Sanofi-Aventis, Merck and Lilly boost animal health businesses
09 March 2010
Simon Varcoe
simon.varcoe@informa.com
Sanofi-Aventis has exercised its option to combine its animal health business
Merial with
Intervet/Schering-Plough Animal Health,
Merck & Co's animal health unit.
Sanofi-Aventis bought out Merck's 50% share in Merial for $4 billion last July and signed a call option agreement at the time...
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