Later this year, Pfizer is merging with Wyeth Pharmaceutical, which owns Fort Dodge Animal Health. After the merger, Boehringer Ingelheim will acquire some of the Ft. Dodge assets from Pfizer. That’s the short version.
According to the official announcement, Boehringer Ingelheim 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.”
If approved, the deal would clear the way for Boehringer Ingelheim to acquire a significant portion of the Fort Dodge product portfolio in several countries, as well as manufacturing and research facilities located in Fort Dodge, Iowa. In the U.S. and Canada Boehringer Ingelheim will own and market the pet and cattle vaccine lines as well as a wide range of pharmaceuticals for pets, cattle and other species. In Canada, several swine vaccines are also part of the package. In Australia, Boehringer Ingelheim will own and market the Fort Dodge pet vaccines and in some European countries and in South Africa, certain cattle vaccines.