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Brakke Consulting’s
Animal Health News & Notes for July 6, 2018
Copyright © Brakke Consulting, Inc.
Editor: Lynn Fondon DVM MBA
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IN THE NEWS:
Brakke Consulting news
Recruiting
earnings news
ECO Animal Health
other news
Alivira
Animal Supply Company
Archer Daniels Midland
Bayer
CannPal Therapeutics
Ceva
Champion Petfoods
Charlee Bear Products
Chewy.com
Community Veterinary Partners
Eurofins Animal Health
Hound and Gatos
Mitsui Chemicals Agro
Neovia
Nestlé
Netvetsupply
Olam Hatcheries Limited
Petrics
Pharmaprint
Phibro Animal Health
Probiotics International Limited
Royal Agrifirm Group
Special Nutrients
Western Laboratories
Zinpro
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BRAKKE CONSULTING, INC.
RECRUITING THROUGH MANAGED SERENDIPITY
Option 1: Post a job. Pray for a response. Plow through resumes.
Option 2: Partner with Brakke Consulting, someone who is looking out for you, working for you 24/7/52 to assess talent, find potential. We will work with you to plan your needs, continuously scout who is available, who is ready for a move up (not just someone who has done the job before), and recruit the most promising candidates to your company.
To learn more about how we can help you find the right person for your position, contact John Mannhaupt at jackintx@aol.com or 972-243-4033.
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COMPANY EARNINGS RELEASES
• ECO Animal Health reported results for the fiscal year ended March 31, 2018. Sales increased 9% to GBP 67.2 million ($89 million). Adjusted EBITDA increased 15% to GBP 19.6 million ($26 million). (company press release)
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2018 KC Animal Health Corridor Events
August 20-21, 2018
Kansas City, MO
Market Insight Seminar
August 20, 3:00 – 5:00 pm
Join fellow animal health leaders in Kansas City this August for the 3rd annual KC Animal Health Corridor Market Insight Seminar. All registration proceeds will be donated to Kansas State Animal Response Team (KS SART) and KSDS Assistance Dogs, Inc.
Animal Health Corridor Homecoming Dinner
August 20, 5:00 – 9:00 pm
The KC Animal Health Corridor’s annual Homecoming Dinner is an exclusive gathering of industry leaders from around the world to celebrate global industry successes and growth.
Animal Health Investment Forum
August 21, 7:30 am – 6:00 pm
The KC Animal Health Investment Forum is one of the only opportunities in the world for early stage animal health companies to present their vision and business plan to potential investors.
For details, go to http://kcanimalhealth.thinkkc.com/events/annual-events
REGISTER NOW for Early Bird Pricing: https://www.eventbrite.com/e/2018-annual-kc-animal-health-corridor-events-tickets-42649524877
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COMPANY NEWS RELEASES
• Bayer Animal Health announced a global license agreement with Mitsui Chemicals Agro (MCAG) that will provide Bayer with access to MCAG’s chemical library in order to identify novel parasite prevention. The partnership is an expansion of Bayer’s existing agreement with Mitsui in crop science. (Animal Pharm)
• Phibro Animal Health Corporation announced plans to establish a biotech facility producing a range of innovative animal health vaccines on the IDA Ireland Finisklin Business Park in Sligo. The Sligo plant will be the company’s first biologicals manufacturing location in Europe and will allow Phibro to expand its presence in Europe. The project is supported by the Irish Government through IDA Ireland. (company press release)
• According to the Wall Street Journal, Nestlé is in talks to acquire a majority stake in Champion Petfoods for more than $2 billion. Champion produces dog and cat food under the Orijen and Acana brands. (Pet Business)
• Western Laboratories, in collaboration with Netvetsupply LLC and Pharmaprint LLC, announced the launch of Plaque Re-Lease, a new clinically tested oral hygiene product for Feline and Canine dental hygiene. Plaque Re-Lease is an easy to administer non-drug, patented cranberry extract that blocks the attachment of disease-causing bacteria. The product is formulated in a micro quick melt form, allowing simple placement in the oral cavity and adhesion to dental area and soft tissue. (company press release)
• Zinpro announced the launch of TruCare Essentials supplement chews for dogs, designed to promote and improve skin and coat wellness. (Animal Pharm)
• Archer Daniels Midland (ADM) announced it is acquiring French animal nutrition specialist Neovia for EUR 1.535 billion ($1.78 billion). ADM is also acquiring Probiotics International Limited (PIL), a UK-based provider of probiotic supplements for the animal and human health markets, in an all-cash transaction valued at GBP 185 million ($243 million). (Animal Pharm)
• Royal Agrifirm Group announced an agreement to acquire Special Nutrients, a leading provider of scientifically proven mycotoxin binders. Financial terms were not disclosed. (Feed Strategy eNews)
• Community Veterinary Partners announced it has grown to 48 locations after the acquisition of two veterinary clinics in Virginia: Pet Medical Center of Springfield, and Shirlington Animal Hospital in Arlington. (Todays Veterinary Business)
• Chewy.com announced the launch of Chewy Pharmacy a trusted, full-service online pharmacy for pet parents to shop for prescription medications. (Pet Business)
• Animal Supply Company (ASC) announced a series of new digital, e-commerce and on-demand delivery products and services will allow ASC to better serve customers. In addition to a new B2B e-commerce platform and mobile app, ASC has partnered with Postmates, a leading on-demand delivery service that gives retailers the opportunity to meet modern consumer demand by offering on-demand pet supply delivery options in their local communities. (Pet Business)
• Charlee Bear Products, makers of Charlee Bear Dog Treats, announced it has acquired Hound and Gatos, a nationally distributed line of canned pet food marketed as a Paleolithic diet for dogs and cats. Financial terms were not disclosed. (Petfood Industry)
• Petrics Inc., a pet health technology company, announced the launch of its free cat and dog diet and nutrition recommendation app. The Petrics Health and Nutrition App offers a breakdown of over 15,000 foods and 17,000 ingredients. (Globalpets)
• CannPal Therapeutics announced a research agreement with Eurofins Animal Health to develop a cannabis-derived pain therapeutic for cats. (Animal Pharm)
• NIGERIA Ceva Santé Animale S.A. and Olam Hatcheries Limited announced the signing of a Memorandum of Understanding to further develop poultry production in Nigeria, forming a joint committee to explore potential areas of collaboration and technical cooperation. Ceva currently supports Olam’s hatchery vaccination program for day-old-chicks in its hatchery by supplying vaccine, vaccination equipment and technical assistance. (company press release)
• ASIA Alivira announced the Southeast Asia launch of its multi-strain probiotic Perf-Act, a blend of selective specific multi-strain probiotic for poultry. Perf-Act helps to improve production performance as well as improving immuno-modulation & reducing incidence of enteric diseases. (company announcement)
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BRAKKE CONSULTING VIEWPOINT
Even while many in the industry are on holiday here is the US, there were a number of company announcements that should be noticed with reasonably high priority. First, two leading food animal nutrition companies announced moves that put them closer to the companion animal markets with some product launches and acquisitions. The announcement by Chewy.com that they are launching the Chewy Pharmacy puts additional credibility into the rapidly shifting pet pharmacy home delivery market.
We encourage you to register for the KC Animal Health Investment Forum in KC on August 21st. This forum allows those attending to observe new technologies in development in need of funding and interface with many of your peers in the business development area of the leading companies. See you there!
Ron Brakke
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Brakke Consulting, Inc.
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Dallas, TX 75234 USA
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