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Boehringer Ingelheim acquires Saiba Animal Health AG to boost pet therapeutics R&D

Sep 03, 2024over 1 year ago

Acquiring Company

Boehringer Ingelheim

Acquired Company

Saiba Animal Health AG

Ingelheim am RheinZurichpharmaceuticalsPharmaceuticalMedicalBiotechnologyHealth Care

Description

Boehringer Ingelheim has completed the acquisition of Saiba Animal Health AG, a company focused on the development of novel therapeutic medicines to address chronic diseases in pets. With this acquisition, Boehringer Ingelheim strengthens its animal health research and development (R&D) pipeline, specifically in the fast-growing pet therapeutics category.

Company Information

Company

Boehringer Ingelheim

Location

173 Binger Strasse

Ingelheim am Rhein, Rhineland-Palatinate, Germany

About

Boehringer Ingelheim International GmbH is a multinational pharmaceutical company that has transferred the rights of three anti-diabetes trademarks—Gibtulio, Gibtulio Met, and Ajaduo—to Lupin Limited.

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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