Bayer shares plunge on new US cancer ruling

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FRANKFURT AM MAIN: Shares in German chemicals and pharmaceuticals giant Bayer plunged as markets opened Wednesday, after a second US jury ruled that b...

: Shares in German chemicals and pharmaceuticals giant Bayer plunged as markets opened Wednesday, after a second US jury ruled that blockbuster pesticide Roundup — made by recently-acquired Monsanto — causes cancer.

On Tuesday a California jury found that Monsanto’s Roundup — a herbicide built on active ingredient glyphosate — caused cancer in a man who sprayed it on his garden over decades.

 

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