Reading Time: < 1 minute Washington | Reuters — Elanco Animal Health has won U.S. antitrust approval to buy Bayer’s animal health business on condition that it sell assets to treat three ailments, two in dogs and one in cattle, the Federal Trade Commission said on Wednesday. The deal was valued at $7.6 billion when it was announced in August […] Read more
Tag Archives animal health
Elanco Animal Health wins U.S. approval to buy Bayer unit
Elanco to shed cattle pour-on brand, others for approval
Elanco forgoes Canadian poultry insecticide rights for Bayer deal
Reading Time: < 1 minute Reuters — Elanco Animal Health has decided against acquiring Bayer’s Canadian distribution rights to several poultry insecticides, Canada’s Competition Bureau said on Tuesday, as it looks to complete a $7.6-billion deal. The U.S.-based company will also divest its canine ear infection treatment product Osurnia and Bayer’s feline dewormer Profender to address competition concerns about its […] Read more
Elanco gets EU’s conditional antitrust OK for Bayer deal
Approval calls for sale of Vecoxan brand, among others
Reading Time: < 1 minute Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns about the US$7.6 billion deal. The European Commission said the companies will sell either Elanco or Bayer’s products or those in the pipeline, including licenses, […] Read more
Zoetis buys livestock data management firm
Performance Beef platform to expand drugmaker's 'precision' production offering
Reading Time: 2 minutes The producer of livestock drugs such as Draxxin, Bovatec and Excede is buying space in the “precision livestock farming” market with a deal for a U.S. livestock data management firm. New Jersey-based Zoetis, which makes drugs and vaccines for the beef and dairy cattle, equine, swine, poultry and sheep sectors as well as cats and […] Read more
Federal Tories pledge to postpone new livestock transport rules
Reading Time: 3 minutes A federal Conservative government would postpone major amendments to animal health regulations dealing with livestock transport, otherwise due to come into effect in February next year. Andrew Scheer’s Conservatives on Friday released a platform promising a number of regulatory changes of interest to grain and livestock producers ahead of the federal election on Oct. 21. […] Read more
Alberta proposes heavier penalties for on-farm trespassing
Reading Time: 3 minutes Alberta’s government proposes to discourage future on-farm protests — events in the style of an occupation held early last month at an Alberta Hutterite colony’s turkey farm — on pain of new penalties. Speaking Thursday at the Jumbo Valley colony near Fort Macleod, Premier Jason Kenney, Justice Minister Doug Schweitzer and Agriculture Minister Devin Dreeshen […] Read more
Elanco to become No. 2 in animal health with Bayer deal
Reading Time: 3 minutes Reuters — Elanco Animal Health agreed to buy Bayer’s veterinary drugs unit on Tuesday in a cash and stock deal valued at US$7.6 billion (C$10 billion), creating the second largest maker of medicines for livestock and pets and expanding Elanco’s reach online. The deal is the latest in the fast-growing animal health market, which has […] Read more
Bayer, Elanco said aiming to reach animal health deal next week
Reading Time: < 1 minute Reuters — Germany’s Bayer and U.S. drug firm Elanco Animal Health aim to reach an agreement to combine their animal health businesses as soon as next week, Bloomberg reported Wednesday, citing people with knowledge of the matter. Elanco plans to pay for at least a part of the deal with its stock and any deal […] Read more
Merck bolsters animal health unit with Allflex deal
Reading Time: 2 minutes Reuters — Merck and Co. said on Friday it will buy privately-held French company Antelliq Group, which makes digital identification products for livestock, for about 2.1 billion euros (C$3.19 billion) to bolster its fast-growing animal health business. The move affirms the drugmaker’s commitment to the business, which Wall Street analysts have long seen value in […] Read more
Bayer to shed animal health division, others after Monsanto deal
Reading Time: 2 minutes Frankfurt | Reuters — Bayer, the German drugmaker that bought U.S. seed company Monsanto, announced on Thursday the sale of its animal health business and a number of others, around 12,000 job cuts and 3.3 billion euros (C$4.98 billion) in impairments. CEO Werner Baumann is under pressure to boost Bayer’s share price after a drop […] Read more
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