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Animal Health News & Notes for February 18, 2022
*********************************** Brakke Consulting’s Animal Health News & Notes for February 18, 2022 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2022 Industry Overview Earnings News Alivira Animal Health Nestlé Orion Animal Health Royal DSM Spectrum Brands Swedencare Trupanion Zoetis Other News Bimeda Bright Pet Brisk Health Pets Dog Child Dyadic Hound Huvepharma Intervacc Jaguar Animal Health Leap Venture Studio Mars Petcare Mella PetHub Petix Petz Phibro Animal Health Shepherd Veterinary Software Vetsie ************************************ KC ANIMAL HEALTH CORRIDOR ANIMAL HEALTH SUMMIT NOW ACCEPTING 2022 EMERGING COMPANY APPLICATIONS The KC Animal Health Corridor is now accepting applications from early-stage companies to present at the 14th annual Animal Health Summit, held in Kansas City on August 29-30, 2022. The 14th annual Summit is one of the only opportunities in the world for early-stage companies in the animal health and nutrition sectors to present their vision, business plan and technology to potential investors. The selection committee will consider companies that meet the following criteria: – Seeking $500,000 – $20 million in funding, or strategic partnerships to advance a company’s technology – Revenue projections of $20 million within 5-7 years Applications are due by April 4. To apply to present as an emerging company, visit the Animal Health Summit application page . For more information, contact Kimberly
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February 18, 2022
Animal Health News & Notes for February 11, 2022
*********************************** Brakke Consulting’s Animal Health News & Notes for February 11, 2022 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2022 Industry Overview Earnings News Bioveta MWI Phibro Other News ABS Global Acuity ADM CHW Connecterra CowManager Dane Creek Capital EBSCO Information Services Fast Genetics InnovaFeed Kahuvet Group LexaGene Meridian Veterinary Capital MWI Animal Health Nextmune Phelps Pet Products Select Sires Simmons Pet Food TheraVet United Raw Vet-Allergy Vimian Group (Kahuvet Group) Vimian Group (Vet-Allergy) Virbac Wag Labs Wodema Zoetis ************************************ Southwest Veterinary Symposium – SWVS 2022 back in Fort Worth! Fort Worth, Texas – Fort Worth Convention Center September 22-25, 2022 Early Bird Registration — Now Until July 31st Steer Your Career – Registration is NOW OPEN! Southwest Veterinary Symposium is a partnership of the Arkansas, Louisiana, New Mexico, Oklahoma and Texas Veterinary Medicine Associations, which provides continuing education for veterinary professionals. Join us this September in Fort Worth, Texas, where you can learn about the latest innovations and products while exploring our exhibit hall, network with other veterinary professionals, and choose from more than 400+ hours of quality CE/RACE approved sessions. www.swvs.org ************************************ EARNINGS NEWS RELEASES Phibro Animal Health Corporation announced financial results for its second quarter ended December 31, 2021. Animal Health net sales were $150.1 million, an increase
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February 10, 2022
Animal Health News & Notes for February 4, 2022
*********************************** Brakke Consulting’s Animal Health News & Notes for February 4, 2022 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2022 Industry Overview Earnings News Central Garden & Pet Hester Biosciences Hill’s IDEXX Krka Merck Novozymes Other News Allflex ASPCA Pet Health Insurance Athian Bova Holdings Limited CareCredit Crum & Forster Pet Insurance Group Elanco Ellie Diagnostics Emergent Health Corp Hartville Pet Insurance Merck Nextmune Norbrook Labs Patterson Petco Pet Food Experts Petriage PharmaZu Corp Rover.com Synchrony Vimian Group W.F. Young Zoetis ************************************ Brakke Consulting Announcing the 2022 Brakke Industry Overview Presented at WVC: Monday, March 7th, 2-4 pm, Four Seasons Hotel, Acacia Ballroom We are back to being in person! Come join us at Brakke Consulting’s annual Industry Overview presented at VMX and WVC in 2022. The Overview will feature industry and top global company performance, brand new market research from companion animal veterinarians, and a closer look at the current and future use of monoclonal antibodies in veterinary medicine. Brand new this year – led by Brakke Senior Consultant Paul Casady, a panel of industry leaders will discuss their views on the outlook for the companion animal market, so you can hear firsthand from these experts. Panelists for WVC will include: – Mr. Randolph Legg, President and Head of Commercial
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February 4, 2022
