trending Market Intelligence /marketintelligence/en/news-insights/trending/-KJXlaAuZ3vHj-n4ScXhtA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Elanco divests drug to allay antitrust concerns in Bayer animal health deal

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Elanco divests drug to allay antitrust concerns in Bayer animal health deal

Elanco Animal Health Inc. is selling Osurnia, an ear inflammation therapy for dogs, to U.K. drugmaker Dechra Pharmaceuticals PLC for $135 million in cash.

Greenfield, Ind.-based Elanco said it made an independent decision to divest global rights to Osurnia, which generated revenues of $31.2 million in 2018, in a bid to allay antitrust concerns related to its $7.6 billion acquisition of Bayer AG's animal health business.

Deal closing is based on Elanco entering into a settlement with the Federal Trade Commission, the European Commission and other agencies in connection with its Bayer transaction.

Elanco said it expects to divest a small portfolio of products with total 2018 revenue of about $120 million to $140 million across both organizations to achieve any required clearances globally for the acquisition of Bayer's animal health unit.

The company previously said it expects to close the deal with Bayer in mid-2020, despite the extension of the waiting period after the FTC requested additional information from the companies related to the proposed acquisition.

Goldman Sachs served as financial adviser, while Paul Weiss Rifkind Wharton & Garrison LLP, Covington & Burling LLP, and Slaughter and May acted as legal counsel to Elanco in the Osurnia sale.