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Elanco Says FDA Confirms Bovaer Meets Safety, Efficacy Requirements
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Elanco Says FDA Confirms Bovaer Meets Safety, Efficacy Requirements
May 28, 2024 6:55 AM

09:34 AM EDT, 05/28/2024 (MT Newswires) -- Elanco Animal Health ( ELAN ) said Tuesday the US Food and Drug Administration has completed a review of methane-reducing feed ingredient Bovaer and concluded that it meets safety and efficacy requirements for use in lactating dairy cattle.

Elanco said it expects product launch starting in Q3.

The company and Dsm-firmenich have signed an agreement to expand Elanco's commercialization of the product in North America, Elanco said, adding it will also have the right to market it in Canada and Mexico.

Financial details about the agreement weren't provided.

Price: 17.30, Change: +0.51, Percent Change: +3.04

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