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Animal Health News & Notes for July 17, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for July 17, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Other News Antech Diagnostics Bayer Biomin Elanco (Bayer) Elanco (Neogen) Dechra Gravity Payments GrowSafe Systems HoverHeat Invetx Kemin Industries LexaGene Neogen (Elanco) Neogen (Soleris) PetIQ Twist Bioscience Vet2Pet VetCell Therapeutics Vytelle Wheatsheaf Group Zoetis ************************************ COMPANY NEWS RELEASES Elanco Animal Health Incorporated announced that the company has received unanimous approval from the U.S. Federal Trade Commission (FTC) for its acquisition of Bayer Animal Health. The FTC’s approval is conditional on the following proposed divestitures: Worldwide rights for Elanco’s Osurnia, a treatment for otitis externa in dogs, being sold to Dechra Pharmaceuticals PLC; US rights for Elanco’s Capstar, an oral tablet that kills fleas in dogs and cats, being sold to PetIQ, Inc.; US rights for Elanco’s StandGuard, a pour-on treatment for horn fly and lice control in beef cattle, being sold to Neogen Corporation. The FTC decision represents the final antitrust clearance needed to complete the transaction, which continues on track for closing at the beginning of August. Elanco also received consent from Canada’s Competition Bureau, pending the divestiture of Osurnia and Bayer’s Profender, as well as Elanco’s commitment to forego acquiring the Canadian distribution rights to Bayer’s Tempo, Credo, QuickBayt and Annihilator Polyzone poultry
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July 16, 2020
Animal Health News & Notes for July 10, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for July 10, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Other News Avon Rubber BASF Bayer Beaphar Biogénesis Bagó Boehringer Ingelheim Cloudfarms De Heus Animal Nutrition DeLaval Doggy Elanco (Bayer) Elanco (Galliprant) Golpasz J.M. Smucker Merck (Bravecto) Merck (Zymeworks) Mary’s Tails Merck Metamorphosis Partners milkrite | InterPuls MWI Animal Health Partner in Pet Food Pawprint Pet Health App PetSmart Premier Pet Care Primeval Purina Scratchpay SnoutID Tractive Trianni Zoetis (Trianni) Zoetis (Stablelab) Zomedica Zymeworks ************************************ 2020 DIGITAL ANIMAL HEALTH SUMMIT AUGUST 31 – SEPTEMBER 2, 2020 Location: Online The Corridor’s August event goes on(line)! Registration is now open. Register today! The digital Animal Health Summit features 36 hours of 1:1 business partnering, keynote speaker David Hughes, 7+ on demand webinars, emerging company presentations, LIVE stream programming with industry leaders, LIVE networking and additional programming that supports the Spirit of Service – programming with impact. Learn more ************************************ COMPANY NEWS RELEASES Zoetis and Trianni, announced a collaboration for the development of transgenic monoclonal antibody platforms for the discovery of new veterinary treatments. (PRNewswire) Merck Animal Health announced the FDA’s approval of Bravecto 1-Month (fluralaner) Chews for dogs and puppies 8 weeks of age and older. The product is administered as a single, monthly flavored chew formulation
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July 9, 2020
Animal Health News and Notes for July 3, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for July 3, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News COVID-19: Impact on Pet Care report – WAVE 2 NOW AVAILABLE Earnings News General Mills Hester Biosciences Premier Veterinary Group Other News Benchmark Ceva ezyVet Fish Vet Group Merck (expansion) Merck (Sentinel) Merck (Fertagyl) Orion Animal Health Pawlytics Pharmaq Thermo Fisher Scientific ThunderWorks VetSuccess Virbac Zoetis (Fish Vet Group) Zoetis (Orion) Zomedica ************************************ BRAKKE CONSULTING COVID-19: IMPACT ON PET CARE – WAVE 2 RESULTS NOW AVAILABLE HOW HAVE PET OWNERS CHANGED THEIR PURCHASING? The pandemic that struck the US and the rest of the world in early 2020 is an event that has altered personal lives and business operations unlike any other event. What lasting impacts will the pandemic have on pet owners regarding the way they purchase pet medications and veterinary services? “COVID-19: Impact on Pet Care” is a new study by Brakke Consulting that will help answer this question. The study is based on online surveys of a nationally representative sample of 1,000 pet owners, conducted every few weeks beginning in May. The study not only documents the financial impact of the COVID-19 pandemic on pet owners, it also shows the change in how pet owners were able to receive
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July 2, 2020