Animal Health News & Notes for January 28, 2022
*********************************** Brakke Consulting’s Animal Health News & Notes for January 28, 2022 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2022 Industry Overview Earnings News Fressnapf PetMed Express Vetoquinol Other News A&M Capital Partners ArcaNatura SAS Bactana Corp BC Partners Beijing Dabeinong Technology Group Elanco Fulcrum Equity Partners Hagyard Equine Medical Institute Hunan Jiuding Technology Huvepharma Innovet Kitty Sift KKR Lowe’s MentorVet My Pet’s Vet Group NaturVet OMNI Petco PetSmart Swedencare The Vets Vetoquinol Worldwise Ÿnsect ************************************ Brakke Consulting Announcing the 2022 Brakke Industry Overview Presented at WVC: Monday, March 7th, 2-4 pm, Four Seasons Hotel, Acacia Ballroom We are back to being in person! Come join us at Brakke Consulting’s annual Industry Overview presented at VMX and WVC in 2022. The Overview will feature industry and top global company performance, brand new market research from companion animal veterinarians, and a closer look at the current and future use of monoclonal antibodies in veterinary medicine. Brand new this year – led by Brakke Senior Consultant Paul Casady, a panel of industry leaders will discuss their views on the outlook for the companion animal market, so you can hear firsthand from these experts. Panelists for WVC will include: – Mr. Randolph Legg, President and Head of Commercial Business, Boehringer Ingelheim Animal Health USA
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January 28, 2022
Animal Health News & Notes for January 21, 2022
*********************************** Brakke Consulting’s Animal Health News & Notes for January 21, 2022 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2022 Industry Overview Earnings News Avivagen Virbac Other News ADM Alliance Animal Health AnimalBiome Antech Boehringer Ingelheim CareCredit Centravet Clarius Mobile Health Danisco Animal Nutrition Elanco (Zorbium) Elanco (TechMix) Felix Biotechnology IDEXX Innovetive Petcare L Catterton LightBay Capital MabGenesis Mars Metalmark Capital Mission Pets Nom North State Industries One Health Company Pawlicy Advisor PetDesk Purpose Investments RESET Bioscience SportPet Starbar Products Synchrony TechMix TheraVet VCA Vet Set Go Vetter Weave ************************************** KC ANIMAL HEALTH CORRIDOR ANIMAL HEALTH SUMMIT NOW ACCEPTING 2022 EMERGING COMPANY APPLICATIONS The KC Animal Health Corridor is now accepting applications from early-stage companies to present at the 14th annual Animal Health Summit, held in Kansas City on August 29-30, 2022. The 14th annual Summit is one of the only opportunities in the world for early-stage companies in the animal health and nutrition sectors to present their vision, business plan and technology to potential investors. The selection committee will consider companies that meet the following criteria: – Seeking $500,000 – $20 million in funding, or strategic partnerships to advance a company’s technology – Revenue projections of $20 million within 5-7 years Applications are due by April 4. To apply to
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January 21, 2022
Animal Health News & Notes for January 14, 2022
*********************************** Brakke Consulting’s Animal Health News & Notes for January 14, 2022 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2022 Industry Overview –VMX session is Monday January 17 Earnings News Freshpet Other News 20/20 Imaging A&M Capital Partners Alivira Animal Health Altasciences Anivive Lifesciences Benchmark BetterVet Mobile Veterinary Care Bird Buddy Butterfly Network Cargill Cermaq Covetrus Dechra (Halocarbon) Dechra (Laverdia) DW Healthcare Partners ElleVet Sciences Equine Network Evance Group Furhaven Pet Products Guardian Pet Food Company HABRI Halocarbon Life Sciences Hanaco Ventures The Horse IDEXX Innocan Pharma Konica Minolta MBF Therapeutics Medovate NAVC Noble Pharma Petnow Remilk Simulations Plus Sinclair Research Tractive Vetoquinol VetPawer Vets Plus Virbac Worldwise Yissum Research Development Company Zoetis ************************************ Brakke Consulting Announcing the 2022 Brakke Industry Overview Register today for the Overview at VMX Presented at VMX: Monday, January 17th, 2-4 pm, Hyatt Regency, Orlando N Room Presented at WVC: Monday, March 7th, 2-4 pm, Four Seasons Hotel, Acacia Ballroom We are back to being in person! Come join us at Brakke Consulting’s annual Industry Overview presented at VMX and WVC in 2022. The Overview will feature industry and top global company performance, brand new market research from companion animal veterinarians, and a closer look at the current and future use of monoclonal antibodies in veterinary
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January 14, 2022
