Further proof Big Pharma mass murders are failing in Human sales and trying to survive through mergers and acquisitions.
The move bodes badly for the safety of animals for human consumption, from the Big Pharma the folks who brought you Vioxx, sign of the double cross and large body count.
~ Uncle Russ
By LINDA A. JOHNSON – AP Business Writer – Associated Press
Tuesday, March 9, 2010
Two of the world’s biggest pharmaceutical companies said Tuesday they are uniting their animal health businesses in a deal to become the top dog in the veterinary industry.
Merck & Co. and France’s Sanofi-Aventis SA said they’ll jointly own the combined business, which will have a share of about 29 percent in the $19 billion-a-year global market for medicines for pets and livestock. That’s well ahead of the current leader, Pfizer Inc.’s Fort Dodge unit, which has about 20 percent of the market.
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Merck, Sanofi combining animal medicine businesses