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Indiana Based Lilly Buys Novartis Animal Health

Elanco Lilly / Novartis
Elanco Lilly / Novartis

Indiana based pharmaceutical company Eli Lilly is growing with the acquisition of Novartis Animal Health for $5.4 billion dollars.

The animal health company makes medicines for animals including heart worm and flea control for cats and dogs.

The purchase means that Novartis will become a part of Elanco which is the animal health division of Lilly.

According to Lilly the deal will create the second largest animal health company in the world.