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EmailIphone Application    Posted: 10th June 2020
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European Commission approves Elanco's acquisition of Bayer Animal Health
"We look forward to turning our full attention to delivering innovation"  - Jeff Simmons, Elanco.

Approval "an important milestone" toward completion.

The proposed acquisition of Bayer's animal health division by Elanco has been approved by the European Commission (EC).

In a press release, Elanco said that it continues to progress toward a mid-year closing, anticipated August 3, 2020. The deal, valued at $7.6 billion, would see Elanco become the second largest company in the animal health sector.

“Approval from the European Commission is an important milestone toward the completion of our acquisition of Bayer Animal Health," commented Jeff Simmons, president and CEO of Elanco.

“As the transaction edges closer to fruition, we look forward to turning our full attention to delivering innovation and an expanded portfolio of solutions for farmers, veterinarians and pet owners across the globe."

Elanco previously announced divestiture agreements, in the range of $120 million to $140 million, to help advance the needed regulatory reviews. The EC’s approval is conditional on several of these proposed divestitures, including:

  • divestiture of the worldwide rights for Osurnia® to Dechra Pharmaceuticals
  • divestiture of the worldwide rights for Vecoxan® to Merck Animal Health
  • divestiture of European Economic Area and UK rights to the Drontal® and Profender® product families, and related pipeline assets, from Bayer Animal Health to Vetoquinol.
     
Mr Simmons continued: “The recent months have only underscored the critical work our farmers do in delivering meat, milk, fish and eggs, and the importance of providing pet owners and veterinarians with a variety of solutions in multiple channels from telemedicine and e-commerce to direct home delivery. Combining Bayer Animal Health’s leadership in these areas better positions Elanco to deliver on these needs.”

 

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Building Great Workplaces webinars return

News Story 1
 BVA has announced a new series of its Building Great Workplaces lunchtime webinars.

Launching from 16 July, the sessions will explore patient safety, motivation, client communication and more.

Its first webinar, exploring neurodiversity in the workplace, will take place at 1pm on Thursday, 16 July. It will feature guest speakers from The Vet Project, a group which supports neurodiversity in veterinary environments.

The following three webinars take place in September, October and November.

Booking is open on the BVA website 

Click here for more...
News Shorts
New form for online veterinary medicines retailers

The Veterinary Medicines Directorate (VMD) has produced a new online form for retailers wishing to sell veterinary medicines on the internet.

The form replace the previous Word version and is part of the VMD's ongoing commitment to digitise its processes. Anyone retailing prescription medicines online, including POM-V, POM-VPS and NFA-VPS categories, is lawfully required to register with the VMD before trading.

The change only applies to new applicants. Retailers already listed on the VMD's Register of Online Retailers or registered under the Accredited Internet Retailer Scheme (AIRS) do not need to do anything.