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Animal Health News & Notes for May 7, 2021
Brakke Consulting’s Animal Health News & Notes for May 7, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Central Garden & Pet Covetrus Freshpet Heska Hill’s IDEXX MWI PetIQ PetMed Express Phibro Trupanion Zenoaq Zoetis Other News Accord Healthcare Adam & Eve/DDB Ascension Healthcare Cronus Pharma Elanco Grand Meadows GuardianVets Himalayan Corporation Iams Kinderhook Industries KKR Mazen Natural Pet Food Group Petco PetVivo Prairie Dog Pet Products Premier Vet Alliance Rayne Clinical Nutrition Regenosine Small Door Veterinary Stonehaven Incubate TrupanionVetosine Walmart ************************************ COMPANY EARNINGS RELEASES Zoetis reported its financial results for the first quarter of 2021. The company reported revenue of $1.9 billion, an increase of 22% compared with the first quarter of 2020. Net income was $559 million, an increase of 32% on a reported basis. Revenue in the US segment was $933 million, an increase of 19%. Sales of companion animal products increased 32% driven by growth in its parasiticides portfolio including the recently launched Simparica Trio brand. (company press release) IDEXX Laboratories, Inc. announced first quarter 2021 results. Revenues were $778 million for the first quarter of 2021, an increase of 24% as reported and 21% organic. Net income was $204 million, an increase of 49% from the prior-year quarter. Companion Animal Group revenue was $693 million, an increase
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May 7, 2021
Animal Health News & Notes for April 30, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for April 30, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Merck National Veterinary Services Nestle Novozymes Orion Other News Alibaba Bio-X Diagnostics Emollivet Hester Biosciences Home Again MatMaCorp Merck Miller Vet Patterson Veterinary Supply Pet Food Experts Pethealth SynDaver United Pacific Pet VetSuccess Zivo Bioscience ************************************ COMPANY EARNINGS RELEASES Merck announced financial results for the first quarter of 2021. Animal Health revenues were $1,418 million, an increase of 17% year-over-year (+15% currency adjusted). Sales growth reflected higher demand globally for companion animal products, including parasiticide lines of products, primarily Bravecto, as well as higher sales of companion animal vaccines. Sales growth in livestock products reflects higher demand in international markets for ruminant, poultry and swine products, as well as higher demand globally for Animal Intelligence products. (company press release) Nestle reported results for the first quarter of 2021. Petcare sales were CHF 3,620 million ($3,970 million), an increase of 3% over the prior-year quarter. (company website) Orion reported results for the first quarter of 2021. Animal health sales dropped by 17% to EUR 19 million ($23 million), due in part to the termination of its Scandinavian distribution agreement with Zoetis. (IHS Markit Connect) Novozymes announced financial results for the first quarter of 2021.
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April 30, 2021
Animal Health News & Notes for April 23, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for April 23, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Vetoquinol Other News American Veterinary Group Anatara Lifesciences Animalcare HerdDogg Hester Biosciences ImpriMed Kemin Industries Latticework Capital Management Moichor myVETstore.ca Neotribe Ventures Oak Hill Capital RAMM Pharma Rejuvenate Bio Smart.Vet TriviumVet Tyson Fresh Meats Virbac ************************************ COMPANY EARNINGS RELEASES Vetoquinol reported financial results for the first quarter of 2021. The company’s revenues reached EUR 128 million ($153 million), an increase of 24% over the prior-year quarter (+ 28% at constant exchange rates). The company’s performance was helped by new contributions from Drontal and Profender, which were acquired last year from Elanco. (IHS Markit Connect) ************************************ COMPANY NEWS RELEASES Hester Biosciences announced it has acquired technology from the Indian Veterinary Research Institute (IVRI) in collaboration with Agrinnovate India that will allow it to manufacture and commercialize vaccines for classical swine fever (CSF) and sheep pox. The vaccines are the first developed in India using locally isolated strains. Financial terms of the deal were not revealed. (IHS Markit Connect) TriviumVet announced a collaboration with the Dog Aging Project to explore the potential of the drug Rapamycin to improve health span. The TRIAD Trial is a double-blind, placebo-controlled clinical trial investigating the use of TriviumVet’s novel
