2024-03-09 09:18:39
Bayer is working on developing a substitute for glyphosate, said the boss of the German chemical group Bill Anderson, regarding the controversial herbicide, in an interview with the German Sunday newspaper Frankfurter Allgemeine Sonntagszeitung.
“We are testing this new substance on real plants. This is the first revolutionary innovation in this field in thirty years. Our goal is to bring this new product to the market in 2028, so in four years,” he told the German newspaper.
Bayer is struggling with a number of lawsuits in the United States linked to the alleged carcinogenic effects of glyphosate produced by Monsanto, an American group that the German firm bought in 2018 for $60 billion.
At the end of January, 54,000 files remained to be settled out of a stock of 167,000 registered requests.
Bayer has recently been hit with billions of dollars in fines, with appeals still ongoing.
To the Frankfurter Allgemeine Sonntagszeitung, Mr. Anderson reiterated that his group wanted to speed up the resolution of disputes related to the herbicide.
“We will improve our defense strategy and see what we can do outside the courtrooms to limit legal risks,” he said.
“I understand the interest in more details, but it would not be in our interest to disclose our strategy” to American lawyers, he added.
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