US, WASHINGTON (ORDO NEWS) — Bayer, a German agrochemical group, was banned from selling dicamba-based weed control herbicides in the United States after an appeals court rejected a regulator’s previously issued regulatory approval for this product.
A panel of three judges decided that the US Environmental Protection Agency (EPA) significantly reduces the risks associated with the use of dicamba in herbicides produced by Bayer and its competitors.
The environmental groups that filed the lawsuit in 2018 tried to get the court to force the EPA to withdraw approval of the XtendiMax product based on the Monsanto dicamba, claiming that it harms not only nearby crops and plants, but also wildlife.
Bayer became involved in this and other lawsuits two years ago as a result of the acquisition of Monsanto for $ 63 billion.
The ruling also blocks the sale of other dicamba-based herbicides, such as Engenia from BASF and FeXapan from Corteva Agriscience.
Both Bayer and BASF said they did not agree with the court decision. Bayer shares were trading 3.3% lower on the day of the court decision, while BASF shares were down 0.7%.
Bayer noted that this resolution refers to the 2018 EPA registration decision, which expires in December, and the company is now working on a new EPA registration for herbicides for 2021 and beyond.
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