BERLIN -- German pharma giant Bayer says it's paying up to $10.9 billion to settle a lawsuit over subsidiary Monsanto's weedkiller Roundup.
RELATED: Jury awards $2 billion to Livermore couple who says Roundup caused cancer
Monsanto has faced numerous lawsuits over claims it causes cancer.
In a statement Wednesday, Bayer said it was also paying up $1.22 billion to settle two further cases, one involving PCB in water.
RELATED: Roundup maker Monsanto appeals $78.5 million verdict over Bay Area man's cancer
The Leverkusen, Germany-based company said the Roundup settlement would bring closure to approximately 75%'' of the current 125,000 filed and unfiled claims. It said the agreement is subject to approval by Judge Vince Chhabria of the U.S. District Court for the Northern District of California.
Monsanto Lawsuit: Bayer says it's paying up to $10.9B to settle lawsuit over Monsanto's weedkiller, PCB cases
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