Boehringer Ingelheim Animal Health Enters into Agreement to Acquire Certain Assets of Fort Dodge Animal Health from Pfizer Acquisition will strengthen Boehringer Ingelheim’s position as a vaccine supplier among the world’s top animal health companies. Ingelheim, Germany and St. Joseph, MO (September 21, 2009) – Boehringer Ingelheim, a global pharmaceutical group of companies, together with its U.S. animal health business Boehringer Ingelheim Vetmedica, Inc., announced today that it has entered into an agreement with Pfizer to acquire certain assets of Wyeth Pharmaceutical’s Fort Dodge Animal Health business upon the closing of the global Pfizer-Wyeth merger, which is expected to occur early in the fourth quarter. The deal, which is subject to anti-trust clearance, significantly increases the size of Boehringer Ingelheim’s companion animal and cattle portfolios.
Alltech, Mitsui, and Asahi Breweries Creates New Venture - Could Eliminate MSG [Lexington, KENTUCKY] –The Mitsui trading company and the world renowned Japanese Asahi Breweries announced a new partnership, which will create a joint venture company trading as Advanced Yeast Technologies Japan between Mitsui and Asahi.
Are we living in a state of crisis? We must ask ourselves this, when we live in a world where we have to bailout Ford and General Motors, the $50 billion collapse of the semi-exclusive fund run by legendary investor Bernie Madoff, and key people such as, Richard L. Bond, President and CEO of Tyson, are gone. We live in a world where the doom and gloom continues… 7.2 percent unemployment, 11.2 million people without work, and 500,000 lost jobs each month since October. This is the world we live in today.
US – Leaders from the US division of Intervet/Schering-Plough Animal Health discussed the new combined company at an event held at this year’s North American Veterinary Conference. Intervet/Schering-Plough Animal Health Paul Casady, Vice President, North America and General Manager USA, along with Steve Shell, Companion Animal Business Unit Director, spoke about the strength of Intervet/Schering-Plough Animal Health’s business and its impact on the U.S. animal health industry.