Animal Health News & Notes for June 26, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for June 26, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news COVID-19: Impact on Pet Care report – WAVE 2 NOW AVAILABLE Earnings News Better Choice Company Patterson Other News Akorn Animal Cloud Device Connectivity AniV8 Avivagen Benchmark Boehringer Ingelheim CareCredit Connecterra Dechra De Heus Animal Nutrition Destina Genomics Elanco ElleVet Sciences Huvepharma Improve International Look Chemicals PetDesk Piensos Muga Roslin Technologies Stratford Pharmaceuticals Swedencare AB Vetsina Animal Diagnostics ************************************ BRAKKE CONSULTING COVID-19: IMPACT ON PET CARE – WAVE 2 RESULTS NOW AVAILABLE HOW HAVE PET OWNERS CHANGED THEIR PURCHASING? The pandemic that struck the US and the rest of the world in early 2020 is an event that has altered personal lives and business operations unlike any other event. What lasting impacts will the pandemic have on pet owners regarding the way they purchase pet medications and veterinary services? “COVID-19: Impact on Pet Care” is a new study by Brakke Consulting that will help answer this question. The study is based on online surveys of a nationally representative sample of 1,000 pet owners, conducted every few weeks beginning in May. The study not only documents the financial impact of the COVID-19 pandemic on pet owners, it also shows the change in how
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June 25, 2020
Animal Health News & Notes for June 19, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for June 19, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Other News Biomin CONMED DSMer Erber Group Fujita Pharmaceuticals ImmuCell Intervacc Kyoto Biken Merck Quantified Ag Romer Labs Sasaeah Pharmaceutical VetOvation Zomedica ************************************ 2020 DIGITAL ANIMAL HEALTH SUMMIT AUGUST 31 – SEPTEMBER 2, 2020 Location: Online The Corridor’s August event goes on(line)! Registration is now open. Register today! The digital Animal Health Summit features 36 hours of 1:1 business partnering, keynote speaker David Hughes, 7+ on demand webinars, emerging company presentations, LIVE stream programming with industry leaders, LIVE networking and additional programming that supports the Spirit of Service – programming with impact. Learn more ************************************ COMPANY NEWS RELEASES Merck Animal Health announced the completion of its acquisition of Quantified Ag, a data and analytics company that monitors cattle body temperature and movement in order to detect illness early. In April 2018, Merck Animal Health invested in Quantified Ag and partially funded their development work in data analytics in livestock. Financial terms were not disclosed. (company press release) ImmuCell Corporation announced receipt of a $500,000 subordinated loan from the Maine Technology Institute (MTI). The loan supports the Company’s investments to increase the production capacity of First Defense, to complete the development of Re-Tain and to bring
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June 18, 2020
Animal Health News & Notes for June 12, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for June 12, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA *********************************** IN THE NEWS: Earnings News Chewy DS Pharma Animal Health Other News Afimilk Alphia American Nutrition Bayer (Elanco) Bayer (Bioiberica) Better Choice Company Bioiberica The Bridge Club Cargill C.J. Foods Dechra Elanco (Bayer) Elanco (Experior) Elanco (ractopamine) Ellie Diagnostics Halo, Purely for Pets Huvepharma Impossible Foods JBS USA J. M. Smucker Kindred Biosciences LeVet LIC Livestock Improvement Merck Miller Veterinary Supply National Beef Osprey Biotechnics Phibro Animal Health Royal Canin Smart.Vet TeleVet Trouw Nutrition Trupanion Tyson Vaxxinova US The Veterinary Cooperative Vetsource VetSuccess Vetter Software VitusVet whiskerDocs Zoetis (Pumpkin) Zoetis (TBC Pets) ************************************ SOUTHWEST VETERINARY SYMPOSIUM Fort Worth, Texas at the Fort Worth Convention Center September 24-27th, 2020 Early Bird Registration — Now Until July 16th LEARN MORE. BE MORE. – SWVS is still ON for Fort Worth! We will also offer our onsite lectures online as a virtual option. 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 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
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June 11, 2020
