Navigation Links
Schering-Plough Announces Planned Divestiture of Select Animal Health Products in Europe
Date:4/23/2008

KENILWORTH, N.J., April 23 /PRNewswire-FirstCall/ -- Schering-Plough Corporation (NYSE: SGP) today announced two agreements to divest animal health products from 12 product franchises in Europe. These agreements are in connection with conditions set forth by the European Commission as part of its October 2007 clearance of Schering-Plough's acquisition of the Intervet animal health business from Akzo Nobel N.V.

In two separate agreements, Pfizer and Virbac, a French animal health company, will acquire the 12 product franchises. Pfizer will acquire products from Schering-Plough's parasiticide, swine E. coli vaccine, ruminant clostridia vaccine, equine influenza vaccine, ruminant neonatal vaccine, anti-inflammatory, companion animal/insulin and companion animal/euthanasia, and rabies vaccine franchises. Virbac will acquire products from Schering-Plough's endocrine, mastitis and sulphonamide franchises. The agreements do not affect Schering-Plough's marketing of these products in other global markets. No manufacturing facilities or employees will be transferred with these products. Schering-Plough will supply product to both Pfizer and Virbac with oversight from a monitoring trustee for a contractually defined period of time. The transactions are subject to certain closing conditions, including regulatory approval by the European Commission.

DISCLOSURE NOTICE: The information in this press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the divestiture of certain animal health products. Forward-looking statements relate to expectations or forecasts of future events. Schering-Plough does not assume the obligation to u
'/>"/>

SOURCE Schering-Plough Corporation
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2

Related biology technology :

1. Schering-Plough Reports Financial Results for First Quarter of 2008
2. Schering-Plough Schedules Conference Call and Webcast for 2008 First Quarter Earnings
3. Schering-Plough Launches Productivity Transformation Program To Confront New Challenges
4. Centocor, Inc. and Schering-Plough Submit Application Requesting Approval of Golimumab in Europe for the Treatment of Rheumatoid Arthritis, Psoriatic Arthritis and Ankylosing Spondylitis
5. Schering-Plough Announces Filing of U.S. Application for OTC ZEGERID(R)
6. Schering-Plough Reports Financial Results for 2007 Fourth Quarter, Full Year
7. Schering-Plough and OraSure Technologies Sign International Collaboration for Rapid Point-of-Care Oral Hepatitis C Test
8. Schering-Plough Announces Organizational Changes at Schering-Plough Research Institute
9. FDA Grants Priority Review for Schering-Ploughs Peginterferon Alfa-2b for the Adjuvant Treatment of Patients With Stage III Melanoma
10. Schering-Plough Announces Sugammadex New Drug Application Filed in Japan
11. Schering-Plough Announces New Drug Application for Sugammadex Assigned Priority Review Status by U.S. FDA

