Summary by Rex Rumsey, MBA Candidate Class of ’25
This past Wednesday, Elanco, a global leader in animal health, visited the Kelley School of Business at Indiana University to share insights about their business, industry, and exciting career opportunities. With over 70 years of expertise and roots stemming from its founding under Eli Lilly, Elanco continues to be at the forefront of animal health innovation. Their presentation not only underscored their industry leadership but also offered a glimpse into the vibrant work culture that drives their success.
A Look Inside Elanco:
Elanco operates within a booming global market, valued at $15 billion for pet health and $23 billion for farm animals. Their commitment to animal well-being is evidenced by a portfolio that includes several blockbuster drugs, each generating over $100 million in revenue. These contributions fuel growth across sectors and enhance the quality of care for pets and livestock alike.
The company has leveraged its historical connection with Eli Lilly to remain a leader in research and innovation, particularly within pet drug development, with solutions that can address viruses like Parvo. Elanco’s efforts to deliver sustainable solutions have also been demonstrated by new products like Bovaer. This new, sustainable product serves both the environment and the agricultural industry to help reduce methane, a greenhouse gas, from dairy and beef cattle.
Career Opportunities: Marketing, Data Analytics, Research, and Manufacturing:
During the visit, representatives from Elanco delved into the various roles that drive their business operations. For example, Dylan Hollenberg shared about business intelligence, Rich White spoke about manufacturing, Lee Cahalan spoke about omnichannel engagement, Kelsey Lubin presented about technical development, and Mel Halkyard, a VP at Elanco, shared about the strategic direction of the company. From research scientists spearheading breakthroughs in animal healthcare to marketing professionals tasked with communicating the benefits of new medications, there was someone that IU biologists, engineers, MSHM, and business students could connect with and learn from.
Building a Culture Where Collaboration Meets Passion:
One of the key takeaways was what makes Elanco unique: its work culture and the industry they operate in. The team described an energizing, open, and close-knit environment that fosters collaboration and innovation. It’s not just about business—at Elanco, employees can bring their pets to work, creating an atmosphere that’s both fun and driven by the passion for improving animal lives. Since their products serve animals and touch many different stakeholders, work at Elanco is described as fun, dynamic, and creative.
B2B, B2C, and B2HC Customers:
Elanco’s broad customer base includes animals, pet owners, B2B businesses, and veterinarians, all of which require strategic and intentional product offerings. Their commitment to providing high-quality solutions ensures that veterinarians and farmers have access to the best care options for both pets and livestock.
The Kelley School of Business is particularly well-suited to prepare students to satisfy this broad customer base, since the Kelley School of Business not only has a Life Science Academy, but also offers consumer marketing and business to business marketing academies to prepare students for these types of healthcare roles. This broad customer approach allows Elanco to remain agile and responsive to the diverse needs of their partners and clients, from small clinics to large-scale agricultural businesses — the types of customers many Indiana students are familiar with.
A Glimpse into the Future:
Elanco’s visit to the Kelley School of Business painted an exciting picture of the future of animal health. Their work in research, innovation, and sustainable solutions continues to push the industry forward. The company’s blend of scientific rigor, customer focus, and collaborative culture makes them a global leader in their industry.
For Kelley students, the event offered invaluable insight into the multitude of career opportunities available at a company like Elanco—whether it’s in research, marketing, data analytics, or manufacturing. The company’s commitment to innovation and a positive work environment makes it an ideal place for those who are passionate about making a difference in the world of animal health. For IU students eager to launch impactful careers, Elanco exemplifies how to innovate with purpose, blending passion, mission, and expertise together to drive change in communities across the globe.
Thanks to the Elanco team for visiting and sharing with Kelley Life Sciences students!