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
Tag Archives animal health — page 6
Elanco to become No. 2 in animal health with Bayer deal
Bayer, Elanco said aiming to reach animal health deal next week
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
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
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
AgriRecovery offered for B.C. wildfire costs
British Columbia ranchers and farmers who lost pasture or cropland or had to move livestock out of the path of wildfires this year may be eligible for AgriRecovery funding. The federal and B.C. governments on Thursday announced a new AgriRecovery program worth up to $5 million to help defray “extraordinary costs incurred” due to wildfires […] Read more
Animal health firm Elanco surges on trading debut
Reuters — Eli Lilly unit Elanco Animal Health’s shares jumped as much as 41 per cent on their stock market debut on Thursday, adding to investor enthusiasm for the fast-growing animal healthcare market. Elanco’s shares opened at $32.25 on the New York Stock Exchange, higher than their IPO price of $24 per share, giving the […] Read more
Lilly’s Elanco unit expects IPO to raise up to US$1.45 billion
Reuters — Eli Lilly + Co.’s Elanco Animal Health unit expects its initial public offering to raise up to US$1.45 billion, betting on increased appetite among investors for animal health companies. The IPO of 62.9 million shares is expected to be priced between $20-$23 per unit, with the company having a valuation of about $8 […] Read more
The far-reaching effects of rumen acidosis
It is a painful condition caused by eating too much highly digestible starch or sugar and can also decrease performance
Ruminal acidosis can be a painful condition for cattle and could lead to other problems like ruminitis, laminitis or liver abscesses. Acute acidosis can occur when cattle consume too much highly digestible starch or sugar. It is often seen among feedlot cattle but it can also affect the cow-calf sector. It is an animal welfare […] Read more
Public input sought on sustainable beef indicators
Ranchers, consumers and others who have thoughts on how beef and its cattle should be sustainably produced in Canada are asked to speak up again, this time by early November at the latest. The Canadian Roundtable for Sustainable Beef (CRSB), in the midst of developing a Verified Sustainable Beef Framework, has released its new draft […] Read more
Greig: Animal welfare research focusing more on emotional states
Animal welfare research is moving beyond identifying what keeps an animal healthy, to focus more on their state of being and their happiness. For years, farmers have justified the way they manage and house animals based on objective measures of their health: disease prevalence, growth rates and feed consumption. Consumer research, however, shows that’s not […] Read more
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