HomeNewsBusinessCompaniesCalifornia verdict on Monsanto's Roundup could have India implications

California verdict on Monsanto's Roundup could have India implications

The latest annual report of Monsanto’s India unit states that its brand Roundup maintains market leadership with sales of around Rs 185.66 crore, which is 28 percent of its net sales of Rs 667.44 crore in FY18

August 11, 2018 / 21:34 IST
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Viswanath Pilla

Moneycontrol News

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A California jury on Friday found Monsanto liable in a lawsuit filed by a man who alleged the company's glyphosate-based weed-killers, including Roundup, caused his cancer and ordered the company to pay $289 million in damages.

The case of school groundskeeper Dewayne Johnson was the first lawsuit to go to trial alleging glyphosate causes cancer.