Sanofi, Merck to reunite animal health ops
It’s official: Sanofi-Aventis and Merck are hooking up again on animal health. By combining the animal health business Merck acquired along with Schering-Plough–Intervet–with Sanofi’s now-wholly-owned Merial, the companies would create the biggest animal drugs-and-vaccines company in the world. Merck and Sanofi dissolved their joint venture on Merial when Sanofi bought Merck’s 50 percent share for $4 billion. At the time, Sanofi also got an option to buy into a new animal health
