Pharma giant Bayer to pay Pennsylvania $100M over widespread contamination

Malaysia News News

Pharma giant Bayer to pay Pennsylvania $100M over widespread contamination
Malaysia Latest News,Malaysia Headlines
  • 📰 PhillyInquirer
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

The state has reached a settlement with former agrochemical company Monsanto, now owned by Bayer, for contaminating 1,300 miles of streams and 3,600 acres of lakes with PCBs over five decades.

A representative for Monsato replied

or wrongdoing, for $99.5 million plus $500,000 “in costs.” The statement said Monsanto stopped producing PCBs in 1977 and “never manufactured or disposed of PCBs in Pennsylvania’s environment.” But it was Monsanto that started in 1929 to make, market, sell, and distribute 99% of the PCBs eventually used throughout the U.S. The chemical compounds was used in paints, caulks, inks, dyes, lubricants, sealants, plasticizers, coolants, hydraulic fluids, fireproofing, and industrial electrical equipment such as capacitors and transformers. Monsanto also infamously manufactured dichlorodiphenyltrichloroethane, or DDT, which was banned in the U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PhillyInquirer /  🏆 81. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wolfe Research think this pharma stock can bounce back and deliver long-term earnings growthWolfe Research think this pharma stock can bounce back and deliver long-term earnings growthAnalyst Justin Lake upgraded the stock to outperform from 'peer perform,' noting ithas an 'attractive' risk-reward ratio.
Read more »

Big Pharma Should Cut Ad Spending To Fight Climate ChangeBig Pharma Should Cut Ad Spending To Fight Climate ChangeIf Big Pharma actually cares about the environment, there are plenty of areas they can become more sustainable without risking lives.
Read more »

'Pain Hustlers' Review: Emily Blunt Is the Wolf of Pharma Creeps'Pain Hustlers' Review: Emily Blunt Is the Wolf of Pharma CreepsDavid Yates attempts to take down the opioid companies in a toothless dramedy that brings nothing new to the conversation.
Read more »

Bitget announces further $100M fund for ecosystem developmentBitget announces further $100M fund for ecosystem developmentBitget managing director Gracy Chen said that the fund is “another major step” in the exchange’s mission to be a comprehensive platform.
Read more »

Crypto Exchange Bitget Establishes $100M Pot to Fund Ecosystem GrowthCrypto Exchange Bitget Establishes $100M Pot to Fund Ecosystem GrowthBitget anticipates tightened regulations and growth of layer-2 blockchain networks and DeFi technologies bringing about an evolution in how centralized exchanges operate.
Read more »

Escaped Pennsylvania killer now armed amid manhunt, police sayEscaped Pennsylvania killer now armed amid manhunt, police sayPennsylvania State Police urge residents to lock all doors and windows, secure vehicles and remain indoors.
Read more »



Render Time: 2025-02-25 22:37:07