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<strong>News</strong> <strong>Release</strong><br />
Boehringer Ingelheim Vetmedica Inc.<br />
Enters Into an Agreement to Sell U.S.<br />
Feline, Canine and Rabies Vaccines<br />
Portfolio to Elanco Animal Health<br />
Deal Subject to FTC Approval and Successful Closing of BI/Sanofi Asset Swap<br />
ST. JOSEPH, MO. October 5, 2016 – Boehringer Ingelheim<br />
Vetmedica Inc. (BIVI) today announced an agreement with<br />
Elanco U.S., Inc., a subsidiary of Eli Lilly and Company (NYSE:<br />
LLY), to sell a portfolio of U.S. canine, feline and rabies<br />
vaccines, as well as a fully integrated manufacturing and R&D<br />
site, to Elanco. The sale price of $885 million includes the<br />
estimated cost of acquired inventory. The deal is conditioned on<br />
antitrust approval and closing of the Boehringer Ingelheim (BI)<br />
asset swap transaction with Sanofi that was signed in June<br />
2016.<br />
“This agreement is an important step toward a successful<br />
acquisition of Merial,” said Dr. Albrecht Kissel, president and<br />
CEO of Boehringer Ingelheim Vetmedica Inc. “This was a highly<br />
complex decision from a business and from an emotional<br />
perspective. It was certainly not taken lightly particularly in view<br />
of the history and significant positive developments of this<br />
business over the past years.”<br />
Rene Ward<br />
Director, Public Relations and<br />
Internal Communications<br />
3902 Gene Field Rd.<br />
St. Joseph, MO 64506<br />
Phone: 816-244-7489<br />
E-mail: rene.wardt@boehringeringelheim.com<br />
www.bi-vetmedica.com<br />
Julie Lux<br />
FLM+<br />
816-807-9972<br />
jlux@wideopenthinking.com<br />
“We are confident that, under Elanco’s leadership, customers<br />
will continue to have access to these innovative vaccines and<br />
the portfolio will have strong support,” Kissel added.<br />
Boehringer Ingelheim <strong>News</strong> <strong>Release</strong> page 1 of 4
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<strong>News</strong> <strong>Release</strong><br />
The current BIVI vaccine portfolio has experienced consistent<br />
revenue growth over the past three years. Just this year, the<br />
company launched two new vaccines, ULTRA TM Hybrid TM<br />
FVRCP and ULTRA Duramune ® Lyme, both available in the<br />
innovative 0.5mL dose developed by BIVI.<br />
The sale to Elanco is anticipated to close by early 2017 subject<br />
to approval by the Federal Trade Commission, and other<br />
contingencies.<br />
Products included within the proposed Elanco acquisition:<br />
Canine:<br />
Duramune ®<br />
Duramune ® Max 5/4L<br />
Duramune ® Max 5<br />
Duramune ® Max 5-Cvk/4L<br />
Duramune ® Max 5-Cvk<br />
Duramune ® Max Pv<br />
Duramune ® CV-K<br />
Duramune ® Max PC<br />
Duramune ® Adult 3<br />
LeptoVax ® 4<br />
LeptoVax ® 4/C<br />
Bronchi-Shield ®<br />
Bronchi-Shield ® ORAL<br />
Bronchi-Shield ® III<br />
Duramune Lyme ®<br />
Duramune Lyme ®<br />
Duramune Lyme ® +LeptoVax ® 4<br />
Duramune Lyme ® +Leptovax ® 4/C<br />
Duramune Lyme ® +Max 5/4L<br />
Duramune Lyme ® +Max5-CvK/4L<br />
Duramune Lyme ® +Max5-CvK<br />
ULTRA TM Duramune ®<br />
ULTRA TM Duramune ® DAP+4L<br />
ULTRA TM Duramune ® DAP<br />
ULTRA TM Duramune ® 4L<br />
ULTRA TM Duramune ® DAP+C4L<br />
ULTRA TM Duramune ® DAP+C<br />
ULTRA TM Duramune ® Lyme<br />
Boehringer Ingelheim <strong>News</strong> <strong>Release</strong> page 2 of 4
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<strong>News</strong> <strong>Release</strong><br />
Feline:<br />
Fel-O-Vax ®<br />
Fel-O-Vax Lv-K ® III + CaliciVax ®<br />
Fel-O-Vax ® Lv-K ®<br />
Fel-O-Vax ® Lv-K/FIV<br />
Fel-O-Vax ® IV+CaliciVax ®<br />
Fel-O-Vax ® PCT+CaliciVax ®<br />
Fel-O-Vax ® Lv-K IV+CaliciVax ®<br />
Fel-O-Vax ® FIV<br />
CaliciVax ®<br />
ULTRA TM Fel-O-Vax ®<br />
ULTRA TM Fel-O-Vax ® FVRCP+FeLV<br />
ULTRA TM Fel-O-Vax ® FVRCP<br />
ULTRA TM Fel-O-Vax ® FeLV<br />
ULTRA TM Fel-O-Vax ® Dual FCV<br />
Ultra TM Hybrid TM FVRCP<br />
Fel-O-Guard ®<br />
Fel-O-Guard ® Plus 3<br />
Fel-O-Guard ® Plus 3+Lv-K<br />
Fel-O-Guard ® Plus 4<br />
Fel-O-Guard ® Plus 4 +Lv-K<br />
Rabies<br />
Rabvac ®<br />
Rabvac ® 3<br />
Rabvac ® 1<br />
About Boehringer Ingelheim Vetmedica, Inc. (BIVI)<br />
Boehringer Ingelheim Vetmedica, Inc. (BIVI), is the U.S. animal<br />
health division of Boehringer Ingelheim GmbH. BIVI develops,<br />
manufactures and markets novel and innovative solutions for<br />
the prevention and treatment of disease in the cattle, equine,<br />
pet and swine markets. BIVI is the fifth largest animal health<br />
company in the U.S. Our U.S. headquarters is located within<br />
the KC Animal Health Corridor in St. Joseph, Mo. We have<br />
2,000 employees unleashing their collective passion to keep<br />
animals healthy every day.<br />
With more than 3,800 employees worldwide, Boehringer<br />
Ingelheim Animal Health achieved net sales of about 1.4 billion<br />
euros in 2015. In our research-driven Animal Health business,<br />
Boehringer Ingelheim continually invests more than 11 percent<br />
of net sales of the Animal Health business in R&D.<br />
Boehringer Ingelheim <strong>News</strong> <strong>Release</strong> page 3 of 4
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Boehringer Ingelheim is one of the world’s 20 leading<br />
pharmaceutical companies. Headquartered in Ingelheim,<br />
Germany, Boehringer Ingelheim operates globally through 145<br />
affiliates and a total of some 47,500 employees. Founded in<br />
1885, the focus of the family-owned company is on researching,<br />
developing, manufacturing and marketing new medications of<br />
high therapeutic value for human and veterinary medicine.<br />
Social responsibility is an important element of the corporate<br />
culture at Boehringer Ingelheim. This includes worldwide<br />
involvement in social projects through, for example, the “Making<br />
More Health” initiative while also caring for employees.<br />
Respect, equal opportunity and reconciling career and family<br />
form the foundation of mutual cooperation. The company also<br />
focuses on environmental protection and sustainability in<br />
everything it does.<br />
For more information, please visit bi-vetmedica.com.<br />
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Boehringer Ingelheim <strong>News</strong> <strong>Release</strong> page 4 of 4