{"id":27914,"date":"2020-03-05T19:43:50","date_gmt":"2020-03-06T01:43:50","guid":{"rendered":"https:\/\/brakkeconsulting.com\/?p=27914"},"modified":"2020-03-05T19:43:50","modified_gmt":"2020-03-06T01:43:50","slug":"animal-health-news-notes-for-march-6-2020","status":"publish","type":"post","link":"https:\/\/brakkeconsulting.com\/ja\/animal-health-news-notes-for-march-6-2020\/","title":{"rendered":"2020\u5e743\u67086\u65e5\u306e\u52d5\u7269\u885b\u751f\u30cb\u30e5\u30fc\u30b9\u3068\u30ce\u30fc\u30c8"},"content":{"rendered":"<p>***********************************<br \/>\n<strong>Brakke Consulting&#8217;s <\/strong><br \/>\n<strong>Animal Health News &amp; Notes for March 6<\/strong><strong>, 2020<\/strong><br \/>\n<em>Copyright \u00a9 Brakke Consulting<br \/>\n<\/em><em>Editor: Lynn Fondon DVM MBA<br \/>\n<\/em>************************************<\/p>\n<p>IN THE NEWS:<\/p>\n<p><u>Brakke Consulting News<br \/>\n<\/u><strong>2020 Industry Overview \u2013 schedule yours now<\/strong><\/p>\n<p><u>Earnings News<br \/>\n<\/u>Avivagen<br \/>\nBenchmark Holdings<br \/>\nCovetrus<br \/>\nSanderson Farms<br \/>\nZomedica<\/p>\n<p><u>Other News<br \/>\n<\/u>Addison Biological Laboratory<br \/>\nAfimilk<br \/>\nAkorn Animal Health<br \/>\nCell BioSciences<br \/>\nCeva<br \/>\nFarmIQ<br \/>\nFurst-McNess<br \/>\nGeneral Mills<br \/>\nLivestock Improvement Corporation<br \/>\nMars<br \/>\nMerck (Addison)<br \/>\nMerck (FarmIQ)<br \/>\nNeogen<br \/>\nNestl\u00e9<br \/>\nPet Plate<br \/>\nVCA<br \/>\nVirbac<br \/>\nWestern Nutritional Laboratories<\/p>\n<p>***********************************<br \/>\n<strong>SOUTHWEST VETERINARY SYMPOSIUM<\/strong><\/p>\n<p><strong>Fort Worth, Texas at the Fort Worth Convention Center<\/strong><\/p>\n<p><strong>September 24-27th, 2020<\/strong><\/p>\n<p><span style=\"color: #ff0000;\"><strong>Early Bird Registration \u2014 Now Until July 16th<\/strong><\/span><\/p>\n<p>LEARN MORE. BE MORE.<br \/>\nRegistration is NOW OPEN!<\/p>\n<p>Southwest Veterinary Symposium \u2014 a partnership of the Arkansas, Louisiana, New Mexico, Oklahoma and Texas Veterinary Medicine Associations \u2013 provides continuing education for veterinary professionals. Join us this September in Fort Worth, Texas where you can learn about the latest innovations and products, network with other veterinary professionals, explore design and renovation ideas and choose from more than 400+ hours of quality courses.<\/p>\n<p><a href=\"http:\/\/www.swvs.org\">www.swvs.org<\/a><\/p>\n<p><strong>************************************<\/strong><\/p>\n<p><strong>COMPANY EARNINGS RELEASES<\/strong><\/p>\n<ul>\n<li><strong>Covetrus<\/strong>, an independent company beginning on February 7, 2019, reported results for the full year 2019. To aid in year-over-year comparability, Covetrus is including certain non-GAAP pro forma financial information that combines the stand-alone Henry Schein Animal Health and Vets First Choice financial information as if the acquisition had taken place on December 31, 2017. Net sales in 2019 were $3,976 million; net loss attributable to Covetrus was $(1,019) million. Net sales in 2018 were $3,778 million; net income for the period was $101 million. <em>(company website)<\/em><\/li>\n<li><strong>Benchmark Holdings<\/strong> reported results for the first quarter of fiscal 2020. Revenues were GBP 25 million ($31.9 million), a decline of 15.5% year-on-year. Net loss for the period was GBP(5.3) million, compared to a net loss of GBP(6.1) million in Q1 2019<em>. (Animal Pharm)<\/em><\/li>\n<li><strong>Avivagen <\/strong> announced its unaudited financial results for the first quarter of 2020. Revenues were C$247,805 (US$185,300), a decrease of C$74,320 over the three-month period ended January 31, 2019. The comprehensive loss from continuing operations was C$(1.3) million. <em>(company press release)<\/em><\/li>\n<li><strong>Zomedica Pharmaceuticals Corp<\/strong>. announced consolidated financial results for the year ended December 31, 2019. Zomedica, which had no recorded revenues, recorded a net loss of $(19.8) million, compared to a loss of $(16.6) million for 2018. The company had cash and cash equivalents of $510,586 as of December 31, 2019, compared to $1,940,265 as of December 31, 2018.