How good are Posilac sales now that about 5 years passed?
Monsanto selling Augusta plant to Eli Lilly subsidiary
A division of one of the nation’s largest pharmaceutical companies said this morning that it bought dairy cow supplement Posilac and the Augusta facility that makes it.
Elanco, a part of Eli Lilly and Co., will pay $300 million to Monsanto for the name-brand dairy supplement and the manufacturing plant on Lovers Lane in Augusta.
The 200 employees at the Monsanto facility will be integrated into Elanco’s operations with no changes.
Joan Todd, spokeswoman for Elanco, said the transfer should happen in early October 2008, after it clears federal anti-trust review.
Monsanto wanted to sell off its dairy supplement business because it was hurting it's reputation!
Monsanto, supported by the Food and Drug Administration (FDA), insists that rBGH milk is indistinguishable from natural milk, and that it is safe for consumers. This is blatantly false:
* rBGH makes cows sick. Monsanto has been forced to admit to about 20 toxic effects, including mastitis, on its POSILAC label.
* rBGH milk is contaminated by pus, due to the mastitis commonly induced by rBGH, and antibiotics used to treat the mastitis.
* rBGH milk is supercharged with high levels of a natural growth factor (IGF-1), which is readily absorbed through the gut.
* Excess levels of IGF-1 have been incriminated as a cause of breast, colon, and prostate cancers.
* IGF-1 blocks natural defense mechanisms against early submicroscopic cancers.
* rBGH factory farms pose a major threat to the viability of small dairy farms.
* rBGH enriches Monsanto, while posing dangers, without any benefits, to consumers
August 20, 2008
Elanco Announces Acquisition of Posilac® Dairy Business
Deal Provides Strategic Fit with Lilly’s Animal Health Division
Under the terms of the agreement, Lilly will acquire all rights to the Posilac brand, as well as the
product’s U.S. sales force and its manufacturing facility in Augusta, Georgia. In return, Monsanto will receive a $300 million upfront payment, as well as contingent considerations.
~~~We proudly display on our products America's First Farmers' Pledge: No Artificial Growth Hormone Used. We believe, and our farmers agree, that untreated cows are healthier, happier cows.~~~I am starting to see the pledge on more dairy products like butter and half and half cream!