Animal Health News & Notes for January 7, 2022
*********************************** Brakke Consulting’s Animal Health News & Notes for January 7, 2022 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2022 Industry Overview Earnings News General Mill Neogen Other News Ancom Bhd Animal Dermatology Group Axxon Group BASF Animal Nutrition Bessemer Investors Bioiberica Covetrus Dane Creek Capital Dechra Dellait IMEX Invoxia JA Saúde Animal Jaguar Animal Health Manna Pro Products MEP Equine Solutions Ouro Fino Saude Animal Oxbow Animal Health Parasight System Pathway Intermediates Percheron Capital Pet Flavors PetMedix Petriage Pets West Pets & Supplies PetVivo SAGE Healthcare Shennong Animal Health Smart Tracking Technologies United Raw Pet Foods Vemedim VetCove Vimian Group VolitionRx Zoetis (Simparica Trio) Zoetis (PetMedix) ************************************ Brakke Consulting Announcing the 2022 Brakke Industry Overview Presented at VMX: Monday, January 17th, 2-4 pm, Hyatt Regency, Orlando N Room Presented at WVC: Monday, March 7th, 2-4 pm, Four Seasons Hotel, Acacia Ballroom We are back to being in person! Come join us at Brakke Consulting’s annual Industry Overview presented at VMX and WVC in 2022. The Overview will feature industry and top global company performance, brand new market research from companion animal veterinarians, and a closer look at the current and future use of monoclonal antibodies in veterinary medicine. Brand new this year – led by Brakke Senior Consultant Paul Casady,
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January 7, 2022
Animal Health News & Notes for December 31, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for December 31, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ ANIMAL HEALTH NEWS & NOTES CELEBRATES 22 YEARS OF INDUSTRY NEWS Wow – it’s hard to believe that 22 years has passed since we at Brakke decided that an industry-focused e-newsletter would be a good idea. Our first newsletter was sent out in August of 1999 to about 200 subscribers. As of December 15, we had over 6,700 active subscribers in more than two dozen countries, and many more readers view the newsletter online or see it forwarded from a colleague. The industry has changed more than a little in the ensuing two decades. The very first newsletter featured a “top 10” list that included the following: Merial; Pfizer; Bayer; Intervet; Fort Dodge; Novartis; Schering Plough; Elanco; Pharmacia & Upjohn; and Hoffmann-La Roche. Who would have predicted back then that 9 out of 10 of those names would no longer be around in animal health 20 years later?! Our first News & Notes was pretty brief compared to the newsletters in 2021, with only a half-dozen announcements. It wasn’t easy to get news about our industry back then, and we felt we could serve an unmet need with a weekly news roundup. Now, most of us are besieged
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January 4, 2022
Animal Health News & Notes for December 17, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for December 17, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2022 Industry Overview Other News 3M Alivira Animal Health Arbor Investments Carnivore Meat Evance Saude Animal Health Genetic Veterinary Sciences Infinity Pet Services Longview Asset Management Maev Merck Midwest Veterinary Supply MYOS CORP Neo Bites Neogen (3M) Neogen (Genetic Veterinary Sciences) Nourrie Saúde e Nutrição Animal Ltda PetDx Pet Evolution PetsApp Pet Supplies Plus Regency Pet Rockin’ Pets, Rollin’ Vets ScanVet Animal Health SeQuent Scientific Limited Springdale Ventures TheraVet Vetio Xintela ************************************ Brakke Consulting Announcing the 2022 Brakke Industry Overview Presented at VMX: Monday, January 17th, 2-4 pm, Hyatt Regency, Orlando N Room Presented at WVC: Monday, March 7th, 2-4 pm, Four Seasons Hotel, Acacia Ballroom We are back to being in person! Come join us at Brakke Consulting’s annual Industry Overview presented at VMX and WVC in 2022. The Overview will feature industry and top global company performance, brand new market research from companion animal veterinarians, and a closer look at the current and future use of monoclonal antibodies in veterinary medicine. Brand new this year – led by Brakke Senior Consultant Paul Casady, a panel of industry leaders will discuss their views on the outlook for the companion animal market,
