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  "documentTitle": "Elanco Animal Health (ELAN)",
  "authorId": "21_Ancora",
  "authorName": "Ancora",
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  "presentationDate": "2024-02-01 00:00:00",
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  "notes": "The chart uses a diverging bar chart to show positive vs negative correlation.",
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      "text": "Nearly half of Elanco’s proxy peers are poorly correlated with Elanco’s stock price and as such, do not make for an appropriate comparison.",
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      "text": "The below chart demonstrates why this group of “highly correlated peers” was used in our presentation. Nearly half of Elanco’s proxy peers are poorly correlated with Elanco’s stock price and as such, do not make for an appropriate comparison.",
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      "text": "Source: Bloomberg. Highly correlated proxy peers are: Agilent Technologies, Boston Scientific Corporation, Hologic, Inc., Regeneron Pharmaceuticals, Inc., Steris plc, Vertex Pharmaceuticals Inc. and Zoetis Inc. Pet care peers are: Chewy, Inc., Dechra Pharmaceuticals plc, Freshpet, Inc., Idexx Laboratories, Inc., Musti Group Oyj, Neogen Corporation, Petco Health and Wellness Company, Inc., PetIQ Inc., Phibro Animal Health Corporation, Rover Group, Inc., Swedencare, Trupanion, Inc. and Zoetis Inc.",
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      "kind": "title",
      "text": "TSR and Elanco Peer Methodology",
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