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April 29, 2021
Animal Health News & Notes for April 16, 2021
Brakke Consulting’s Animal Health News & Notes for April 16, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Transaction assistance Earnings News Virbac Other News Apiam Animal Health Boehringer Ingelheim (ProZinc) Boehringer Ingelheim (Ubroseal Blue) Cresilon Dechra dvm360 ImmuCell Intervacc J.M. Smucker Nuritas Pathway Vet Alliance Sumitomo Chemical Vetio Vetoquinol VetPartners Vetspire VetUK Zoetis ************************************ COMPANY EARNINGS RELEASES Virbac reported results for the first quarter of 2021. Revenue was EUR 266.5 million ($319 million), an increase of 17.5% excluding Sentinel (+7.6% in real terms) compared to the same period in 2020. At constant exchange rates and scope, growth was +22.6%. In the US, first-quarter activity excluding Sentinel increased 68% (+85% at constant exchange rates). (company website) ************************************ BRAKKE CONSULTING TRANSACTIONS CAN BE CHALLENGING – WE CAN HELP In the past few days I’ve been grappling with the mechanics of selling a house, an activity that has been turned upside down since the last time I experienced it. Bidding wars, offers over list, escalation clauses; all of these are new wrinkles that bring uncertainty to a transaction that I thought I understood. This experience is giving me a quick lesson in empathy for those of you who are tackling the sale or funding of an animal health company, veterinary practice, or any
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April 16, 2021
Animal Health News & Notes for April 9, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for April 9, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Other News Airvet American Veterinary Group Argenta Dane Creek Capital Elanco Futerra IndeVets Kemin Manna Pro Products Mars Petcare MWI Animal Health Nestle Oak Hill Capital Piedmont Animal Health PrecisionLife Proteus Industries RxV Enterprises SimplyDONEsocial Stonehaven Incubate Swedencare Synomics Trive Capital United Raw Pet Foods The Wilde Side Pet Boutique ZuPreem ************************************ COMPANY NEWS RELEASES Manna Pro Products announced it has agreed to acquire ZuPreem, expanding Manna Pro’s growing pet care portfolio into the premium companion bird market. Financial terms were not disclosed. (oaoa.com) Swedencare announced it has acquired pet nutraceutical specialist RxV Enterprises for $23 million. The fee features a cash amount of $18.4m and a share issue worth $4.6m. Rx Vitamins had sales of $8.5m in 2020 and EBIT of $2.6m. (IHS Markit Connect) Wake Forest University’s Institute of Regenerative Medicine and Piedmont Animal Health announced that they are collaborating to develop a novel therapeutic agent for chronic kidney disease in cats. The therapy involves the use of an intra-renal injection of a recombinant human chemokine, CXCL-12. (company press release) Kemin Industries announced it has acquired Proteus Industries, Inc., a company that has created, developed, and patented novel clean label protein ingredients and
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April 9, 2021
Animal Health News & Notes for April 2, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for April 2, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News AnimalHealthJobs.com Earnings News Animalcare Better Choice Biogénesis Bagó Cal-Maine Foods Chewy Kane Biotech zooplus AG Other News Akorn Animal Health Align Capital Partners Benchmark Compassion-First Pet Hospitals Covetrus Custom Veterinary Services Dechra DS Pharma DVMPro Elanco Equine Amnio Solutions Evonik In Ovo Instinct Science, Kemin Industries Lintbells MEVAC Midwestern Pet Foods MTMC Animal Health NVA Specialty and ER Patterson Veterinary Supply PBD Biotech Royal Canin SquarePet Sure Petcare TheraVet Walkin’ Pets ************************************ Animal Health Jobs Opportunity, meet talent. Hello Talent. If you are a company in the animal health and nutrition industry, you need talent to make your company grow. At Animal Health Jobs, we can help you find experienced and motivated candidates – that’s all we do. Animalhealthjobs.com is the only job board that vets every candidate for animal health experience. And every candidate wants to work in your industry. Hello Opportunity. If you are looking for a job in the animal health industry, you need to look where only animal health and nutrition companies post jobs. That’s all we do – post jobs for companies in the industry that you want to work in. By the way, we’ve gotten better.
