Monsanto's weedkiller Roundup has been at the centre of over 1,000 US court cases over alleged cancer link.
The corporation is facing 11,200 US legal cases over the weedkiller Roundup
The CEO of the German chemical giant
Bayer has insisted that the $63-billion (โฌ55.6-billion) takeover of the American agrochemical and agricultural biotechnology corporation
Monsanto in 2018 was a "good idea" despite the huge legal costs that are building up over the firm's Roundup weedkiller.
When asked by a journalist from the German newspaper
Frankfurter Allgemeine Sonntagszeitung, Bayer CEO Werner Baumann said that "the Monsanto acquisition was and is a good idea."
The multi-billion dollar takeover has turned out to be plagued with other massive expenses.
Two months after the acquisition was completed, Monsanto lost a court case in the US to Dewayne Johnson, a school groundskeeper suffering from terminal non-Hodgkin's lymphoma, who has sued the chemical giant over the glyphosate-based weedkillers Roundup and Ranger Pro.
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