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Eli Lilly Pays Monsanto $300 Million for Controversial Dairy Hormone

Eli Lilly's Elanco division is planning to pay more than $300 million for Monsanto's artificial dairy cow hormone, Posilac. Posilac increases milk production but faces mounting public concerns over its safety.

The genetically engineered protein is injected into dairy cows to prevent mammary cell death. Posilac opponents point to studies that show cows given Posilac have higher rates of udder infections and increased production of a substance, called bovine insulin-like growth factor 1, that has been linked to cancer.

Monsanto putt the product up for sale recently, after marketing it for 14 years.


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Comment on This Article Community Comments (6)
 
 
Posted On Aug 25, 2008
Alright!!!!.  Now the makers of thimersol get another awesome product.  Thats great for them.  xp

 
Matt79
Savvy User Savvy User, Joined On 8/2006
Matt79  
 
 
 
Posted On Aug 25, 2008
My question is, what is Eli Lilly planning to do with this drug?  Re-name it and give it to some poor, unsuspecting women for treatment of various female complaints?  It is absolutely horrible what the poor cows have had to suffer from being given this drug.  Many people have been harmed from consuming dairy products that came from cows that have been injected with this drug.  Where will it end?

 
PepperR23
Savvy User Savvy User, Joined On 6/2006
PepperR23  
 
 
 
Posted On Aug 25, 2008
Monsanto did not get where it is today through being run by fools. They see public resistance growing and got out at the right time. The question now becomes, what the fiduciary is Lilly going to do with it? I have to assume their CEO is no slouch either.... so why did they just drop a big chunk of change for a product no one wants? Hmmm?

 
Islander
Moderator User Moderator User, Joined On 3/2007
Islander  
 
 
 
Posted On Aug 26, 2008
Perhaps the purchasing company are already planning the drug to combat the vast tranche of side effects expected in the population from consuming this substance and are therefore going to 'give it away' at an amazing discount?

 
david
Savvy User Savvy User, Joined On 8/2006
david  
 
 
 
Posted On Aug 26, 2008
It is strange that the focus has been on cows milk.  Rarely do you see cheese, yogurt or other more concentrated dairy products with a label stating that it is made from the milk of cows not treated with BST. 

And now, with the bad economy, we Americans are (perversely) eating out at inexpensive restaurants more often and are less scrupulous in what we are shoveling into our bodies.  No doubt, McD has BST double cheeseburgers and milkshakes on the menu. 

I wonder if Lily is hoping that people will continue to increasingly chose stores like the 99 Cents Only store for milk as the price difference between treated and untreated product increases.  



 
FunRun
Apprentice User Apprentice User, Joined On 7/2008
FunRun  
 
 
 
 
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