Bayer Says $7.6bn Farewell To Animal Health As It Sells Unit To Elanco

 
• By Alexandra Shimmings

Bayer is relinquishing its Animal Health Unit to Elanco as the German major turns its focus more towards life sciences. The money received should help it pay down some Monsanto debt, but there are antitrust concerns.

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Bayer is leaving the animals behind • Source: Shutterstock

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