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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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Defra shares new Sanitary and Phytosanitary guidance

News Story 1
 Defra has published guidance for the vet sector ahead of a proposed UK-EU Sanitary and Phytosanitary agreement.

The agreement, which will change the movement and trade of animals and related products, could see reductions in checks, paperwork and certification. As well as describing regulatory developments, the advice highlights the importance of animal ID, registration and traceability in disease control and other compliance arrangements.

The guidance can be found here. More detail is expected as negotiations progress. 

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.