UK Watchdog Probes Elanco’s Dog Ear Treatment Deal

Law360 (March 26, 2020, 6:14 PM EDT) -- U.K. antitrust regulators opened an investigation Thursday into Elanco's planned $135 million sale of a treatment for ear infections in dogs, reached so it could get its anticipated purchase of Bayer AG's animal health business approved.

The country's Competition and Markets Authority announced that it was looking into the expected acquisition of the Osurnia business of Elanco Animal Health Inc. by Dechra Pharmaceuticals PLC because it might cause antitrust concerns. Osurnia is a treatment for otitis externa in dogs.

Elanco said in August it had reached a $7.6 billion deal to buy Bayer's animal health business, but the agreement must still...

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