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December 17, 2021
Animal Health News & Notes for December 10, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for December 10, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2021 US Flea Control & Heartworm Markets report – now available Earnings News Chewy Other News ALR Technologies AMO Partners Audax Private Equity Bridge Bank Ceva Chewy Diamond Pet Foods Fidu GlobalOne Pet Products Hill’s Infinovo Medical International Finance Corporation J.M. Smucker Livia Global Main Street Capital Mixlab Nextmune Pamlico Capital Penn Veterinary Supply Pharmgate PlantForm Corporation POSCO International Scout Bio Thurston Group Trupanion Valley Vet Supply Veterinary Practice Partners Virbac Vimian Group VitusVet Zenex Animal Health India Zoetis ************************************ Brakke Consulting 2021 US FLEA CONTROL AND HEARTWORM MARKETS REPORT NOW AVAILABLE Are you on top of the trends in the largest market segment in companion animal health? Brakke Consulting has just published our 2021 report on the US Flea Control and Heartworm Markets. The report includes valuable information on the US market for small animal parasiticides including: – Product descriptions, prices (veterinarian cost and online pricing), and current and historical sales for the leading veterinary flea, tick and heartworm products – an overview of the veterinary and OTC flea control markets – discussion of new product launches, including CREDELIO CAT, FRONTLINE SHIELD, and IMOXI – 2021 survey of 400 veterinarians – 2021 survey of 500
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December 10, 2021
Animal Health News & Notes for December 3, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for December 3, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Benchmark Holdings DS Pharma Animal Health ECO Animal Health MWI Patterson Vimian Group Zenoaq Other News Angany Arenus Animal Health Aurora Pharmaceutical Basepaws Bimeda Covenant Animal Health Partners Delf EarthWise Pet Elanco FirstVet Hallmarq Hygain Med-Pharmex Nextmune Neogen NovaQuest Capital Management Pathway Vet Alliance PetDesk Pet Pros Royal DSM TechAccel Thrive Pet Healthcare Vestkorn Milling Vetoquinol Vimian Group Virbac ************************************ COMPANY EARNINGS RELEASES AmerisourceBergen reported results for fiscal 2021 ended September 30. MWI Animal Health‘s sales were $4.68 billion, an increase of 11% year-over-year. (IHS Markit Connect) Patterson Companies, Inc. reported results for its fiscal second quarter ended October 30, 2021. Reported net sales in the Animal Health segment were $1.03 billion, an increase of 12% over the prior-year quarter (internal sales growth of 16%). (company press release) Nippon Zenyaku Kogyo (Zenoaq) reported results for the first half of its fiscal 2021 ended September 30. Sales were JPY 17,650 million ($155.6 million), an increase of 4% over the prior-year period. Zenoaq’s companion animal product sales climbed by 4.2% to JPY 8,463 million ($74.6 million). (IHS Markit Connect) ECO Animal Health reported results for the first half of fiscal 2022 ended September 30. Revenues
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December 9, 2021
Animal Health News & Notes for November 24, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for November 24, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Central Garden & Pet J.M. Smuckers Other News Alpine Investors Antelope BioTech Foods Bocce’s Bakery Caitec Fairchild Capital Partners Fuzzy Hendrix Genetics Icon Ventures IDEXX INNOTERE JBS Labopat Med-Pharmex MicroSynbiotiX NPM Capital Nuzoa Ouro Fino Saúde Animal Paine Schwartz Partners Regenera Medicina Veterinária Avançada Royal DSM Sundew TheraVet Vetoquinol VetPet Box ************************************ COMPANY EARNINGS RELEASES Central Garden & Pet Company announced results for its fiscal year 2021 ended September 25, 2021. Net sales for the Pet segment increased 13% to $1.9 billion compared to a year