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Animal Health News & Notes for March 26, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for March 26, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Boehringer Ingelheim NeogePetco Other News Airvet Alltech Bimeda Dalan Animal Health Dechra ezyVet FERA Diagnostics and Biologicals Merck Openpay Sure Petcare Vetoquinol ************************************ KC Animal Health Corridor ANIMAL HEALTH SUMMIT DEADLINE FOR PRESENTER APPLICATIONS IS APRIL 5 The KC Animal Health Corridor is now accepting applications from early-stage companies to present at the 13th annual Animal Health Summit, held virtually August 24-26, 2021. The 13th 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 5. To apply to present as an emerging company, visit the Animal Health Summit application page . For more information, contact Kimberly Young at young@thinkkc.com. ************************************ COMPANY EARNINGS RELEASES Boehringer Ingelheim reported results for the full year 2020. The Animal Health business recorded net sales of EUR 4.12 billion ($4.88 billion), an increase of 2%
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March 25, 2021
Animal Health News & Notes for March 19, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for March 19, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Pain Management Products report – now available Earnings News Kindred Biosciences Other News Barkibu Companion ElleVet Sciences FSD Pharma Innovet Italia Munich Re MYOS CORP Patterson Veterinary Vaxxinova Zomedica ************************************ 2021 PAIN MANAGEMENT PRODUCTS FOR DOGS AND CATS NOW AVAILABLE Pain management is one of the leading topics in veterinary medicine today. Brakke Consulting’s annual report on Pain Management Products for Dogs and Cats includes such valuable information as: – overview of acute and chronic pain in small animals – discussion of the impact of the human opioid crisis on veterinary use of opioids – review of new products, including performance of deracoxib generics – estimates of US sales and prices of leading products – pain management products in development, including monoclonal antibody products LIBRELA and SOLENSIA – review of nutritional supplements used for chronic pain – review of therapeutic diets for joint care – discussion of the use of cannabinoids in veterinary pain management – 2021 survey of 340 small animal veterinarians regarding use of pain management products Pain Management Products for Dogs and Cats 2021 is now available and can be purchased for $5,950. Questions about the study can be answered by project
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March 19, 2021
Animal Health News & Notes for March 12, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for March 12, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS” Earnings News J.M. Smucker Ouro Fino Saúde Animal Other News Aridis Pharmaceuticals Biota Blue Heron Consulting Dechra Farmers Business Network FoodScience Corporation I-MED Pharma Inspire Veterinary Partners IVC Evidensia Kermode Biotechnologies Medovate Merck Animal Health Ventures Mountain Valley MD Holdings Novozymes PawSquad Pilgrim’s Pride Prairie Livestock Supply SomaDetect Vygon Vet Vytelle Wind Point Partners ************************************ COMPANY EARNINGS RELEASES Ouro Fino Saúde Animal reported results for the full year 2020. Sales climbed 18% to R$730.1 million ($128.7 million). The firm saw double-digit growth in both its production animal and companion animal divisions. Adjusted EBITDA in 2020 was R$128.5 million ($22.7 million), an increase of 33% from 2019. (IHS Markit Connect) TheM. Smucker Co. announced results for the third quarter ended January 31, 2021, of its 2021 fiscal year. Retail pet food sales were $769 million, an increase of 6% compared to the prior-year quarter. Segment profit was $135.1 million, a decline of 7% primarily reflecting an $8.1 million legal settlement related to a supplier issue received in the prior year. (company website) ************************************ COMPANY NEWS RELEASES Dechra Veterinary Products announced that it has signed an exclusive marketing, sales, and distribution agreement with I-MED Pharma, the Canadian
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March 11, 2021
