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Pfizer
 |
AP |
To win the approval, Pfizer [PFE
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] agreed to sell about half of Wyeth's [WYE
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] Fort Dodge U.S. animal health business to Boehringer Ingelheim Vetmedica, within 10 days of the acquisition. Pfizer will also sell its horse vaccines to Boehringer Ingelheim.
The terms of that deal, which was announced on Sept. 21, were not disclosed.
"The commission concluded that the transaction does not raise anticompetitive concerns in any human health product markets," the FTC said in a statement.
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