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Sep. 4, 2018 Dow Jones reports: Bayer AG (BAYN.XE) said Monday that it welcomed a ruling by a Brazilian court ensuring that growers in the country can continue to use glyphosate-based herbicides. In August a judge had issued an injunction "that could have prohibited the registration and use of glyphosate-based herbicides and several other crop protection products in the country," the company said. "The injunction was not a ruling on glyphosate safety but only related to delays in routine regulatory reviews of crop-protection products," it added. In August, Monsanto Co., recently acquired by Bayer, was ordered to pay $289.2 million in a landmark lawsuit in California over whether exposure to two of its glyphosate-based weed killers caused cancer. The ruling found that the products presented a "substantial danger" to consumers. Bayer said at the time that the verdict was "at odds with the weight of scientific evidence, decades of real world experience and the conclusions of regulators around the world." Tweet |
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