Bayer Sees 'Existential' Threat From Roundup Suits, CEO Says
Glyphosate is a key ingredient in the popular herbicide Roundup. Image: Reuters
Bayer AG Chief Executive Officer Bill Anderson said the wave of lawsuits over its widely used weedkiller Roundup is an "existential" threat to the company and farmers.
"The glyphosate litigation topic is an existential topic for our company because it does threaten to remove our ability to continue to innovate for farmers and for food security," Anderson said in a speech at the Executives' Club of Chicago on Thursday, referring to Roundup's key ingredient.