<em> (Globe Newswire)<\/em><\/li>\n<li><strong>Sanderson Farms<\/strong> reported results for the first quarter of fiscal 2020. Net sales were $823 million, compared with $743 million for the same period a year ago. The company reported a net loss of $(38.6) million compared with a net loss of $(17.8) million for the 2019 first quarter. <em>(Feedstuffs)<\/em><\/li>\n<\/ul>\n<p><strong>************************************<\/strong><br \/>\n<strong>2020 Brakke Consulting Animal Health Industry Overview<\/strong><\/p>\n<p>Does your company need a quick, compelling review of what important things happened in the animal health industry in 2019 and what 2020 might look like?<\/p>\n<p>Our annual Industry Overview presented at the VMX and WVC conferences earlier this year can be presented to your company or team and be tailored to fit your specific needs.\u00a0 The key topics this year included the following:<\/p>\n<ul>\n<li>Industry performance and a special analysis of the public companies in animal health<\/li>\n<li>Vet practice consolidation, CBD and new companion animal technologies<\/li>\n<li>Disruptive technologies and the changing landscape of the diagnostics industry<\/li>\n<li>African Swine fever, plant-based meat and milk products and their impact on protein and animal health product demand<\/li>\n<\/ul>\n<p>Call one of our consultants (<a href=\"https:\/\/brakkeconsulting.com\/about-us\/our-consultants\/\">https:\/\/brakkeconsulting.com\/about-us\/our-consultants\/<\/a>), email Amanda McDavid (<a href=\"mailto:amcdavid@brakkeconsulting.com\">amcdavid@brakkeconsulting.com<\/a>), or call her at 336-396-3916 to learn more.<\/p>\n<p><a href=\"http:\/\/www.BrakkeConsulting.com\">www.BrakkeConsulting.com<\/a><\/p>\n<p><strong>************************************<\/strong><\/p>\n<p><strong>COMPANY NEWS RELEASES<\/strong><\/p>\n<ul>\n<li><strong>Merck Animal Health a<\/strong>nnounced an agreement with <strong>Addison Biological Laboratory<\/strong>, Inc., to market the USDA conditionally licensed <em>Moraxella Bovoculi <\/em> The product is the only commercially available vaccine for the prevention of pinkeye due to <em>Moraxella bovoculi<\/em> in cattle<em>. (company press release)<\/em><\/li>\n<li><strong>Mars<\/strong> announced that elective declaw surgery is now banned at all 875<strong> VCA<\/strong> Animal Hospitals across the US; only medically necessary declaws will be performed. The policy change follows similar moves at 1,050 Banfield Pet Hospitals and 80 BluePearl practices, also owned by Mars. <em>(Todays Veterinary Business)<\/em><\/li>\n<li><strong>Nestl\u00e9<\/strong> announced plans to launch a global pet care accelerator program for early-stage businesses this year. The Unleashed accelerator will identify and support start-ups that &#8220;integrate science and technologies into innovative products and services for pets&#8221;. Unleashed will leverage Nestl\u00e9 Purina&#8217;s R&amp;D expertise and commercial reach to foster selected start-ups, and provide firms with proof-of-concept funding of up to CHF50,000 ($51,500).<em> (Animal Pharm)<\/em><\/li>\n<li>The FDA announced it has approved <strong>Akorn Animal Health<\/strong>&#8216;s generic Pentobarbital Sodium and Phenytoin Sodium Injectable Solution for use in dogs for humane, painless, and rapid euthanasia.<em> (FDA)<\/em><\/li>\n<li><strong>Western Nutritional Laboratories<\/strong>, LLC announced the launch of new Plaque Re-Lease Easy Pinch Tablets for dogs and cats. The Easy Pinch Tablets are made with all-natural cranberry extract and are clinically proven to prevent dental diseases.