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The pet health business is big business. And one of its biggest players just got bigger. Greenfield, Indiana-based animal health company Elanco, formerly a division of Eli Lilly, has bought the animal health division of German conglomerate Bayer AG for $7.6 billion, making Elanco the second-largest player in the lucrative field with 13% market share, according to The Wall Street Journal. 

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Patrick Smith

Patrick Smith, based in New York, covers the business of law, including the ways law firms compete for clients and talent, cannabis law and marketing innovation. Reach him at pasmith@alm.com or on Twitter at @nycpatrickd

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