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Merck says to retain animal health business as part of company


Merck says to retain animal health business as part of company

New Delhi: Merck & Co Inc has recently indicated that it would keep its animal health business as part of the company, in response to questions about its plans for the unit.

“We believe that we run this business very well inside the company compared to either competitor,” Chief Executive Officer Kenneth Frazier said on a call with analysts.

Rival Eli Lilly separated its own animal health unit earlier this year, fueling expectations that Merck could follow suit.

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Source: Reuters
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