Austrian lawmakers voted to ban the key chemical in Roundup, a fresh blow to Bayer
BERLIN—Austrian lawmakers Tuesday banned the key chemical in Roundup—a first in Europe and a fresh blow to Bayer AG, which has lost several lawsuits in the U.S. alleging that the potent herbicide causes cancer.
The German chemicals and pharmaceuticals company completed the acquisition of Roundup inventor Monsanto Co. last year, but saw its share price plummet after a jury ruled against it for the first time. Thousands of cancer patients have since filed similar suits seeking damages.
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