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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


2<br />

<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


3<br />

<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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<strong>News</strong> <strong>Release</strong><br />

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 />

####<br />

Boehringer Ingelheim <strong>News</strong> <strong>Release</strong> page 4 of 4

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