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BAYER ACQUIRES TEVA PHARMACEUTICAL'S U.S. ANIMAL HEALTH BUSINESS
Brakke Consulting reports:

Bayer HealthCare LLC announced that it has received the necessary regulatory approvals to complete the acquisition of the U.S.-based animal health business of Teva Pharmaceutical Industries Ltd.

Bayer will pay up to $145 million following the achievement of successful manufacturing and sales targets.

The transaction includes a manufacturing site in St. Joseph, Missouri and nearly 300 employees.


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