ago. (company press release) The M. Smucker Co. announced results for the second quarter ended October 31, 2021, of its 2022 fiscal year. Sales for US Retail Pet Foods were $702 million, a decrease of $7 million; excluding $51 million of noncomparable net sales in the prior year related to the divested Natural Balance business, net sales increased 7%. Segment profit was $99.6 million, a decline of 20%. (company website) ************************************ COMPANY NEWS RELEASES IDEXX Laboratories announced the launch of the Alertys OnFarm Pregnancy Test for cattle. The test uses whole blood (EDTA) sampling, so no equipment needed; provides results in minutes; and finds open animals early
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Animal Health News & Notes for November 19, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for November 19, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2021 Flea Tick & Heartworm Markets report – early order discount ends TODAY! Earnings News Alivira Animal Health ImmuCell Kane Biotech Krka Ouro Fino Saúde Animal Petco Zomedica Other News ADM Connecterra ELIAS Animal Health Encore Vet Group Fonterra Genelux Huvepharma Invetx ioVet Jinx Nestlé Purina PetCare One Health Group Pet Rest Pureland Group Pure Simple True Regency Pet Twist Bioscience VetSupport Virbac Ynsect ************************************ Brakke Consulting 2021 US FLEA CONTROL AND HEARTWORM MARKETS REPORT EARLY-BIRD DISCOUNT ENDS TODAY!! Are you on top of the trends in the largest market segment in companion animal health? Brakke Consulting will soon be publishing our 2021 report on the US Flea Control and Heartworm Markets. The report includes valuable information on the US market for small animal parasiticides including: – Product descriptions, prices (veterinarian cost and online pricing), and sales for the leading veterinary flea, tick and heartworm products – an overview of the veterinary and OTC flea control markets – discussion of new product launches, including CREDELIO CAT, FRONTLINE SHIELD, and generic imidacloprid/moxidectin products – 2021 survey of 400 veterinarians – 2021 survey of 500 pet owners The report on the US Flea Control & Heartworm Markets will be
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November 22, 2021
Animal Health News & Notes for November 12, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for November 12, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2021 Flea Tick & Heartworm Markets report – early order discount ends next Friday! Earnings News Cryoport Elanco Freshpet VolitionRx Other News ADM Tronics Unlimited Avego Healthcare Capital AXIS Insurance Boehringer Ingelheim Bond Pet Foods Boss Pet Products Centrovet Ceva Ellie Diagnostics Frank Rowe & Son Freelance Surgical Hester Biosciences Hill’s OrthoPets PetPlan SBLP Capital Thrishool Exim Vimian Group Virbac ************************************ Brakke Consulting 2021 US FLEA CONTROL AND HEARTWORM MARKETS REPORT EARLY-BIRD DISCOUNT ENDS NOV. 19 Are you on top of the trends in the largest market segment in companion animal health? Brakke Consulting will soon be publishing our 2021 report on the US Flea Control and Heartworm Markets. The report includes valuable information on the US market for small animal parasiticides including: – Product descriptions, prices (veterinarian cost and online pricing), and sales for the leading veterinary flea, tick and heartworm products – an overview of the veterinary and OTC flea control markets – discussion of new product launches, including CREDELIO CAT, FRONTLINE SHIELD, and generic imidacloprid/moxidectin products – 2021 survey of 400 veterinarians – 2021 survey of 500 pet owners The report on the US Flea Control & Heartworm Markets will be available for a
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November 12, 2021
Animal Health News & Notes for November 5, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for November 5, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2021 Flea Tick & Heartworm Markets report – pre-order now Earnings News Covetrus Heska Hester Biosciences Hill’s IDEXX PetIQ Phibro Royal DSM Trupanion Zoetis Other News ACE Laboratories Alpha Paw Apiam Baseimmune Dechra (Sucromate) Dechra (amoxicillin-clavulanate) DMV Imaging Ethos Discovery FUJIFILM Goddard Veterinary Group Graftys Heska The Honest Kitchen Hoxton Ventures Jaguar Health LexaGene Merck Purina Smarty Pear Sparhawk Laboratories Tetracore TheraVet Thorn Bioscience Vetigenics VetPartners Group VetZ GmbH Virbac ************************************ BRAKKE CONSULTING 2021 US FLEA CONTROL AND HEARTWORM MARKETS REPORT EARLY-BIRD DISCOUNT ENDS NOV. 19 Are you on top of the trends in the largest market segment in companion animal health? Brakke Consulting will soon be publishing our 2021 report on the US Flea Control and Heartworm Markets. The report includes valuable information on the US market for small animal parasiticides including: – Product descriptions, prices (veterinarian cost and online pricing), and sales for the leading veterinary flea, tick and heartworm products – an overview of the veterinary and OTC flea control markets – discussion of new product launches, including CREDELIO CAT, FRONTLINE SHIELD, and generic imidacloprid/moxidectin products – 2021 survey of 400 veterinarians – 2021 survey of 500 pet owners The report on the
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November 5, 2021
Animal Health News & Notes for October 29, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for October 29, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News ADM Merck Novozymes PetMed Express Other News Akeso Biomedical Algenex Astro Pet Health Boehringer Ingelheim Cosmic Pet Easyvet Global Dx IDEXX ImpriMed Nutreco PanTheryx Petco Platinum Equity RealmFive Relevance Ventures Rockpool Investments Stellapps Transfur Trusted Housesitters Vetoquinol VetPawer VetSuccess Zenoaq ************************************ COMPANY EARNINGS RELEASES Merck announced financial results for the third quarter of 2021. Animal Health sales totaled $1.42 billion, an increase of 16% compared with the third quarter of 2020 (+14% currency adjusted). (company press release) PetMed Express reported results for the second quarter of fiscal 2021. Sales were $67.4 million, an 11% drop from the prior-year quarter. Net income was down 24.5% to $6.3 million. (IHS Markit Connect) ADM reported financial results for the third quarter of 2021. Animal nutrition sales reached $889 million, a 21% increase from the prior-year quarter. ADM reported a nearly two-fold jump in animal nutrition profits for the third quarter. (IHS Markit Connect) Novozymes reported results for the third quarter of 2021. The company reported a strong animal health performance in the third quarter, driving 15% higher sales to DKK430 million ($67 million) for its larger agricultural, animal health and nutrition division. (IHS Markit Connect) ************************************
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October 29, 2021
Animal Health News & Notes for October 22, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for October 22, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Nestle Orion Virbac Other News Allivet American International Holdings BASF BNP Paribas Bluegrove Cardif Pinnacle Cargill Celerant Technology Collings Nutrition Solutions ConturaVet Epiq Paws Figo Pet Insurance General Pet Supply Global Animal Partnership HerdDogg Independence Holding Company JAB Mars Petcare Moichor Penn Veterinary Supply PetDesk PetSmart Pet Solutions Group Purina Scout Bio Synergy Veterinary Imaging Partners TheraVet US Stem Cell Vetbiologics VetRad ************************************ COMPANY EARNINGS RELEASES Virbac SA reported results for the third-quarter of 2021. Revenue was EUR 288 million ($334 million), a 22% increase with respect to the same period in 2020 (+21% at constant exchange rates). (company press release) Nestle SA reported results for the first nine months of 2021. Petcare sales were CHF 11.36 billion ($12.32 billion), representing year-over-year real internal growth of 10%. (company website) Orion reported results for the third quarter of 2021. The animal health division reported turnover of EUR 16.2 million ($18.8 million), a year-on-year decline of 38%. (IHS Markit Connect) ************************************ COMPANY NEWS RELEASES Mars Petcare announced the launch of Greenies Dog Supplements – soft chews in three varieties: Hip & Joint, Immune Health, and Skin & Coat. (PRNewswire) Purina announced the launch of Pro
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October 22, 2021
