{"id":4480,"date":"2018-11-30T10:11:31","date_gmt":"2018-11-30T18:11:31","guid":{"rendered":"https:\/\/todaysveterinarybusiness.com\/?p=4480"},"modified":"2022-03-07T19:15:00","modified_gmt":"2022-03-07T19:15:00","slug":"bayer-plans-to-leave-animal-health-industry","status":"publish","type":"post","link":"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/bayer-plans-to-leave-animal-health-industry\/","title":{"rendered":"Bayer plans to leave animal health industry"},"content":{"rendered":"

Bayer Animal Health, the maker of Advantage flea treatments and Seresto flea and tick collars, could be on the sales block.<\/p>\n

Parent company Bayer AG reported Nov. 29 that it will shed its animal health unit as part of a financial shakeup that includes 12,000 job cuts company-wide. Whether the veterinary division will be sold or spun off was not announced.<\/p>\n

\u201cOur animal health business is well positioned in an attractive industry which will continue to grow,\u201d said Werner Baumann, chairman of Bayer AG\u2019s board of management. \u201cThe necessary investments to further develop this business are, however, not available within Bayer given the priorities with our core areas Pharmaceuticals, Consumer Health and Crop Science. Because of these priorities, we are convinced that Bayer is no longer the best owner for Animal Health.\u201d<\/p>\n

The animal unit\u2019s North American headquarters is in Shawnee, Kansas, and employs 550 full-time-equivalent employees, according to Kansas City Business Journal. The chief manufacturing sites are in Shawnee and Kiel, Germany.<\/p>\n

Bayer Animal Health reported 2017 sales of $1.66 billion, making it the world\u2019s fifth-largest animal health company after Zoetis, Boehringer Ingelheim, Merck and Elanco.<\/p>\n

Advantage<\/a> and Seresto are Bayer\u2019s best-selling veterinary brands. The company also makes Drontal dewormers and Baytril antibiotics<\/a>, among other products.<\/p>\n","protected":false},"excerpt":{"rendered":"

Unable to provide \u201cnecessary investments,\u201d the company will find a new owner for its veterinary business.<\/p>\n","protected":false},"author":45,"featured_media":4481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[90],"tags":[],"class_list":["post-4480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-online","column-news","clinical_topics-news"],"acf":{"hide_sidebar":false,"hide_sidebar_ad":false,"hide_all_ads":false},"yoast_head":"\nBayer plans to leave animal health industry | Today's Veterinary Business<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bayer plans to leave animal health industry\" \/>\n<meta property=\"og:description\" content=\"Unable to provide \u201cnecessary investments,\u201d the company will find a new owner for its veterinary business.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/bayer-plans-to-leave-animal-health-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Today's Veterinary Business\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/todaysveterinarybusiness\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-30T18:11:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-07T19:15:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/wp-content\/uploads\/sites\/2\/2018\/11\/Bayer.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"654\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Louise S. Dunn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@tvbpublication\" \/>\n<meta name=\"twitter:site\" content=\"@tvbpublication\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Louise S. Dunn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/navc.sitepreview.app\\\/todaysveterinarybusiness.com\\\/bayer-plans-to-leave-animal-health-industry\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/navc.sitepreview.app\\\/todaysveterinarybusiness.com\\\/bayer-plans-to-leave-animal-health-industry\\\/\"},\"author\":{\"name\":\"Louise S. 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