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Monday, 27 August 2018 - 21:22
American chemical firm faces rise in cancer lawsuits
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American agro-chemicals company Monsanto is facing a surge in lawsuits that may cost its new owners, Bayer, billions in damages.
 
Monsanto manufactures glyphosate-based weedkillers which some believe are carcinogenic.
 
Last month it lost a $289m (£225m) court case that alleged its products Roundup and RangerPro had led to a Californian man's terminal cancer.
 
Bayer said the number of outstanding cases had risen from 5,200 to 8,000.
 
The German firm's shares have lost 11% of their value since it lost the case in a California court to groundskeeper Dewayne Johnson, who claimed Monsanto herbicides containing glyphosate, had caused his non-Hodgkins lymphoma.
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