The FDA approves Eli Lilly (LLY -1.4%) unit Elanco Animal Health's Credelio (lotilaner), a monthly administered chewable tablet for fleas and ticks in dogs at least eight weeks old and weighing at least 4.4 pounds.
Lotilaner circulates in the dog's blood, targeting the receptors of fleas and ticks when they bite the dog. In clinical studies, Credelio killed 100% of fleas within 12 hours for the entire month. It starts to kill fleas and ticks in only four hours.
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