Is “Bayer’s remorse” taking its toll?
By Tina Bellon and cross-posted from Reuters
Bayer AG unit Monsanto on Tuesday asked a California judge to throw out a $289 million jury verdict awarded to a man who alleged the company’s glyphosate-based weed-killers, including Roundup, gave him cancer.
The company said in motions filed in San Francisco’s Superior Court of California that the jury’s decision was insufficiently supported by the evidence presented at trial by school groundskeeper Dewayne Johnson.
Johnson’s case, filed in 2016, was fast-tracked for trial due to the severity of his non-Hodgkin’s lymphoma, a cancer of the lymph system, that he alleged was caused by years of exposure to Roundup and Ranger Pro, another Monsanto herbicide that contains glyphosate.
Monsanto asked Superior Court Judge Suzanne Bolanos, who oversaw the trial, to set aside the verdict or, in the alternative, reduce the award or grant a new trial. A hearing on the motions is set for Oct. 10.
The company, which denies the allegations, has previously said it would appeal the verdict if necessary.
Johnson’s case was the first to go to trial over allegations that glyphosate causes cancer. Monsanto is facing some 8,000 similar lawsuits across the United States.
Shares in Bayer, which bought Monsanto this year for $63 billion, slid following the Aug. 10 jury decision and the stock was still trading some 20 percent below its pre-verdict value of 73.30 euros ($85.45) on Tuesday…