• November 13, 2018

Elanco Announces Collaboration Agreement with Novozymes for Nutritional Health Innovation - Odessa American: Business

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Elanco Announces Collaboration Agreement with Novozymes for Nutritional Health Innovation

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Posted: Friday, November 2, 2018 5:45 am

GREENFIELD, Ind.--(BUSINESS WIRE)--Nov 2, 2018--Elanco Animal Health Incorporated (NYSE:ELAN), announced today a new global R&D collaboration with Novozymes A/S (OMX: NZYM B), the world leader in biological solutions, to develop nutritional health products for beef cattle and dairy cows globally.

The effort will leverage Novozymes’ leading discovery and development programs, and together the companies will collaborate to develop a R&D pipeline and commercialize products in the next decade.

“Nutritional health is an exciting platform that will define the next generation of feed additives to improve the health and performance of food animals,” said Aaron Schacht, executive vice president, Innovation, Regulatory and Business Development of Elanco Animal Health. “This collaboration expands our growing nutritional health capability into cattle and underscores Elanco’s commitment to bring producers innovative alternatives to antibiotics, while preserving the health and welfare of the animal.”

Identifying and developing new products and tools to help manage the animal’s microbiome, control infections, and reduce gut inflammation while decreasing the need for medically important antibiotics is a top priority for Elanco.

“We are excited to collaborate with Elanco to develop nutritional health products for dairy cows and beef cattle production that can improve sustainability in the industry,” said Susanne Palsten Buchardt, vice president, Animal Health & Nutrition at Novozymes. “The collaboration is an important step in our efforts to deliver sustainable solutions for better lives in a growing world.”

Applying new biological and sustainable tools for animal health and nutrition in cattle production is more challenging with their complicated digestive systems, longer lives and less integrated production with significantly more co-mingling of animals. Partnering the complementary capabilities of Elanco and Novozymes, from research to commercialization, will further advance these efforts.

“The world leading research, development and production capabilities from Novozymes, combined with Elanco’s global commercial presence, is a great match and together we will bring innovative solutions to meet diverse customer and consumer needs,” Schacht said.

As part of Elanco’s 8-point Antibiotic Stewardship Plan released in 2015, Elanco aims to deliver a total of 25 viable antibiotic alternative development projects by 2020 that address critical unmet challenges in livestock production and reduce the need for shared‐class antibiotics that are also critical to human medicine. To date, Elanco has identified and added 16 alternative development projects to its pipeline.

About Elanco

Founded in 1954, Elanco provides comprehensive products and knowledge services to improve animal health and food-animal production in more than 90 countries around the world. We value innovation, both in scientific research and daily operations, and strive to cultivate a collaborative work environment for more than 5,800 employees worldwide. Together with our customers, we are committed to raising awareness about global food security, and celebrating and supporting the human-animal bond. Our worldwide headquarters and research facilities are located in Greenfield, Indiana.

About Novozymes

Novozymes is the world leader in biological solutions. Together with customers, partners and the global community, we improve industrial performance while preserving the planet’s resources and helping build better lives. As the world’s largest provider of enzyme and microbial technologies, our bioinnovation enables higher agricultural yields, low-temperature washing, energy-efficient production, renewable fuel and many other benefits that we rely on today and in the future. We call it Rethink Tomorrow. www.novozymes.com

This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about a collaboration agreement between Elanco and Novozymes, and reflects Elanco’s current belief. However, as with any collaboration, there are substantial risks and uncertainties in the process of development and commercialization. Among other things, there can be no guarantee that this collaboration will be commercially successful. For further discussion of these and other risks and uncertainties, see Elanco’s most recent filings with the United States Securities and Exchange Commission. Except as required by law, Elanco undertakes no duty to update forward-looking statements to reflect events after the date of this release.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181102005088/en/

CONTACT: Elanco Animal Health

Colleen Parr Dekker, 317-989-7011

colleen—parr—dekker@elanco.com

KEYWORD: UNITED STATES NORTH AMERICA INDIANA

INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL NATURAL RESOURCES AGRICULTURE VETERINARY

SOURCE: Elanco Animal Health

Copyright Business Wire 2018.

PUB: 11/02/2018 06:45 AM/DISC: 11/02/2018 06:45 AM

http://www.businesswire.com/news/home/20181102005088/en

© 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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