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ELANCO, CHINA ANIMAL HEALTHCARE ANNOUNCE AGREEMENT
Brakke Consulting reports:

Eli Lilly, parent company of Elanco, announced a non-legally binding memorandum of understanding with China Animal Healthcare that covers the possible commercialization of a protein supplement that increases milk production in healthy lactating cows.

Eli Lilly holds a 20.35% stake in China Animal Healthcare.

Elanco will likely provide China Animal Healthcare with the supplement, which the latter will market and distribute in China.


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