Bayer says it’s committed to ensuring access to glyphosate for its farmer customers but will replace all U.S. lawn and garden glyphosate-products with formulas that do not contain glyphosate by 2023.
The move is designed to mitigate future litigation risk.
This spring, a judge rejected Bayer’s plan to limit the cost of settlements in claims that its glyphosate product causes non-Hodgkins lymphoma.
In a call with investors, Bayer officials said they will file a petition with the U.S. Supreme Court to review the lower court ruling. If the ruling is in Bayer’s favor, they said it would end Roundup litigation. But, if it is not, Bayer will set aside $4.5 billion for future lawsuits.
Bayer says its case has gotten stronger since the litigation began when the product was owned by Monsanto.
Source: Brownfield Ag News