Boehringer Ingelheim acquires stake in SoundTalks NV, begins pilot program

102

Boehringer Ingelheim has acquired a minority stake in SoundTalks NV, a Belgian company. SoundTalks NV has developed a digital monitoring tool that seeks to improve the healthcare of pigs and helps farmers operate more efficiently.

“We are proud to partner with SoundTalks NV to offer an innovative solution to pork producers,” shares Rolf-Dieter Günther, Head of Diagnostics & Monitoring, Boehringer Ingelheim Animal Health Business Unit. “Technological innovation is transforming the animal health industry, and we are committed to developing solutions that help veterinarians and ultimately farmers as well as pet owners.”

Boehringer Ingelheim plans to install the SoundTalksᵀᴹ system in select pig barns in the US and other major swine markets this spring in a pilot program.

“We are very pleased with this partnership. Our two companies share passion for innovative solutions, technology and animal health. This is just a beginning of a very exciting collaboration,” adds Dries Berckmans, CEO, SoundTalks NV.

The SoundTalksᵀᴹ system revolves around a digital microphone that records pigs coughing. It relies on an algorithm to differentiate coughing from other sounds in a pig barn and thus detects increased coughing that could signal respiratory distress. The system lets farmers and veterinarians intervene more quickly to obtain samples and get a diagnosis.

The companies did not disclose financial terms of the deal.

Boehringer Ingelheim

 

Improving the health and quality of life of patients is the goal of the research-driven pharmaceutical company Boehringer Ingelheim. The focus in doing so is on diseases for which no satisfactory treatment option exists to date. The company therefore concentrates on developing innovative therapies that can extend patients’ lives. In animal health, Boehringer Ingelheim stands for advanced prevention.

Family-owned since it was established in 1885, Boehringer Ingelheim is one of the pharmaceutical industry’s top 20 companies. Some 50,000 employees create value through innovation daily for the three business areas human pharmaceuticals, animal health and biopharmaceuticals. In 2017, Boehringer Ingelheim achieved net sales of nearly 18.1 billion euros. R&D expenditure, exceeding three billion euros, corresponded to 17.0 per cent of net sales.

As a family-owned company, Boehringer Ingelheim plans in generations and focuses on long-term success, rather than short-term profit. The company therefore aims at organic growth from its own resources with simultaneous openness to partnerships and strategic alliances in research. In everything it does, Boehringer Ingelheim naturally adopts responsibility towards mankind and the environment.

More information about Boehringer Ingelheim can be found on www.boehringer-ingelheim.com or in our annual report: http://annualreport.boehringer-ingelheim.com.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here