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Brakke Consulting’s
Animal Health News & Notes for February 3, 2023
Copyright © Brakke Consulting
Editor: Lynn Fondon DVM MBA
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IN THE NEWS:
Brakke Consulting news
2023 Industry Overview – register now
Brakke Search
Earnings News
Central Garden & Pet
Hill’s
Merck
Novozymes
Other News
AI for Pet
Akorn
Felix Pharmaceuticals
Norbrook
Zyvet AH
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BRAKKE CONSULTING
Announcing the 2023 Brakke Industry Overview
Presented at WVC: Monday, February 20th, 2-4 pm, Four Seasons Hotel, Acacia 1
Come join us at Brakke Consulting’s annual Industry Overview presented at VMX and WVC next year. Key topics and presenters include:
- Industry and top global company performance, presented by Bob Jones
- Continuing consolidation of and labor shortages in vet practices, including their response to inflation, presented by John Volk
- A closer look at pet pharmacy consumerization and how we can all thrive in this new era, presented by Candise Goodwin
- Trends, challenges, and opportunities facing animal health companies in finding talent in today’s business environment, presented by Jeff Santosuosso
Also, moderated by Paul Casady, a panel of industry leaders will discuss their views on the subject of “Managing Animal Health Companies in Times of Uncertainty”. Panelists for WVC include:
- George Fennell, Senior VP and General Manager, Companion Animal Group Customer Facing Organization, IDEXX Laboratories
- Nicki Baty, President and General Manager, Hill’s Pet Nutrition US
To learn more about and sign up for the Industry Overview, click here. You can also email Amanda McDavid or call us at 336-396-3916.
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EARNINGS NEWS RELEASES
- Merck announced financial results for the full year of 2022. Animal Health sales were $5,550 million, essentially unchanged from the prior year (+6% currency-adjusted). (company press release)
- Colgate-Palmolive Company reported results for full year 2022. Hill’s Pet Nutrition net sales were $3,713 million, a year-over-year increase of 12% (+13% organic sales change). Hill’s operating income was $850 million, a decline of 6%. (company press release)
- Central Garden & Pet Company announced financial results for its fiscal 2023 first quarter ended December 24, 2022. Net sales for the Pet segment were $416 million, a decline of 5% compared to the prior-year quarter. Pet segment operating income was $40 million compared to $45 million a year ago. (company press release)
- Novozymes reported results for the full year 2022. Revenue for the Agriculture, Animal Health & Nutrition segment was DKK $2,076 million ($305 million), an increase of 16%. (company website)
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K- STATE OLATHE
Animal Health Workshops and Seminars
Upcoming Events
Animal Health Regulatory Affairs 101 | Feb. 22-23
An Introductory Course on the Regulatory Aspects of Animal Drug and Vaccine Development
This two-day, interactive workshop is an introductory course on the regulatory aspects of animal drug and vaccine development. The workshop provides attendees with an understanding of the veterinary drug approval processes. Content is designed for those tasked with developing and
Click on the seminar name for cost and registration details.
Pesticides in Animal Health | March 29-30
This workshop provides a practical approach to getting pesticide products approved and keeping them in the market post approval, while avoiding common pitfalls and challenges faced along the way.
Click on the seminar name for cost and registration details.