Animal Health News & Notes for June 5, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for June 5, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news Market research reports Earnings News Benchmark J.M. Smucker Other News Bayer Bimeda Chengdu Kehongda Technology Creso Pharma Cytozyme Laboratories Dechra Pharmaceuticals Felix Pharmaceuticals Hill’s nextProtein TeleVet Texas Vet Lab VetBio XpertSea Solutions ************************************ BRAKKE CONSULTING, INC. MARKET RESEARCH REPORTS Brakke Consulting is an industry leader in timely market research on topics of high interest to stakeholders in the animal health, pet and veterinary markets. Reports published in the past two years include: COVID-19: Impact on Pet Care (May 2020) Pet Health Products: Changing Channels (January 2020) US Flea Control and Heartworm Markets (December 2019) Pain Management Products for Dogs and Cats (May 2019) Field Sales and Veterinary Teams (January 2019) Manufacturer Sales Force Effectiveness Study (December 2018) The Companion Animal Veterinary Telehealth Landscape (October 2018) Veterinary Practice Home Delivery (May 2018) Prices for reports vary. For more information about these or other reports, visit our website by clicking here, or contact us at info@BrakkeConsulting.com. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES The M. Smucker Company announced results for the fourth quarter of its 2020 fiscal year ending April 30, 2020. US Retail Pet Food segment revenues were $768 million, an increase of 6% over
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June 4, 2020
Animal Health News & Notes for May 29, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for May 29, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Alivira Animalcare Kane Biotech Krka Pets at Home Other News Anivive Lifesciences Ascus Biosciences Bayer Boehringer Ingelheim Cargill Eagle Genomics Eden Research Hill’s Pet Nutrition Petmedix Royal Canin Vetoquinol Victor Medical ViroVet VitusVet Zomedica ************************************ REGULATORY WORKSHOP Animal Health Regulatory 101: An Introductory Course on the Regulatory Aspects of Animal Drug and Vaccine Development PRESENTED BY KANSAS STATE UNIVERSITY OLATHE August 26 & 27, 2020 (on-site and remote attendance options available) Kansas State University Olathe is hosting a two-day workshop on August 26 & 27, 2020 that will provide attendees with the regulatory acumen necessary to make smarter business decisions in management and leadership in the animal health industry. This program provides an overview of essential regulatory guidelines, terminology, concepts and applications in the day to day animal health business. Registration for this information-packed two-day workshop is $1,500 per person. For more information or to register, click here. ************************************ COMPANY EARNINGS RELEASES SeQuent Scientific Limited announced its financial results for the fiscal year ended March 31, 2020. Animal Health (Alivira) revenues were $166.4 million, an increase of 13.5% over the prior year. EBITDA was $24.8 million, an increase of 32.5%. (company announcement) Krka
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May 28, 2020
Animal Health News & Notes for May 22, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for May 22, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news AnimalHealthJobs.com Other News Anivive Lifesciences AquaTactics Banfield Pet Hospital Boehringer Ingelheim Canbiocin Clinvet Dechra Elanco Kindred Biosciences NAVC Neogen Okava Pharmaceuticals Petzey Technology PromoVet Pure Cultures Radio Systems Corporation State Farm Telemark Veterinary Consulting Trupanion Wedgewood Pharmacy Vaxart VetStem Biopharma ************************************ The best place on the web to find qualified job applicants! AnimalHealthJobs.com is an exceptionally capable partner for your recruiting efforts in the animal health and pet markets. AnimalHealthJobs.com has grown to include over 30,000 pre-qualified job seekers, and consistently maintains a high degree of talent: two-thirds of our registered users have a Bachelor’s degree, and 20% have some kind of advanced degree; one-quarter have over 10 years of industry experience. When you are seeking the best, come to AnimalHealthJobs.com – first. www.AnimalHealthJobs.com ************************************ COMPANY NEWS RELEASES Boehringer Ingelheim Animal Health announced that it has extended the free-of-charge availability of its PetPro Tele+ telemedicine platform to US veterinarians during the COVID-19 pandemic. The platform enables online virtual veterinary visits through mobile-to-mobile appointments. PetPro Tele+ is a standalone telemedicine version of the company’s PetPro Connect. (Animal Pharm) The Schall Law Firm announced the filing of a class action lawsuit against Elanco Animal
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May 21, 2020
Animal Health News & Notes for May 15, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for May 15, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News COVID-19: Impact on Pet Care report – NOW AVAILABLE Earnings News Covetrus ImmuCell Kindred Biosciences Ouro Fino Saúde Animal Zomedica Pharmaceuticals Other News Alivira Animal Health Astaria Global CA Harbor Investments Carlyle Group CID Lines Ecolab Elanco Kindred Biosciences Leiters Enterprises LifeLearn Animal Health Merck (Sentinel) Merck (VetsDeliver) PetIQ (Capstar) PetIQ (whiskerDocs) Petriage Scopio Labs Sequent Scientific SYNLAB UK Tejas Discovery and Research Veterinary Pathology Group VetriScience Laboratories Virbac Wedgewood Pharmacy whiskerDocs Wildlife Pharmaceuticals Zoetis ZooPharm ************************************ COVID-19: IMPACT ON PET CARE A 2020 STUDY IN 3 WAVES WAVE 1 RESULTS NOW AVAILABLE The pandemic that struck the US and the rest of the world in early 2020 is an event that has altered personal lives and business operations unlike any other event. What lasting impacts will the pandemic have on pet owners regarding the way they purchase pet medications and veterinary services? “COVID-19: Impact on Pet Care” is a new study by Brakke Consulting that will help answer this question. The study is based on online surveys of a nationally representative sample of 1,000 pet owners, conducted every few weeks beginning in May. The study not only documents the financial impact
