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Bayer Finds New Herbicide Molecule Amid More Lawsuits [Forbes]

BASF SE S/ADR (BASFY) 
NASDAQ:AMEX Investor Relations: basf.com/en/company/investor-relations.html
Company Research Source: Forbes
Bayer announced it found a new herbicide molecule, which is in Phase 2 of early development. The company explains that it offers a new herbicide post-emergence mode of action for the first time in 30 years. Three days after this announcement, jurors awarded $265 million to a peach farmer who sued Bayer and BASF over a different herbicide. A New Mode of Action Herbicides are chemicals that can eliminate weeds and other plants so that crops can grow better. The mode of action (MOA) is how an herbicide stops the unwanted plants. This usually involves disrupting a biological process, such as stopping the production of an important plant enzyme or preventing the growth of the plant. For example, glyphosate, the main ingredient in Monsanto's Roundup herbicide, blocks the 5-enolpyruvylshikimate-3-phosphate (EPSPS) enzyme in plants. Without EPSPS, the plant cannot make the aromatic amino acids it needs to survive. Bayer says its new molecule would give a different post-emergence mode of actio Show less Read more
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