Apr. 16, 2019
Bayer AG (BAYN.XE) said last Friday that it will comply with a mediation order from a California judge, but it will continue to defend its products in court.
California judge Vince Chhabria, who is overseeing the litigation alleging Bayer's glyphosate
-based weedkillers cause cancer, on last Thursday canceled a trial set for late May and ordered confidential mediation between the company and the plaintiffs' lawyers.
Bayer said it accepted the order in good faith but reaffirmed its belief in glyphosate's safety record.
The German chemical and pharmaceutical company said it will remain focused on defending the products in a series of ongoing court cases, including appeals and post-trial proceedings.