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May 15, 2020
Animal Health News & Notes for May 8, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for May 8, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News COVID-19: Impact on Pet Care reports Earnings News Central Garden & Pet Elanco Freshpet Heska Hill’s Phibro PetMed Express PetIQ Spectrum Brands Holdings Trupanion Zenoaq Zoetis Other News Aliments Mackenzie Animal Health International Aurora Pharmaceutical Bimeda EpiVax ezyVet IDEXX Jonker Petfood Karnivor Merck Neogen Pacific GeneTech Patterson United Petfood Vet2Pet Vetsource Virbac Zoetis ************************************ BRAKKE CONSULTING COVID-19: IMPACT ON PET CARE A 2020 STUDY IN 3 WAVES The pandemic that struck the US and the rest of the world in early 2020 is an event that has altered personal lives and business operations unlike any other event. To help you make prudent decisions during this disruptive period, Brakke Consulting is launching a new 3-wave tracking study, COVID 19: Impact on Pet Care. The study is based on an online pulse survey of a nationally representative sample of 1,000 pet owners conducted every few weeks starting in May 2020. The study will deliver 3 reports, roughly 4 – 6 weeks apart, beginning in late May. The cost of the study is $17,500. For more information, contact John Volk at john@volkonline.com . www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASE Zoetis reported its financial results for the
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May 7, 2020
Animal Health News & Notes for May 1, 2020
Brakke Consulting’s Animal Health News & Notes for May 1, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News COVID-19: Impact on Pet Care report – order by May 4 for discount Earnings News Bayer IDEXX Merck Nestle Orion Other News Avivagen BioChek BIOTECON Covetrus dvm360 Fwusow Industry Co. Ltd. Merck Modern Veterinary Therapeutics Pumpkin Insurance Services QBiotics Group Limited Vetoquinol Virbac Zoetis ************************************ BRAKKE CONSULTING COVID-19: IMPACT ON PET CARE A 2020 STUDY IN 3 WAVES ORDER BY MONDAY, MAY 4 FOR EARLY-ORDER DISCOUNT The pandemic that struck the US and the rest of the world in early 2020 is an event that has altered personal lives and business operations unlike any other event. To help you make prudent decisions during this disruptive period, Brakke Consulting is launching a new 3-wave tracking study, COVID 19: Impact on Pet Care. The study is based on an online pulse survey of a nationally representative sample of 1,000 pet owners conducted every few weeks starting in May 2020. The study will deliver 3 reports, roughly 4 – 6 weeks apart, beginning in late May. The cost of the study is $17,500, with a $1,500 discount for orders placed by Monday, May 4. For more information, contact John Volk at john@volkonline.com . www.BrakkeConsulting.com ************************************ COMPANY
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April 30, 2020
Jim Kroman Joins Brakke Consulting Team
GREENSBORO, NC, April 24, 2020 – Brakke Consulting is pleased to announce the appointment of Jim Kroman to its team of consultants, bringing a breadth of experience gleaned from over 40 years of leadership positions in the animal health industry. Jim’s experience in animal health includes focus on selling and sales management and training, as well as general management and leadership experience in several global animal health organizations. During his 20 years at Boehringer Ingelheim Vetmedica, Inc., Jim tackled assignments as diverse as leading acquisition teams for large and small acquisitions, divesting manufacturing sites and product lines, successfully leading the company-wide project to implement an SAP system in the biologics manufacturing environment, and leading the effort to make all needed divestitures to satisfy the US Federal Trade Commission’s approval of Boehringer Ingelheim’s acquisition of Merial Ltd. in 2017. In addition, Jim spent time living and working in Germany as part of the Boehringer Ingelheim Business Development team and worked extensively on several joint venture opportunities in Asia. Jim retired from his role as Executive Director, Business Development and Licensing and Project Management from Boehringer Ingelheim Vetmedica in January 2017. Brakke Consulting President Dr. Robert Jones says that Jim’s transactional experience makes him a valued addition to the Brakke team. “Jim’s experience in all aspects of animal health management and leadership,
