Key Developments

On March 6, 2024, Virbac, an animal health company, announced that it has signed a definitive agreement with ORIX Corporation, a Japan-based diversified financial services organization, to acquire its animal health subsidiary, Sasaeah. Upon completion, this strategic acquisition will provide Virbac a leading position in Japan's farm animal vaccines market, particularly in the cattle segment.
In December 2023, Indian Immunologicals Limited (IIL), India's market leader in veterinary and human biologicals, announced the construction of a new greenfield veterinary vaccine facility in Hyderabad's Genome Valley to manufacture the Foot and Mouth Disease Vaccine (FMD-Vac) and Foot and Mouth Disease + Haemorrhagic Septicaemia Vaccine (FMD+HS-Vac).
In November 2023, Merck Animal Health, also known as MSD Animal Health outside of the U.S. and Canada, a division of Merck & Co., Inc., announced that the European Commission has approved BOVILIS CRYPTIUM, the first European Union-licensed vaccine to protect cattle against Cryptosporidium parvum (C. parvum) infection. BOVILIS CRYPTIUM is now licensed in all European Union nations, due to a centralized approval procedure.
In October 2023, The Pirbright Institute's Centre for Veterinary Vaccine Innovation and Manufacturing (CVIM) signed a memorandum of understanding (MOU) with the Vaccine and Infectious Disease Organization of the University of Saskatchewan (USask). The MOU enables greater collaborations and training in vaccine manufacture to foster animal health innovations.