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Regions :: Western Europe :: France
Sanofi-Aventis and Merck & Co. Terminate Agreement to Form Animal Health JV
12:45 AM MDT | March 22, 2011 | Deepti Ramesh
Sanofi-Aventis (Paris) and Merck & Co. (Whitehouse Station, NJ) say they have terminated their previously announced agreement to form a new animal health joint venture by combining Merial, the animal health business of Sanofi-Aventis, with Intervet/Schering-Plough (Boxmeer, the Netherlands), Merck’s animal health unit. As a result of termination, both Merial and Intervet/Schering-Plough will continue to operate independently. The plans for the jv were first announced in March 2010. Since the initial announcement “both companies have worked...
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