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COMPANY NEWS RELEASES
- The FDA announced it has granted a supplemental approval for Norbrook Laboratories‘ Midamox for Cats (generic imidacloprid/moxidectin) for use in ferrets. (FDA)
- The FDA announced it has approved Felix Pharmaceuticals‘ generic marbofloxacin chewable tablets for use in dogs and cats; generic praziquantel chewable tablets for use in dogs; and generic carprofen tablets for use in dogs. (FDA)
- The FDA announced it has approved Akorn Operating Company‘s DetomiSed (generic detomidine hydrochloride) injectable solution for use in horses. (FDA)
- The FDA announced it has approved Zyvet AH‘s generic marbofloxacin tablets for use in dogs and cats; and generic dexmedetomidine hydrochloride injectable solution for use in dogs and cats. (FDA)
- KOREA South Korea-based AI for Pet has created an artificial intelligence-powered app that uses pets’ photos to diagnose health issues. Pet owners upload an image that the app, called TTcare, then analyzes to flag potential ailments in the pet’s eyes, skin or joints. The company claims the app can diagnose health issues in dogs and cats with more than 90% accuracy. When the app detects a problem, it makes recommendations for preventive care or medical consultation. (Vet Advantage)
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ANIMAL HEALTH STOCK PRICE TRACKER
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ANIMAL HEALTH NEWS
- US – VETERINARY SCHOOLS The American Association of Veterinary Medical Colleges added the Rowan University School of Veterinary Medicine as a provisional member. The Glassboro, New Jersey, school plans to welcome its first class in fall 2025, pending accreditation approval. (Todays Veterinary Business)
- UK – TELEMEDICINE The United Kingdom’s veterinary regulatory body (the Royal College of Veterinary Surgeons) has decided to allow practitioners to prescribe medicines over the internet without first needing to see a patient in-person. The British Veterinary Association opposes the change, which is scheduled to go into effect sometime between June 1 and December 31. (Vet Advantage – VIN)
- US – CAFO REGULATION The EPA says it will study whether to toughen regulation of large livestock farms – known as Concentrated Animal Feeding Operations (“CAFO”) – that release manure and other pollutants into waterways. The agency hasn’t revised the rules since 2008. The announcement comes in response to a lawsuit brought by the environmental group Food & Water Watch. (Vet Advantage)
- US – CBD REGULATION Citing safety risks, the FDA said that products containing cannabidiol (CBD) call for greater supervision than the agency can now offer, and FDA will request new authorities to do so from Congress. FDA also said products derived from legal cannabis should not be regulated as they currently are (i.e., as dietary supplements or food additives) in light of the products’ risk to human and animal health. FDA’s expanded authority could include mandating clear labels, prohibiting contaminants, restricting doses, and establishing a minimum purchase age. (Pharmacist.com)
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BrakkeSearch
Recruiting? Find out why Brakke Search is the best option to find the industry’s best talent. Check our website for details or contact Jeff Santosuosso jeff@brakkeconsulting.com.
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BRAKKE CONSULTING VIEWPOINT
In December, I attended the United Against Rabies(UAR) forum in Paris. Take look at their website. This group, which is supported by the FAO, WHO, and WOAH, uses a One Health approach in bringing together governments, vaccine manufacturers, researchers, NGOs and development partners around the goal of eliminating all human deaths from dog-mediated rabies by 2030. Up to 99% of human rabies infections are caused by a bite form a rabid dog.
Especially in developing countries around the world, domestic and feral dogs comingle with human population creating the opportunity for potential exposure. This group focuses on helping to develop global, regional, and local strategies to help countries conduct effective national campaigns to vaccinate as many dogs as possible, thereby reducing or eliminating the chance of disease spread.
This people are very committed and do some great work. I personally through the years have been to the Favelas in Brazil, the ‘squatter towns’ in the Philippines, and the Dharavi Slum in Mumbai. In each case you see the challenge for One Health commitment in the most difficult of conditions and I applaud the UAR effort.
The Animal Health Industry needs to be very active and committed to Veterinary Public Health. There are many ways to make an impact, talk to your company to see what is possible!
Paul Casady
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YOUR VIEW
Last week, we asked a question about eggs and it seems a lot of our readers have scrambled to keep eating eggs. Despite high prices and shortages, 71% of you said you hadn’t made any changes to your egg eating habits. But 13% said you’re eating fewer eggs because of the price and 7% said eggs are out of stock at your grocery stores. A few readers, 4%, are eating more eggs, and 6% now have your own backyard egg production. We think that’s egg-cellent.
This Week:
The decision of the UK’s Royal College of Veterinary Surgeons to allow prescribing of medications over the internet is stirring controversy in the US, where nearly all states still require an in-person visit to establish the VCPR. What are your feelings about veterinary virtual-only prescribing?
English (United States) 
Portuguese