{"id":439815,"date":"2021-02-19T08:03:21","date_gmt":"2021-02-19T13:03:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=439815"},"modified":"2021-02-19T08:03:21","modified_gmt":"2021-02-19T13:03:21","slug":"elanco-achieves-important-innovation-milestones-momentum-to-start-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/","title":{"rendered":"Elanco Achieves Important Innovation Milestones, Momentum to Start 2021"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Elanco Achieves Important Innovation Milestones, Momentum to Start 2021<\/b><\/p>\n<p class=\"bwalignc\"><i>Nine of 13 geographic approvals now received to support company\u2019s eight key 2021 launches<\/i><\/p>\n<p>GREENFIELD, Ind.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nElanco Animal Health Incorporated (NYSE: ELAN) today announces four important innovation milestones, including two product approvals, amid a string of recent progress on its innovation commitments.\n<\/p>\n<p>\nFarm Animal\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nYesterday, the U.S. FDA approved Increxxa\u2122 (tulathromycin injection) for the treatment of bovine respiratory disease (BRD) and swine respiratory disease (SRD).\n<\/li>\n<li>\nEarlier this week, Health Canada approved Experior\u2122 50, (lubabegron), a new concentration of Experior for the reduction of ammonia gas emissions per kilogram of live weight and hot carcass weight during the last 14 to 91 days on feed, representing the first animal health product with proven environmental benefit.\n<\/li>\n<\/ul>\n<p>\nPet Health\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nIn Europe, the Committee for Medicinal Products for Veterinary Use (CVMP), a part of the European Medicines Agency (EMA) delivered a positive opinion yesterday on the granting of a Community marketing authorization for Credelio Plus Chewable tablets for dogs (lotilaner\/milbemycine oxyme). This opinion will be sent to the European Commission for adoption and granting of the marketing authorization.\n<\/li>\n<li>\nAlso yesterday, Elanco received the final technical section complete letters from the U.S. FDA for Credelio\u2122 CAT (lotilaner), anticipated to be the first oral flea and tick treatment to be licensed for cats, with product approval expected in the second quarter.\n<\/li>\n<\/ul>\n<p>\nInnovation is a key driver of Elanco\u2019s long-term growth algorithm, expected to contribute 2 to 3 percentage points of top-line average annual growth in the coming years. At its December Investor Day, the company committed to eight product launches in 2021, anticipated to generate $80 million to $100 million in new product revenue, setting the foundation for an expected $500 to $600 million in new product revenues by 2025.\n<\/p>\n<p>\nThe Canadian approval of Experior and U.S. approval of Increxxa mean Elanco has now received nine of the 13 geographic approvals associated with its eight expected key launches in 2021. In addition to needing the final nods for Credelio for Cats and Credelio Plus in Europe, the company also anticipates Credelio Plus will gain approval in Australia and Cosabody in Europe later this year.\n<\/p>\n<p>\n\u201cWe are pleased with the significant progress and momentum these milestones represent in our pipeline,\u201d said Aaron Schacht, executive vice president, Innovation, Regulatory and Business Development at Elanco. \u201cSeveral of these products represent first-in-class or best-in-class solutions for customers&#8217; unmet needs for the benefit of animals, people and the planet.\u201d\n<\/p>\n<p>\nIncrexxa and Experior bring important tools to the livestock industry. Respiratory disease is a significant challenge for the livestock industry and a significant contribution to mortality<sup>123<\/sup>. Increxxa, already approved in Europe, is a valuable complement to our existing U.S. Farm Animal respiratory care portfolio for veterinarians and producers, equipping them with another solution to help combat this problematic disease in cattle and swine. Meanwhile, Experior is a first of its kind product that provides feedlot managers with the freedom and flexibility to balance environmental stewardship and sustainability while delivering business results. With the addition of Experior 50, we are meeting the unique needs of Canadian cattleman.\n<\/p>\n<p>\nIn our pet portfolio, we continue to expand the Credelio franchise. Credelio Plus, already available for dogs in Japan, is a unique combination of the active ingredient lotilaner for safe, fast-acting and powerful protection against ticks and fleas, with the trusted active ingredient milbemycin oxime for common parasitic worms that affect dogs \u2013 heartworm and intestinal worms. The all-in-one preventive comes in a small meat-flavored chewable tablet safe for puppies as young as 8 weeks. In cats, the FDA notification means Credelio CAT is expected to soon be commercially available in the United States, following its successful launch in Europe, bringing cat owners the safe, convenient flea and tick control dog owners have already come to enjoy.\n<\/p>\n<p><b>ABOUT ELANCO <\/b><\/p>\n<p>\nElanco Animal Health Incorporated (NYSE: ELAN) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders, and society as a whole. With nearly 70 years of animal health heritage, we are committed to helping our customers improve the health of animals in their care, while also making a meaningful impact on our local and global communities. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our Elanco Healthy Purpose\u2122 Sustainability\/ESG Pledges \u2013all to advance the health of animals, people, and the planet. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.elanco.com&amp;esheet=52381887&amp;newsitemid=20210219005119&amp;lan=en-US&amp;anchor=elanco.com&amp;index=1&amp;md5=bde692a09f16ed944f538e5adac0098b\">elanco.com<\/a>.