Animal Health News & Notes for March 5, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for March 5, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Pain Management Products report – last week for early-order discount Earnings News Avivagen Bioveta Covetrus Cryoport Fressnapf Group Patterson PetIQ Zomedica Other News ADM Animal Nutrition Atomation Biomin Butterfly Network Cambrian Pet Foods CERES Natural Remedies Chanelle Pharmaceuticals Manufacturing Creso Pharma Elanco (Seresto) Elanco (Virbac) Elanco (Experior) Elanco (Nuplura) FERA Diagnostics and Biologicals Fi Grizzly Pet Products Heska Hippo Manager Huvepharma Longview Acquisition Corp Merck NAVC Petriage Pharmgate PoultrySense Revelstoke Capital Partners Sirona Biochem Summit SmartFarms Trouw Nutrition United Petfood Veramaris Vet’s Best Friend Virbac Whitebridge Pet Brands Zoetis ************************************ BRAKKE CONSULTING 2021 PAIN MANAGEMENT PRODUCTS FOR DOGS AND CATS LAST WEEK FOR EARLY-ORDER DISCOUNT Pain management is one of the leading topics in veterinary medicine today. Brakke Consulting’s annual report on Pain Management Products for Dogs and Cats includes such valuable information as: – overview of acute and chronic pain in small animals – discussion of the impact of the human opioid crisis on veterinary use of opioids – review of new products, including performance of deracoxib generics – estimates of US sales and prices of leading products – pain management products in development, including monoclonal antibody products LIBRELA and SOLENSIA – review
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March 8, 2021
Animal Health News & Notes for February 26, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for February 26, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Pain Management Products report Earnings News Apiam Animal Health BarkBox Dechra Elanco Freshpet Heska ImmuCell Swedencare Other News Algenex SL American Veterinary Group Animalcare Avivagen Bimeda Ceva Destination Pet DogVills.com Elanco (Increxxa) Elanco (Credelio CAT) Elanco (Credelio Plus) Enso Discoveries EveryCat Health Foundation Exceptional Pets Hill’s iBio INRAE Invatech Health Meyenberg International Group Mid America Pet Food MWI Animal Health NanoSmart Pharmaceuticals Natural Biologics Nor-Feed Oak Hill Capital Oncology Pharma Pawzitivity Pet Products PetDesk TA Associates Vetsina Animal Diagnostics Vet2Pet Virbac Winn Feline Foundation Zoetis ************************************ BRAKKE CONSULTING 2021 PAIN MANAGEMENT PRODUCTS FOR DOGS AND CATS COMING IN MARCH – PRE-ORDER NOW Pain management is one of the leading topics in veterinary medicine today. Brakke Consulting’s annual report on Pain Management Products for Dogs and Cats includes such valuable information as: – overview of acute and chronic pain in small animals – discussion of the impact of the human opioid crisis on veterinary use of opioids – review of new products, including performance of deracoxib generics – estimates of US sales and prices of leading products – pain management products in development, including monoclonal antibody products LIBRELA and SOLENSIA – review of nutritional supplements
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February 25, 2021
Animal Health News & Notes for February 19, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for February 19, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Pain Management Products report 2021 Industry Overview – still time to register! Earnings News Nestle Zoetis Other News Alltech Boehringer Ingelheim Carus Animal Health Chr Hansen Cyton DaySmart Software DLG Group FVO – Brasília Indústria e Comércio de Alimentos H.I.G. Capital Hill’s IK Investment Partners Imbed Biosciences Innovad Group Jorgensen Laboratories knoell Petco SpheriTech Triveritas Vetter Software Zoetis ************************************ BRAKKE CONSULTING 2021 PAIN MANAGEMENT PRODUCTS FOR DOGS AND CATS COMING IN MARCH – PRE-ORDER NOW Pain management is one of the leading topics in veterinary medicine today. Brakke Consulting’s annual report on Pain Management Products for Dogs and Cats includes such valuable information as: – overview of acute and chronic pain in small animals – discussion of the impact of the human opioid crisis on veterinary use of opioids – review of new products, including performance of deracoxib generics – estimates of US sales and prices of leading products – pain management products in development, including monoclonal antibody products LIBRELA and SOLENSIA – review of nutritional supplements used for chronic pain – review of therapeutic diets for joint care – discussion of the use of cannabinoids in veterinary pain management – 2021 survey of