<em> (company press release)<\/em><\/li>\n<li><strong>Pet Plate<\/strong>, a startup selling freshly cooked pet meals that are flash-frozen before shipping to customers who pay on a subscription basis, announced it has raised $9 million in a Series A round co-led by 301 Inc., the venture capital arm of <strong>General Mills<\/strong>, which owns Blue Buffalo pet foods. <em>(Pet Products SmartBrief &#8211; Bizjournals)<\/em><\/li>\n<li>The <strong>Furst-McNess Company<\/strong> announced the launch of Furst Animal Health brand to better distinguish their health-focused products in the marketplace. Their swine, poultry and dairy products have been in the market for several years. <em>(Hoard&#8217;s Dairyman)<\/em><\/li>\n<li>EU The European Medicines Agency&#8217;s Committee for Medicinal Products for Veterinary Use (CVMP) announced it has adopted a positive opinion for<strong> Ceva<\/strong>&#8216;s Tulaven and <strong>Virbac<\/strong>&#8216;s Tulissin &#8211; generic injectable tulathromycin products for cattle, pigs and sheep.<em> (Animal Pharm)<\/em><\/li>\n<li>AUSTRALIA <strong>Neogen Corporation<\/strong> announced that it has acquired the food safety assets of Australia-based <strong>Cell BioSciences<\/strong>, a major supplier of food safety and industrial microbiology products. Cell BioSciences will continue to operate in its non-food safety markets. Financial terms were not disclosed. <em>(company press release)<\/em><\/li>\n<li>NEW ZEALAND <strong>FarmIQ<\/strong>, a provider of farm management software, announced that <strong>Merck Animal Health<\/strong> has made a minority investment in the company.<em> (scoop.co.nz)<\/em><\/li>\n<li>ISRAEL New Zealand-based cooperative <strong>Livestock Improvement Corporation<\/strong> (LIC) announced it has acquired a 50% stake in Israeli dairy farm management business <strong>Afimilk<\/strong>. Although some financial details were undisclosed, Afimilk has an enterprise value of $140 million. <em>(Animal Pharm)<\/em><\/li>\n<\/ul>\n<p>***********************************<\/p>\n<p><strong>ANIMAL HEALTH STOCK PRICE TRACKER<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-27918\" src=\"https:\/\/brakkeconsulting.com\/wp-content\/uploads\/2020\/03\/Stock-Table-3.6-1.jpg\" alt=\"\" width=\"842\" height=\"597\" srcset=\"https:\/\/brakkeconsulting.com\/wp-content\/uploads\/2020\/03\/Stock-Table-3.6-1.jpg 842w, https:\/\/brakkeconsulting.com\/wp-content\/uploads\/2020\/03\/Stock-Table-3.6-1-480x340.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 842px, 100vw\" \/><\/p>\n<p>*Thursday market closing prices<\/p>\n<p>***********************************<\/p>\n<p><strong>ANIMAL HEALTH NEWS<\/strong><\/p>\n<ul>\n<li>US &#8211; COVID-19 In an ongoing evaluation of the impact of coronavirus, the FDA reported that there are 32 animal drug firms that make finished drugs or source active pharmaceutical ingredients in China for the US. Although there are no current shortages, six of those firms &#8211; not identified by the FDA &#8211; have indicated that they are seeing disruptions in the supply chain that soon could lead to shortages.<em> (Feedstuffs)<\/em><\/li>\n<li>CHINA &#8211; ASF RESEARCH The National African Swine Fever Specialty Laboratory of the Harbin Veterinary Research Institute of the Chinese Academy of Agricultural Sciences announced that it has created a live attenuated vaccine against African swine fever (ASF), with good safety and effectiveness for domesticated pigs. After reviewing the paper, the executive director of the Swine Health Information Center stated that there are still &#8220;a lot of issues that need to be addressed before this [development] leads to a vaccine,&#8221; including the utility of this virus to stimulate immunity against the circulating strain, the possibility of having a &#8220;carrier state&#8221; of wild virus after vaccination and the lack of being able to differentiate vaccine from wild virus. <em>(Feedstuffs)<\/em><\/li>\n<li>US &#8211; HEMP REGULATION The USDA and Drug Enforcement Administration (DEA) reached an agreement that drops the provision in USDA\u2019s Interim Hemp Rule that required hemp growers to test the tetrahydrocannabinol (THC) levels of their crops at a DEA-certified laboratory. Under the new guidance, USDA will delay enforcement of the requirement for labs to be registered by DEA and the requirement that producers use a DEA-registered reverse distributor or law enforcement to dispose of non-compliant plants under certain circumstances. Enforcement will be delayed starting this crop year and until Oct. 31, 2021, or until the final rule is published, whichever comes first.