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Industry
Sanofi and Boehringer Ingelheim agree to swap businesses

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THE pharmaceutical companies Sanofi and Boehringer Ingelheim announced on June 28 that they had signed contracts agreeing to exchange Sanofi's animal health business Merial with Boehringer Ingelheim's consumer healthcare (CHC) business. The companies said that the transaction was expected to close by the end of 2016 but …

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