FDA approves Elanco's Bovaer, a feed supplement reducing dairy cattle methane emissions by 30%.
FDA approves Elanco's Bovaer, a feed supplement that reduces methane emissions in dairy cattle by 30%, with the potential to generate over $200M in US revenue. Bovaer works by suppressing a digestive enzyme responsible for methane production, and farmers using it can earn carbon credits for emission reductions. Elanco plans to launch the product in Q3 and seek FDA clearance for use in US beef herds in the future.
May 28, 2024
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