<em> (Feedstuffs)<\/em><\/li>\n<\/ul>\n<p>************************************<br \/>\n<strong>BRAKKE CONSULTING VIEWPOINT<\/strong><\/p>\n<p>Two weeks ago, Bob wrote about COVID-19 and the possible impact on pharmaceutical supply chains. I\u2019d like to expand on this topic and bring up one other concern.<\/p>\n<p>There are reports from Hong Kong that a dog has tested positive for COVID-19 but has shown no clinical symptoms.\u00a0 Currently there is no evidence that dogs or other companion animals play a role in the spread of the disease.\u00a0 Public health experts must quickly and conclusively demonstrate that the current evidence holds true or the impact of panic or evidence-free speculation could create deadly outcomes for many pets.<\/p>\n<p>Regarding supply chains, the FDA reports that 32 animal drug firms make finished drugs or source active pharmaceutical ingredients in China for U.S. sales. Six of those firms have reported seeing supply chain disruptions that will soon lead to product shortages.\u00a0 How soon and for how long will shortages occur?\u00a0 Will current business and regulatory paradigms shift dramatically in response to COVID-19?<\/p>\n<p>I am sure animal health companies will make changes in their supply chains that involve China, but I\u2019m not sure they will rise to the level of true business paradigm shifts in our industry.\u00a0 And that is this week\u2019s question \u2013 let us know what you think.<\/p>\n<p><em>Mike McGinley<\/em><\/p>\n<p>***********************************<\/p>\n<p><strong>YOUR VIEW<\/strong><\/p>\n<p>Last week, we asked what you thought the reduction in the expected 5% growth would be in the animal health industry this year due to the COVID-19 outbreak.\u00a0 Of the respondents, almost half predicted the expected 5% growth would be reduced between 0 and 10% and almost a quarter thought it would be reduced between 21 and 30%.\u00a0 The average reduction was 17%.\u00a0 We\u2019ll get an idea of the impact as first quarter results are announced.<\/p>\n<p>We want to hear from you \u2013 share your opinions with us in this one-question poll by clicking below!<\/p>\n<p><strong>This Week\u2019s Question:<\/strong><\/p>\n<p><a href=\"https:\/\/www.surveymonkey.com\/r\/3X8S3FB\">Will animal health companies make changes in their supply chains that involve China because of the COVID-19 outbreak there?<\/a><\/p>\n<p>**********************************<\/p>\n<p>Trouble viewing this newsletter?\u00a0 You can view it online at <a href=\"http:\/\/www.BrakkeConsulting.com\">www.BrakkeConsulting.com<\/a><\/p>\n<p><em>This electronic newsletter is the sole property of Brakke Consulting.<br \/>\nAny use of the contents herein should be approved by and appropriately attributed to Brakke Consulting.<\/em><\/p>\n<p>For more information about Brakke Consulting&#8217;s services and syndicated studies, visit our website at <a href=\"http:\/\/www.brakkeconsulting.com\">www.brakkeconsulting.com<\/a>.<\/p>\n<p>Brakke Consulting<br \/>\n806 Green Valley Rd<br \/>\nSuite 200<br \/>\nGreensboro, NC\u00a0 27408<\/p>\n","protected":false},"excerpt":{"rendered":"<p>*********************************** Brakke Consulting\u306e2020\u5e743\u67086\u65e5\u306e\u52d5\u7269\u306e\u5065\u5eb7\u306b\u95a2\u3059\u308b\u30cb\u30e5\u30fc\u30b9\u3068\u30ce\u30fc\u30c8 Copyright \u00a9 Brakke Consulting \u7de8\u96c6\u8005: Lynn Fondon DVM MBA ************************************ \u30cb\u30e5\u30fc\u30b9: Brakke Consulting\u30cb\u30e5\u30fc\u30b9 2020\u5e74 \u696d\u754c\u6982\u8981 \u2013 \u4eca\u3059\u3050\u30b9\u30b1\u30b8\u30e5\u30fc\u30eb\u3092\u8a2d\u5b9a \u53ce\u76ca\u30cb\u30e5\u30fc\u30b9 Avivagen Benchmark Holdings Covetrus Sanderson Farms Zomedica \u305d\u306e\u4ed6\u306e\u30cb\u30e5\u30fc\u30b9 Addison Biological Laboratory Afimilk Akorn Animal Health Cell BioSciences Ceva FarmIQ Furst-McNess General Mills Livestock Improvement Corporation Mars Merck (Addison) Merck (FarmIQ) Neogen