ANIMAL health company Zoetis has received ACCC backing for an acquisition of Australian veterinary medicine company Jurox.
After accepting a court-enforceable undertaking from Zoetis to divest Jurox’s product range, consisting of antibiotics for dry and lactating cows and teat sealants for cows, the ACCC decided not to oppose the takeover.
Zoetis and Jurox develop, manufacture and sell animal health products. They are two of the leading suppliers in Australia of teat sealants and antibiotics for lactating and dry cows, which are products used to treat or prevent bacterial…