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Stock impact report

Trump administration backs Bayer as Roundup fight moves toward Supreme Court [FOX Business Network]

BAYER AG S/ADR (BAYRY) 
NASDAQ:AMEX Investor Relations: investor.bayer.com
Supreme Court to hear Bayer's case aimed at stopping thousands of cancer lawsuits over its Roundup weedkiller. Bayer CEO Bill Anderson joined "The Claman Countdown" and said the government's support could make the difference in the case. "This is a really important topic for farmers, for American consumers, and, frankly, for food security in America," Anderson said Wednesday during an exclusive interview with Liz Claman. Bayer, which acquired Roundup through its 2018 purchase of Monsanto, faces tens of thousands of lawsuits from people who say the weedkiller caused their cancer. U.S. and international health agencies disagree on that claim. The International Agency for Research on Cancer has said glyphosate, the chemical in Roundup, is "probably carcinogenic to humans." The U.S. Environmental Protection Agency has found that the chemical is "not likely to be carcinogenic to humans" when used as directed. Bayer has already paid billions to resolve Roundup claims, and it has t Show less Read more
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