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February 21, 2021
Animal Health News & Notes for February 12, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for February 12, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2021 Industry Overview – register now Earnings News MWI Orion Animal Health Spectrum Brands Holdings Trupanion Other News Akston Biosciences Arthrex Vet Systems Canopy Animal Health Dalan Animal Health Dechra (Akston) Dechra (Tri-Solfen) Elanco FUJIFILM GNT Pharma IntelGenx IVC Evidensia Kemin Industries Medical Ethics Nestlé PetWellClinic Phibro Animal Health Silver Lake Tractor Supply Vetoquinol VetSuccess Zomedica ************************************ BRAKKE CONSULTING ANNOUNCING THE 2021 BRAKKE INDUSTRY OVERVIEW PRESENTED VIRTUALLY ON FEBRUARY 23, 2021 REGISTER TODAY! New research on how veterinarians have been affected by the COVID-19 pandemic and their plans for the post-pandemic world will be an important feature of the annual Brakke Consulting Industry Overview, to be presented in a 90-minute webinar on Tuesday, Feb. 23 beginning at 11 am EST. The new research examines the role of such things as curbside appointments and telemedicine, and how veterinarians plan to deploy them post-pandemic. We also look at the impact of COVID-19 on the veterinary staff during this trying year, as well as make our predictions on what’s ahead for the industry in 2021. There will also be an opportunity for questions from the audience. In addition to the new research findings, the Overview
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February 11, 2021
Animal Health News & Notes for February 5, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for February 5, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2021 Industry Overview – register now Earnings News Alivira Animal Health Central Garden & Pet ECO Animal Health Group Hester Biosciences Hill’s IDEXX Krka Merck Nuzoa Phibro Other News Ceva EW Nutrition GoLexi JBS USA MyTelemedicine Nationwide Novus International Pilgrim’s Pride Thyreos Walmart Zoetis ************************************ BRAKKE CONSULTING ANNOUNCING THE 2021 BRAKKE INDUSTRY OVERVIEW PRESENTED VIRTUALLY ON FEBRUARY 23, 2021 REGISTER TODAY! New research on how veterinarians have been affected by the COVID-19 pandemic and their plans for the post-pandemic world will be an important feature of the annual Brakke Consulting Industry Overview, to be presented in a 90-minute webinar on Tuesday, Feb. 23 beginning at 11 am EST. The new research examines the role of such things as curbside appointments and telemedicine, and how veterinarians plan to deploy them post-pandemic. We also look at the impact of COVID-19 on the veterinary staff during this trying year, as well as make our predictions on what’s ahead for the industry in 2021. There will also be an opportunity for questions from the audience. In addition to the new research findings, the Overview will cover: Top animal health company revenues, growth, and new product performance
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February 4, 2021
Animal Health News & Notes for January 29, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for January 29, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2021 Industry Overview – register now Earnings News Vetoquinol Other News Alivira Branford Castle Canopy Growth Elanco Franchise Group Landini Giunini Mars Petcare Miller Veterinary Supply NeoPulse Partner in Pet Food Pet Naturals Pet Supplies Plus Proteon Pharmaceuticals Pulse Veterinary Technologies Sentinel Capital Partners Skretting Switalis TheraVet VetriScience VetStem Biopharma VolitionRx Zoetis Zomedica ************************************ SOUTHWEST VETERINARY SYMPOSIUM SWVS 2021 will be LIVE and IN-PERSON! San Antonio, Texas – Henry B. Gonzalez Convention Center September 23-26, 2021 Early Bird Registration — Now Until July 15th FURther Together – Registration is NOW OPEN! Southwest Veterinary Symposium — a partnership of the Arkansas, Louisiana, New Mexico, Oklahoma and Texas Veterinary Medicine Associations which provides continuing education for veterinary professionals. Join us live in-person this September in San Antonio, 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 ************************************ COMPANY EARNINGS RELEASES Vetoquinol reported results for the full year 2020. Sales were EUR 427.5 million ($525 million), up 8% as reported and up 11% at constant exchange rates. (Business Wire) ************************************