\n<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nThis press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal securities law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management\u2019s control. These risks and assumptions are described in Elanco\u2019s annual reports on Form 10-K and other reports that are available from the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management\u2019s view only as of the date made. We undertake no obligation to update any forward-looking statement, except as otherwise required by law.\n<\/p>\n<hr \/>\n<p><sup>1<\/sup> USDA Feedlot 2011 Part IV- \u201cHealth and health management on U.S. feedlots with a capacity of 1,000 or more\u201d (v1.0)\n<\/p>\n<p><sup>2<\/sup> Hilton WM Animal Health Research Reviews 2014 120 (v1.0)\n<\/p>\n<p><sup>3<\/sup> Qin, S., et al. 2018. \u201cViral communities associated with porcine respiratory disease complex in intensive commercial farms in Sichuan province, China.\u201d Sci. Rep. 8, 13341. doi:10.1038\/s41598-018-31554-8\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210219005119r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210219005119\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210219005119\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Contact: Tiffany Kanaga, 302-897-0668, <a rel=\"nofollow\" href=\"mailto:kanaga_tiffany@elanco.com\">kanaga_tiffany@elanco.com<br \/>\n<\/a><br \/>Media Contact: Colleen Parr Dekker, 317-989-7011, <a rel=\"nofollow\" href=\"mailto:colleen_parr_dekker@elanco.com\">colleen_parr_dekker@elanco.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Indiana United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Health Agriculture Specialty Natural Resources Veterinary<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210219005119\/en\/704782\/3\/Elanco_logo_blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Elanco Achieves Important Innovation Milestones, Momentum to Start 2021 Nine of 13 geographic approvals now received to support company\u2019s eight key 2021 launches GREENFIELD, Ind.&#8211;(BUSINESS WIRE)&#8211; Elanco Animal Health Incorporated (NYSE: ELAN) today announces four important innovation milestones, including two product approvals, amid a string of recent progress on its innovation commitments. Farm Animal Yesterday, the U.S. FDA approved Increxxa\u2122 (tulathromycin injection) for the treatment of bovine respiratory disease (BRD) and swine respiratory disease (SRD). Earlier this week, Health Canada approved Experior\u2122 50, (lubabegron), a new concentration of Experior for the reduction of ammonia gas emissions per kilogram of live weight and hot carcass weight during the last 14 to 91 days on feed, representing the first animal health product &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Elanco Achieves Important Innovation Milestones, Momentum to Start 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-439815","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elanco Achieves Important Innovation Milestones, Momentum to Start 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elanco Achieves Important Innovation Milestones, Momentum to Start 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Elanco Achieves Important Innovation Milestones, Momentum to Start 2021 Nine of 13 geographic approvals now received to support company\u2019s eight key 2021 launches GREENFIELD, Ind.&#8211;(BUSINESS WIRE)&#8211; Elanco Animal Health Incorporated (NYSE: ELAN) today announces four important innovation milestones, including two product approvals, amid a string of recent progress on its innovation commitments. Farm Animal Yesterday, the U.S. FDA approved Increxxa\u2122 (tulathromycin injection) for the treatment of bovine respiratory disease (BRD) and swine respiratory disease (SRD). Earlier this week, Health Canada approved Experior\u2122 50, (lubabegron), a new concentration of Experior for the reduction of ammonia gas emissions per kilogram of live weight and hot carcass weight during the last 14 to 91 days on feed, representing the first animal health product &hellip; Continue reading &quot;Elanco Achieves Important Innovation Milestones, Momentum to Start 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-19T13:03:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210219005119r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Elanco Achieves Important Innovation Milestones, Momentum to Start 2021\",\"datePublished\":\"2021-02-19T13:03:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\\\/\"},\"wordCount\":974,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210219005119r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\\\/\",\"name\":\"Elanco Achieves Important Innovation Milestones, Momentum to Start 2021 - 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Farm Animal Yesterday, the U.S. FDA approved Increxxa\u2122 (tulathromycin injection) for the treatment of bovine respiratory disease (BRD) and swine respiratory disease (SRD). Earlier this week, Health Canada approved Experior\u2122 50, (lubabegron), a new concentration of Experior for the reduction of ammonia gas emissions per kilogram of live weight and hot carcass weight during the last 14 to 91 days on feed, representing the first animal health product &hellip; Continue reading \"Elanco Achieves Important Innovation Milestones, Momentum to Start 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-19T13:03:21+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210219005119r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Elanco Achieves Important Innovation Milestones, Momentum to Start 2021","datePublished":"2021-02-19T13:03:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/"},"wordCount":974,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210219005119r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/elanco-achieves-important-innovation-milestones-momentum-to-start-2021\/","name":"Elanco Achieves Important Innovation Milestones, Momentum to Start 2021 - 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