanto over cancer link"

We are starting to hear talk that the Monsanto acquisition could drive the whole behemoth into insolvency, something that was unthinkable even six months ago. 
From Reuters, June 4:
Lawyers of an Australian gardener on Tuesday said they had filed a lawsuit against Bayer AG agricultural chemicals unit Monsanto for severe harm caused by an ingredient used in its weed killer Roundup, the first such case in the country.

The lawsuit follows court rulings in the United States linking Roundup’s main ingredient, glyphosate, to cancer, which has already taken tens of billions of euros off Bayer’s market value.
In court documents seen by Reuters filed in the Australian state of Victoria on Monday, self-employed Michael Ogalirolo, 54, said he was diagnosed with non-Hodgkin lymphoma - a type of leukemia - after using Monsanto’s Roundup for more than 20 years.

“Roundup products are dangerous to human health and unfit to be marketed and sold in commerce, particularly without proper warnings and directions,” the writ filed by Carbone Lawyers says.
Bayer said it was aware of reports regarding a statement of claim about glyphosate but had not received a writ....MORE