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/20/2009)... , SAN DIEGO, Nov. 20 Veridiam ...rd in the mid-size company category at the 2009 Wo...d by the San Diego Society for Human Resources Man...uman resources practices. ,, Veridiam was one o...ee-nominated companies, honored at the recent awar...
(Date:11/20/2009)... , ROCKVILLE, Md., Nov. 20 /PRNewswire-FirstC...nced that it has priced an underwritten public off... price to the public of $3.30 per share. The appr...ting the underwriting discounts and commissions, w...rials of our VLP-based vaccines, internal research...
(Date:11/20/2009)... , SEATTLE, Nov. 20 /PRNewswire-FirstCall/ ...CTIC) announced today that the Ninth Circuit Court...nd ruled that CTI should be allowed to pursue all ...case back to the District Court for trial. CTI fi...er third-party reimbursement consultant for CTI,s ...
(Date:11/20/2009)... METTLER TOLEDO recently annou...ee webinar, “The Role of Process Analytical ...neering” on December 1, 2009. , ...he The Role of Process Analytical Technology (PAT... on December 1, Process Analytical Technology (PA...
Breaking Biology Technology:Veridiam Wins Workplace Excellence Crystal Award in Mid-Size Company Category 2Novavax Prices Public Offering of Common Stock 2Cell Therapeutics Wins Federal Appeal to Pursue $22.8 Million Claim Against The Lash Group 2Process Analytical Technology (PAT) in Green Chemistry and Green Engineering 2
...en Eynon Each Assume Vice President Roles at ... Texas, July 1 Molecular Imprints, Inc., the,mark... and solutions, today,announced that Ben Eynon and...ese distinguished industry veterans are assuming t...ss development for semiconductors, and,vice presid...
...uly 1 Isis,Pharmaceuticals, Inc. (Nasdaq: ISIS )...ional $20 million in Ibis Biosciences, Inc., an Is...urther develop the Ibis,T5000(TM) Biosensor System...ication and characterization of infectious agents....lusive option to purchase the remaining,equity in ...
...ilk goes green: Cows that receive recombinant Bovi...le easing natural resource pressure and substantia...Cornell University study to be published in the P...une 30, 2008.) , Producing milk uses large quant...t biotech product used on American farms has been...
Other Biology Technology:Industry Veterans Join Molecular Imprints' Management Team 2Industry Veterans Join Molecular Imprints' Management Team 3Abbott Invests Additional $20M in Isis' Subsidiary Ibis Biosciences 2Abbott Invests Additional $20M in Isis' Subsidiary Ibis Biosciences 3Carbon hoofprint: Cows supplemented with rbST reduce agriculture's environmental impact 2
(Date:11/20/2009)...e pulmonary disease (COPD), a respiratory disease ... is the fourth leading cause of death worldwide. ...chers have yet to find any real treatment or cure,...e University of Western Ontario in London, Canada,...nsight into the disease. , Parraga is a scie...
(Date:11/20/2009)...n a new study, researchers report that a class of ...helpful, or harmful, effect on the heart, dependin...h appears in the journal Circulation Research , f...- and beta-receptors on the heart muscle offer the...t target only the beta-receptors can actually unde...
(Date:11/19/2009)...5,000 years ago, at the end of the last ice age, N...ncluding such iconic creatures as mammoths, mastod...rs began their precipitous slide to extinction. ,...land whose diversity of large animals equaled or s...hen or now, an entirely novel ecosystem emerged as...
Breaking Biology News(10 mins):Gaining a better picture of lung disease 2Carvedilol shown to have unique characteristics among beta blockers 2After mastodons and mammoths, a transformed landscape 2After mastodons and mammoths, a transformed landscape 3The Ensign Group Declares Quarterly Dividend 49322 1Leaders from the Field of Pain Therapeutics to Discuss Latest Discoveries and Breakthroughs at Arrowhead 26apos 3Bs 3rd Annual Pain Therapeutics Summi 49317 1Leaders from the Field of Pain Therapeutics to Discuss Latest Discoveries and Breakthroughs at Arrowhead 26apos 3Bs 3rd Annual Pain Therapeutics Summi 49317 2Leaders from the Field of Pain Therapeutics to Discuss Latest Discoveries and Breakthroughs at Arrowhead 26apos 3Bs 3rd Annual Pain Therapeutics Summi 49317 3Leaders from the Field of Pain Therapeutics to Discuss Latest Discoveries and Breakthroughs at Arrowhead 26apos 3Bs 3rd Annual Pain Therapeutics Summi 49317 4New Safety Regulations Drive Greater Need for Resources and Expertise at Every Stage of Clinical Development 4612 1New Safety Regulations Drive Greater Need for Resources and Expertise at Every Stage of Clinical Development 4612 2New Safety Regulations Drive Greater Need for Resources and Expertise at Every Stage of Clinical Development 4612 3
...nt to guide their nest-mates to good food sources,...ty of London. , For any animal, finding food on i...al animals such as bees reduce these problems by i...uiting, them to the search. , Honeybees use their...direction of a food source. But bumblebees can,t c...
...University have discovered a mechanism that silenc...ngs, published in today,s on-line issue of Molecu...human disorder Beckwith-Wiedemann syndrome. , In ...osome, one inherited from the mother and one from ...r be active or inactive. If a gene is active on th...
...reen schools acoustically sound? How do dolphins a...tees from getting hit by ships? What secrets will ...ages reveal? Can we detect hidden cars in forests ... noise in the home? How does the brain deal with s...t will be addressed at the 156th meeting of the Ac...
Other Biology News:Newly-discovered mechanism can explain the Beckwith-Wiedemann syndrome 2156th Acoustical Society of America Meeting, Nov. 10-14, 2008 in Miami 2156th Acoustical Society of America Meeting, Nov. 10-14, 2008 in Miami 3156th Acoustical Society of America Meeting, Nov. 10-14, 2008 in Miami 4156th Acoustical Society of America Meeting, Nov. 10-14, 2008 in Miami 5156th Acoustical Society of America Meeting, Nov. 10-14, 2008 in Miami 6156th Acoustical Society of America Meeting, Nov. 10-14, 2008 in Miami 7
...Solutions RNAi Services offer you a full range of ...ed design parameters, effective synthetic siRNA re...tain quality results from your siRNA experiments. ...oprietary B-Algo algorithm to define siRNA sequenc...
...e-line PowerPac 3000 power supply is the most vers...c focusing, DNA sequencing, isotachophoresis, SDS-...sis, western blotting, and submerged gel nucleic a... 3000 power supply offers enough power to run the ...
... GT and PowerPac 3000 system, 220-240 V, is used f...ical slab gel format. The system includes the modu...pable of separating nucleic acids with single base...amber (IPC) assembly (IPC and bonded inner glass p...
Optional Fixed Lens, 105 mm from Bio-Rad
Biology Products: