Merck Animal Health to Acquire TARGAN
Summary
Merck Animal Health signed a definitive agreement to acquire TARGAN, a poultry-focused animal AgTech company. The deal adds TARGAN’s WingScan technology, which uses vision systems and algorithms to sort chicks by gender at high speed. It also brings precision spray technology for administering vaccines to day-old chicks and creates room for more biodevice development across livestock species. The acquisition should strengthen Merck Animal Health’s commercial hatchery offerings and widen its technology footprint in animal health.
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