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Virbac closes Pfizer deal in Australia

Virbac has completed its acquisition of Pfizer veterinary assets in Australia after the agreement was cleared by the competition authorities. The portfolio of livestock products and related assets, including a manufacturing facility, were divested by Pfizer as a condition of the take over of Wyeth and its Fort Dodge animal health business. The products, which were marketed in Australia by Fort Dodge, include parasiticides and vaccines, mainly for cattle and sheep, and achieved net sales of around A$36 million (US$28.5 million) in 2009.

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