Pet ownership is growing around the world and with that customers’ requirement for effective and convenient protection from parasites. Bayer Animal Health GmbH and Mitsui Chemicals Agro (MCAG) have signed a global license agreement to advance innovative parasiticides for companion animals based on MCAG’s innovation and technology. As part of the license agreement, Bayer will develop and commercialize novel compounds based on intellectual property from MCAG. Further terms of the agreement were not disclosed.
animal health sector

• Mitsui Chemicals Agro, Inc. (MCAG), Japan
• Bayer AG, Leverkusen, Germany