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January 28, 2021
Animal Health News & Notes for January 22, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for January 22, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2021 Industry Overview – register now Earnings News Animalcare PetMed Express Virbac Other News Afimilk Agrivida Alltech Armor Animal Health Better Choice Company Boehringer Ingelheim Elanco Exubrion Therapeutics GENEX Google Immuno-Dynamics Land O’Lakes Lanxess LIC Merck Nedap Neogen Novus Orion Animal Health Petco Phibro Royal Agrifirm Group TechMix Theseo TriviumVet Troy Animal Healthcare Vetoquinol Zomedica ************************************ BRAKKE CONSULTING ANNOUNCING THE 2021 BRAKKE INDUSTRY OVERVIEW PRESENTED VIRTUALLY ON FEBRUARY 23, 2021 New research on how veterinarians have been affected by the COVID-19 pandemic and their plans for the post-pandemic world will be an important feature of the annual Brakke Consulting Industry Overview, to be presented in a 90-minute webinar on Tuesday, Feb. 23 beginning at 11 am EST. The new research examines the role of such things as curbside appointments and telemedicine, and how veterinarians plan to deploy them post-pandemic. We also look at the impact of COVID-19 on the veterinary staff during this trying year, as well as make our predictions on what’s ahead for the industry in 2021. There will also be an opportunity for questions from the audience. In addition to the new research findings, the Overview will cover: Top
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January 22, 2021
Animal Health News & Notes for January 15, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for January 15, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Cal-Maine Foods Other News Agric-Bioformatics Anivive Lifesciences Antech Diagnostics Applied DNA Sciences Ben & Jerry’s Boehringer Ingelheim (management change) Boehringer Ingelheim (PetMedix) Boehringer Ingelheim (Nexgard Combo) Ceres Tag Dane Creek Capital Dechra Dermoscent DW Healthcare Partners ECO Animal Health Elanco EvviVax Farmina Pet Foods Globalstar Growlies Pet Foods Hello Ralphie Heska Kindred Biosciences Laboratoire De Dermo-Cosmetique Animale Lacuna Diagnostics Parnell Pharmaceuticals Patterson Pegasus Laboratories Petco PetMedix Primal Health Resero Genomics Sterilize with Light SymbioCellTech Talkatoo United Raw Pet Foods Veterinary Hospitals Association Vetoquinol Virbac ************************************ REMINDER: If you haven’t already taken our newsletter subscriber survey, please be sure to do so – we value your input! Check your email for the survey invitation sent on Wednesday, January 13. ************************************ COMPANY EARNINGS RELEASES Cal-Maine Foods reported results for its second quarter of fiscal 2021 ended November 28, 2020. Net sales were $347 million, an 11.5% increase compared to the second quarter of fiscal 2020. Net income was $12.2 million, compared to a net loss of $(10.1) million for the second quarter of fiscal 2020. (Feedstuffs) ************************************ KC ANIMAL HEALTH CORRIDOR ANIMAL HEALTH SUMMIT NOW ACCEPTING PRESENTER APPLICATIONS The KC Animal Health Corridor is now
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January 15, 2021
Animal Health News & Notes for January 8, 2021
