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Brakke Consulting’s
Animal Health News & Notes for August 24, 2012
Copyright © Brakke Consulting, Inc.
Editor: Lynn Fondon DVM MBA
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IN THE NEWS:
Brakke news
recruiting
earnings news
Tyson Foods
Webster
other news
Bayer
Bioniche (Butequine)
Bioniche (Med-Pharmex)
Med-Pharmex
Norbrook
Walmart
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BRAKKE CONSULTING, INC.
Recruiting Means More than Resumes
At Brakke Consulting, we find the right person to fit your company’s needs. As part of our executive recruiting services, we manage the entire process of identifying and recruiting top candidates, including:
• Developing metrics to help rank candidates
• Scheduling interviews and arranging for travel
• Maintaining communications with candidates
In addition to scheduling interviews, we can arrange travel for the candidate, ensuring that the trip goes smoothly. Our involvement in every step of the process helps maintain communications with candidates, allowing them to ask questions and get another perspective on the company.
For more information about our recruiting services, visit our website or call one of our consultants:
• John Mannhaupt at 972.243.4033
• Ken Berkholtz at 772.223.3079
• Jay Lockhart at 314.821.3368
www.BrakkeConsulting.com
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COMPANY EARNINGS RELEASES
> Patterson reported results for the fiscal first quarter ended July 28, 2012. Revenue from the company’s Webster veterinary unit rose 6% to $191 million. (CBS news)
> Tyson Foods reported financial results for its fiscal third quarter. The company reported earnings of $76 million on sales of $8.3 billion, compared to earnings of $196 million on sales of $8.2 billion in the comparable quarter of the prior fiscal year. The company commented that all business segments were profitable, but chicken earnings were significantly higher while beef and pork earnings were significantly lower. (Feedstuffs)
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COMPANY NEWS RELEASES
> Bioniche announced the launch of Butequine (phenylbutazone) Paste in the US. Butequine is indicated for the treatment of inflammatory conditions associated with the musculoskeletal system in horses. (LifeScientist.com.au)
> Walmart announced that it is expanding its dog food line to include a new premium dry dog food, Pure Balance. The new food includes no soy, wheat or corn additives, no artificial colors, no preservatives and no chicken by-products. (DVM360)
> CANADA Bioniche announced an agreement with Med-Pharmex granting it the exclusive Canadian distribution rights to six Med-Pharmex products, including dermal products for dogs and cats, an anti-diarrheal product for dogs, cats, horses and cattle, and nutritional supplements for calves. (LifeScientist.com.au)
> EU Bayer Animal Health announced an agreement with Norbrook Laboratories to exclusively distribute a range of Norbrook’s animal health products in Germany and France. The Norbrook product range covers animal nutrition products as well as companion animal products in the parasiticide, anti-infective and pharmacological sectors. The products are developed, registered and manufactured by Norbrook and will be sold under the Irish company’s label and trade name. (Animal Pharm)
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ANIMAL HEALTH NEWS
> GERMANY – HERPESVIRUS After polar bears at Wuppertal Zoo in Germany became severely ill and died, necropsy results confirmed they were infected with a recombinant strain of equine herpesvirus carried by the zoo’s zebras. The presence of so many species from around the world sometimes allows for viruses to jump between species in zoos, and EHV1 has caused problems in other facilities among black bears, guinea pigs and Thomson’s gazelles. (AVMA SmartBrief – SmithsonianMag.com)
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2012 ANIMAL HEALTH INVESTMENT FORUM
Tuesday, August 28, 2012
Kansas City
This year’s KC Animal Health Investment Forum will feature presentations from 13 animal health companies from around the world. Presentations will include diagnostics, delivery systems, biologicals, pharmaceuticals, devices, growth promotants, enzymes and oncology among others.
To register, go to http://www.kcanimalhealthforum.com/index.php/register-to-attend/
www.kcanimalhealthforum.com
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BRAKKE CONSULTING VIEWPOINT
Based on the small number of announcements this week it appears that many of you have decided to start the Labor Day weekend early. Surely this means that your 2012 revenue versus budget for the third quarter is in good shape and that you need a break in the action before heading into the final quarter of the year!.
We continue to believe the full year 2012 revenue results will be similar to 2011 for most companies. The market in both food and companion animals remains positive even though the national and international news provides some concerns. What impact is the drought likely to have? Probably not that much in 2012 but if it continues, 2013 could be a more difficult year. Increasing food and fuel prices will extract disposable income from other sectors, including veterinary services and products. Be cautious with your budgeting for 2013, except for the amount set aside for consultants!!
Have a great weekend, and we’ll see many of you at the Kansas City Corridor Homecoming Hoedown or the Animal Health Investment Forum next week!
Ron Brakke
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For more information about Brakke Consulting’s services and syndicated studies, visit our website at www.brakkeconsulting.com.
Brakke Consulting, Inc.
12005 Ford Rd., Suite 530
Dallas, TX 75234 USA
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