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Merck Animal Health Completes Minority Investment In Leeo Precision Farming

Merck Animal Health Completes Minority Investment In Leeo Precision Farming

09/27/22, 11:05 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/NL.svggelderland
Industry
biotechnology
health care
Merck Animal Health, known as MSD Animal Health outside of the United States and Canada, a division of Merck & Co., Inc., Rahway, N.J., USA (NYSE:MRK), announced today that it has completed a minority investment in LeeO Precision Farming B.V. (LeeO). Merck Animal Health also will assume distribution of LeeO’s digital swine traceability solution in selected markets over the coming months. Merck Animal Health joins LeeO’s existing founders and shareholders, Prairie Systems, Inc., a strategic investment of United Animal Health, Inc., and MIQ B.V

Company Info

Company
LeeO Precision Farming
Location
gelderland, netherlands
Additional Info
Leeo is a Dutch company aiming for a registration of individual pigs from birth to consumption. LeeO is an application for farmers, researchers and processors. It maps out a pig’s entire life cycle: from birth to slaughter and processing of the meat. LeeO records all significant events within the pig’s life cycle, connecting all stages of the production cycle. This creates valuable data and reports usable over the entire sector. The sector data exchange creates unique and innovative outcomes. Farmers: Leeo is an indispensable application for farmers who want to optimize and simplify the life cycle of an individual pig - or a group of pigs - and generate better value per pig. Researchers: Leeo makes it possible to trace pigs individually. Processes can therefore be measured more precisely, enabling the optimization of genetic processes, feed products and medicines. Processors: As a pork processor, Leeo enables you to guarantee top-quality meat and trace the meat's provenance with great precision. The data from the electronic ear tag can be linked with the carcass, enabling you to review the individual animal's full history.

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