Animal Health News & Notes for October 15, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for October 15, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Vetoquinol Other News Boehringer Ingelheim (expansion) Boehringer Ingelheim (Nexgard Combo) Bond Vet Chanelle Pharma ezyVet JD Pet Laboratorios Hipra Verovaccines Vetcare Warburg Pincus Zoetis ************************************ COMPANY EARNINGS RELEASES Vetoquinol reported financial results for the third quarter of 2021. Revenues were EUR 132 million ($153 million), up 14% at constant exchange rates compared with the same period of the previous year. (Businesswire) ************************************ COMPANY NEWS RELEASES Bond Vet announced a $170 million investment from Warburg Pincus, a leading global growth investor. The funding will be used to expand Bond Vet’s footprint and invest in equipment, training, culture and technology. Bond Vet offers veterinary care in the New York City area with clinics providing a wide range of appointment options including pre-scheduled appointments, walk-in visits, and telehealth. (wfmz.com) EU Zoetis announced that the Committee for Medicinal Products for Veterinary Use of the European Medicines Agency adopted a positive opinion for Apoquel (noclacitinib maleate) chewable tablets. The product is currently available as a film-coated tablet. (IHS Markit Connect) EU Boehringer Ingelheim Animal Health announced that the Committee for Medicinal Products for Veterinary Use (CVMP) of the European Medicines Agency recently recommended a grouped type II variation
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October 15, 2021
Animal Health News & Notes for October 8, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for October 8, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Other News AB Vista AniV8 Anpario Avivagen BetterVet Boehringer Ingelheim Elanco Embark Veterinary EquiTrace Feedworks USA Fromm Family Foods Fulfillment Advantage Ventures HBAN Irrus Investments Medgene Labs Newport Laboratories Pro-Vet Pulse Veterinary Technologies Smart Tracking Technologies Stonehaven Incubate Swedencare Vaxxinova VetPrep Zinpro Zoetis (facility expansion) Zoetis (VetScan Imagyst) Zomedica Corp ************************************ COMPANY NEWS RELEASES Zoetis announced it is supporting growing demand for its monoclonal antibodies – Cytopoint, Solensia and Librela – by increasing its production capacity in Tullamore, Ireland. The firm expects construction to commence in early 2022, with the expanded facility scheduled to become fully operational by 2025. Zoetis is also expanding its manufacturing site in Nebraska to support the global commercial reach of Librela. (IHS Markit Connect) Zoetis announced the addition of digital cytology testing to the Vetscan Imagyst multi-purpose diagnostics technology platform. With this innovation, Vetscan Imagyst now employs a network of expert remote pathologists along with artificial intelligence (AI) technology for fecal testing. (DVM360) Elanco Animal Health announced that it plans to carve out its microbiome research-and-development platform as it sharpens its focus on its late-stage pet-health pipeline. The company said the move would create a privately funded, independent biopharmaceutical company
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October 8, 2021
Animal Health News & Notes for October 1, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for October 1, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Animalcare Avivagen General Mills Other News A&M Capital Algenex Allflex Boehringer Ingelheim Cargill Animal Nutrition Champion Petfoods Elanco EQT AB Fatro Fuite Fulcrum Global Capital Invetx Jectas Innovators Merck Nationwide Open Prairie Perdue Farms VetStemVirbac Vytelle Worldwise Zooplus AG ************************************ COMPANY EARNINGS RELEASES General Mills reported results for its fiscal first quarter ended August 29, 2021. Pet segment sales increased 25% to $488 million. Net sales growth included 5 points of benefit from the acquisition of Tyson Foods’ pet treats business, which closed on July 6 and is being accounted for on a 1-month lag; organic net sales were up 20%. Segment operating profit increased 28% to $115 million. (company website) Animalcare reported results for the first half of 2021. Sales were GBP 39.1 million ($53.4 million), an increase of 13% over the prior-year period. Underlying EBITDA was GBP 8.5 million ($11.6 million), up 28% year-on-year. (IHS Markit Connect) Avivagen announced its unaudited Financial Statements for the third quarter ended July 31, 2021. The Company reported revenues of $505,886 compared to $612,530 in the quarter ending July 31, 2020; and a comprehensive loss of $(1,503,665) compared to a comprehensive loss in the prior-year
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October 1, 2021
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