*********************************** Brakke Consulting’s Animal Health News & Notes for January 8, 2021 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Neogen Other News Adler Laboratories ADP Alergovet Artuvet BarkBox Bimeda Boehringer Ingelheim BrightPet Nutrition Group Bullymake Creso Pharma Limited Dr. Baddaky DRN Holden2 ICF Manna Pro Products Megazyme Midwestern Pet Foods MiracleCorp Neogen (Reveal) Neogen (Megazyme) Nextmune Northern Star Acquisition Pet Supplies Plus Pet Valu PetVivo Phibro Animal Health PromoVet Saiba Animal Health Spectrum Vet Swedencare University Products VetPartners VetriScience Labs Vetruus Virbac Zomedica ************************************ COMPANY EARNINGS RELEASES Neogen Corporation announced results for the second quarter of its 2021 fiscal year, which ended Nov. 30, 2020. Revenues were $115 million, a 7% increase compared to the previous year. Second quarter net income was $15.9 million compared to the prior year’s $16.3 million. The Animal Safety segment reported revenues of $57.5 million, an increase of 13% compared to the prior-year quarter. (company website) ************************************ COMPANY NEWS RELEASES Boehringer Ingelheim Animal Health announced an agreement with is working with Swiss firm Saiba Animal Health to develop vaccines to treat chronic inflammatory diseases, cancer and allergies in companion animals from a platform based on non-infectious virus-like particles (VLPs). Saiba claims it can easily adapt its VLP vaccine platform to target any disease-associated molecule, specifically monoclonal antibody
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January 7, 2021
Animal Health News & Notes for December 31, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for December 31, 2020 Copyright © Brakke Consulting. Editor: Lynn Fondon DVM MBA ************************************ ANIMAL HEALTH NEWS & NOTES CELEBRATES 19 YEARS OF INDUSTRY NEWS Some of you, like me, are probably trying to avoid reading year-end summaries about this peculiar year. We certainly need more time to fully understand some of the big changes that 2020 will usher into our lives and business. But, thanks to our editor, Dr. Lynn Fondon, in our last News & Notes of the year, you can read a bullet-point summary of what happened in the animal health industry in terms of company and product news. You will see all the news we shared with you about companies – acquisition, mergers and start-ups – and products – launches, approvals and licensing deals – over the course of 2020. You will be reminded that despite a truly odd year, our industry is vibrant and evolving. Or you might be reminded of a competitor’s strategic move that might help you in 2021. On behalf of all the consultants at Brakke Consulting, thanks for your support, thanks for reading our News & Notes and thanks for making this a fun and eventful year. We wish all of you a Happy New Year and a very successful 2021. Bob Jones
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January 5, 2021
Animal Health News & Notes for December 18, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for December 18, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Avivagen Other News APC Microbiome Ireland California Pet Pharmacy Companion Animal Health DJO Elanco (KindredBio) Elanco (Tarsus) Farmina Pet Food ImmuCell Impossible Foods Kindred Biosciences Linnaeus LiteCure Mars Nestle Purina PetCare Pets at Home Resilient Biotics Revivicor Tarsus Pharmaceuticals Vaxxinova US Wagmo White Dog Labs Zoetis (Vaxxinova) Zoetis (Solensia) Zomedica ************************************ COMPANY EARNINGS RELEASES Avivagen reported its financial results for the fiscal year ended October 31, 2020. The Company reported revenues of C$1,177,857 ($977,451 in the prior fiscal year) and a comprehensive loss of C$(4,751,287) compared to a comprehensive loss of $(4,836,420) in the prior-year period. (company press release) ************************************ COMPANY NEWS RELEASES Elanco Animal Health announced an agreement with Kindred Biosciences to acquire exclusive global rights to KIND-030, a first-of-its-kind monoclonal antibody being developed for the treatment and prevention of canine parvovirus (CPV). The global license includes an upfront payment of $500,000 and additional milestone payments; sales performance will result in royalties and additional milestone payments for achieving revenue targets. Additionally, as part of the agreement, KindredBio also has a right of last refusal to manufacture certain other Elanco monoclonal antibodies. (company press release) Elanco announced it has expanded its agreement Tarsus
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December 17, 2020
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