Nestl\u00e9 Pet Plate VCA Virbac Western Nutritional Laboratories ************************************ \u5357\u897f\u7363\u533b\u30b7\u30f3\u30dd\u30b8\u30a6\u30e0 \u30c6\u30ad\u30b5\u30b9\u5dde\u30d5\u30a9\u30fc\u30c8\u30ef\u30fc\u30b9\u3001\u30d5\u30a9\u30fc\u30c8\u30ef\u30fc\u30b9\u30b3\u30f3\u30d9\u30f3\u30b7\u30e7\u30f3\u30bb\u30f3\u30bf\u30fc\u306b\u3066 2020\u5e749\u670824\u65e5\uff5e27\u65e5 \u65e9\u671f\u767b\u9332 \u2014 \u73fe\u5728\u304b\u30897\u6708\u307e\u3067\u7b2c16\u56de 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************************************ \u4f01\u696d\u53ce\u76ca\u767a\u8868 2019\u5e742\u67087\u65e5\u3088\u308a\u72ec\u7acb\u4f01\u696d\u3068\u306a\u3063\u305fCovetrus\u306f\u30012019\u5e74\u901a\u671f\u306e\u696d\u7e3e\u3092\u767a\u8868\u3057\u307e\u3057\u305f\u3002\u524d\u5e74\u6bd4\u6bd4\u8f03\u3092\u5bb9\u6613\u306b\u3059\u308b\u305f\u3081\u3001Covetrus\u306f\u3001\u72ec\u7acb\u7cfb\u4f01\u696d\u306eHenry Schein Animal Health\u3068Vets First Choice\u306e\u8ca1\u52d9\u8af8\u8868\u3092\u7d44\u307f\u5408\u308f\u305b\u305f\u3001\u975eGAAP\u30d7\u30ed\u30d5\u30a9\u30fc\u30de\u8ca1\u52d9\u60c5\u5831\u3092\u63b2\u8f09\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<div class=\"view-full-post\"><a href=\"https:\/\/brakkeconsulting.com\/ja\/animal-health-news-notes-for-march-6-2020\/\" class=\"view-full-post-btn\">\u5168\u6587\u3092\u898b\u308b<\/a><\/div>\n<p>;<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-27914","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>News from Brakke Consulting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brakkeconsulting.com\/ja\/animal-health-news-notes-for-march-6-2020\/\" \/>\n<meta property=\"og:locale\" content=\"ja_JP\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News from Brakke Consulting\" \/>\n<meta property=\"og:description\" content=\"*********************************** Brakke Consulting&#8217;s Animal Health News &amp; Notes for March 6, 2020 Copyright \u00a9 Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2020 Industry Overview \u2013 schedule yours now Earnings News Avivagen Benchmark Holdings Covetrus Sanderson Farms Zomedica Other News Addison Biological Laboratory Afimilk Akorn Animal Health Cell BioSciences Ceva FarmIQ Furst-McNess General Mills Livestock Improvement Corporation Mars Merck (Addison) Merck (FarmIQ) Neogen Nestl\u00e9 Pet Plate VCA Virbac Western Nutritional Laboratories *********************************** SOUTHWEST VETERINARY SYMPOSIUM Fort Worth, Texas at the Fort Worth Convention Center September 24-27th, 2020 Early Bird Registration \u2014 Now Until July 16th LEARN MORE. BE MORE. Registration is NOW OPEN! Southwest Veterinary Symposium \u2014 a partnership of the Arkansas, Louisiana, New Mexico, Oklahoma and Texas Veterinary Medicine Associations \u2013 provides continuing education for veterinary professionals. Join us this September in Fort Worth, Texas where you can learn about the latest innovations and products, network with other veterinary professionals, explore design and renovation ideas and choose from more than 400+ hours of quality courses. www.swvs.org ************************************ COMPANY EARNINGS RELEASES Covetrus, an independent company beginning on February 7, 2019, reported results for the full year 2019. 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Notes for March 6, 2020 Copyright \u00a9 Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2020 Industry Overview \u2013 schedule yours now Earnings News Avivagen Benchmark Holdings Covetrus Sanderson Farms Zomedica Other News Addison Biological Laboratory Afimilk Akorn Animal Health Cell BioSciences Ceva FarmIQ Furst-McNess General Mills Livestock Improvement Corporation Mars Merck (Addison) Merck (FarmIQ) Neogen Nestl\u00e9 Pet Plate VCA Virbac Western Nutritional Laboratories *********************************** SOUTHWEST VETERINARY SYMPOSIUM Fort Worth, Texas at the Fort Worth Convention Center September 24-27th, 2020 Early Bird Registration \u2014 Now Until July 16th LEARN MORE. 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