Organic Lifestyle Magazine

Bayer Using Coronavirus as Excuse to not Pay for Glyphosate Damage

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Last updated on: April 28, 2020

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Even during the coronavirus pandemic, German company Bayer has shown increases in earnings in its first quarter. Despite a rise in earnings, Bayer is using the current economic downturn to avoid paying for glyphosate damages. In a statement released last Monday Bayer says the mediation process has been significantly slowed down due to the coronavirus.

Related: Foods Most Likely to Contain Glyphosate

Bayer credits its rise in earnings to those stockpiling drugs due to the pandemic. Despite the rise in earnings, the operating cash flow has decreased from 1 billion euros in the previous year to 189 million due to settlements.

The company will consider a deal only if it is financially reasonable and puts in place a mechanism to resolve potential future claims efficiently. This applies now more than ever,”

Werner Baumann, Cheif Executive

The number of plaintiffs in the U.S blaming glyphosate for cancer has risen 52,500 since its 48,600 in February. Bayer continues to deny claims that Roundup or glyphosate, the active ingredient, causes cancer, citing several independent studies that show it’s safe for human use.

Related: How to Eliminate IBS, IBD, Leaky Gut 
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Sage Edwards

Sage Edwards

Sage is a writer and photographer for Organic Lifestyle Magazine. At 18 years old Sage weighed more than 320 pounds. After years of being in persistent pain at such a young age, she decided it was time for a change. She started cranberry lemonade, a salad a day, cut out refined sugar and processed foods, Sage lost 100 pounds in less than a year. Today she likes to start her mornings with a run and weight lifting, and a big salad. She enjoys cooking, working out, and learning about health and the way of the Organic Lifestyle.

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