Bayer Rises Following Trump Administration's Support for Supreme Court Review in Roundup Lawsuit
Bayer's Stock Surge: Bayer's stock rose by 11.3% in European trading following support from the Trump administration for its appeal to the U.S. Supreme Court regarding lawsuits linked to its Roundup weedkiller.
Solicitor General's Recommendation: U.S. Solicitor General D. John Sauer recommended that the Supreme Court hear Bayer's challenge to a $1.25 million jury verdict, arguing that federal pesticide law should preempt state-level failure-to-warn claims.
EPA's Position on Glyphosate: Sauer highlighted that the U.S. Environmental Protection Agency has consistently found glyphosate, the active ingredient in Roundup, not likely to be carcinogenic, supporting Bayer's case.
Bayer's Litigation Strategy: Analysts noted that the Solicitor General's backing is a positive development for Bayer as it aims to resolve glyphosate-related litigation by the end of 2026 as part of its strategic plan.
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