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April 29, 2020
Animal Health News & Notes for April 24, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for April 24, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News New Consultant joins Brakke Consulting COVID-19: Impact on Pet Care report – Pre-order by April 30 Earnings News Covetrus Other News Animalytix BabelBark Circa Healthcare Good Boy Studios Gravity Payments Greenline Pet IDEXX Kemin Biologics NAVC Nestlé Purina PetCare Pacific GeneTech VetriScience Laboratories ************************************ BRAKKE CONSULTING JIM KROMAN JOINS BRAKKE TEAM We are excited to announce that Jim Kroman has joined the Brakke Consulting team. Many of our readers may know Jim, but if you don’t, Jim has over 40 years of experience in the animal health industry. Throughout his years at Beecham Laboratories, Novartis Animal Health, and Boehringer Ingelheim Vetmedica, Jim led effective teams focused on sales, sales management, marketing, business development and licensing, and project management. Jim is prepared to assist clients of Brakke Consulting in their efforts to build or streamline their businesses through the acquisition or divestiture of product lines, facilities, or companies, as well as through the development or optimization of sales force activities and personnel. Jim can be reached at jkroman@brakkeconsulting.com or (816) 617-8827. Please join us in welcoming Jim to the team. Bob Jones ************************************ COMPANY EARNINGS RELEASES Covetrus released select preliminary first quarter financial
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April 23, 2020
New Brakke Study Tracks Impact of COVID-19 On Pet Owner Behavior and Purchasing
Pet industry leaders will be able to monitor the impact of the coronavirus pandemic and economic downturn on pet owner purchasing and pet care thanks to a new tracking study from Brakke Consulting, COVID-19: Impact on Pet Care. The study will be conducted in three waves beginning in May. The research tracks changes in pet owner income, pet ownership, purchasing behavior for key products, and veterinary visits. The study is based on three separate Internet surveys, each conducted among a random national sample of 1,000 pet owners. A report will be issued after each survey with full results. “The COVID-19 pandemic creates one of the most tumultuous markets that business leaders have faced in their careers. This study is designed to provide the best decision-making information available, “ says Bob Jones, PhD, president of Brakke Consulting. “Providing three large-scale surveys consecutively as the market evolves will help companies and investors react more effectively to current events, as well as get a leg up on planning for 2021.” The price of the study is $17,500 for all three reports. Orders placed by April 30 and paid in full within 45 days earn a $1,500 early-order discount. For more information or to subscribe to the tracking study, contact John Volk, senior consultant, john@volkonline.com, (312) 524-4941.
April 20, 2020
Animal Health News & Notes for April 17, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for April 17, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News COVID-19: Impact on Pet Care report Earnings News Vetoquinol Virbac Yantai China Pet Foods Other News ANIMART Armor Animal Health Bayer Boehringer Ingelheim Covetrus Dechra Pharmaceuticals Dr. G’s Marine Aquaculture Dyadic International Elanco Fishman Chemical of North Carolina GVL Invetx Kindred Biosciences MWI Animal Health Nestle Purina Petriage Royal DSM Smithfield Foods TeleVet VetCT VetriScience WuXi Biologics ************************************ BRAKKE CONSULTING COVID-19: IMPACT ON PET CARE A 2020 STUDY IN 3 WAVES The pandemic that struck the US and the rest of the world in early 2020 is an event that has altered personal lives and business operations unlike any other event. To help you make prudent decisions during this disruptive period, Brakke Consulting is launching a new 3-wave tracking study, COVID 19: Impact on Pet Care. The study is based on an online pulse survey of a nationally representative sample of 1,000 pet owners conducted every few weeks starting in May 2020. The study will deliver 3 reports, roughly 4 – 6 weeks apart, beginning in late May. The cost of the study is $17,500, with a $1,500 discount for orders placed by April 30. For more information, contact John Volk at
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April 16, 2020
Animal Health News & Notes for April 10, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for April 10, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Boehringer Ingelheim ImmuCell Corporation Other News Bayer Elanco GeneQuine Biotherapeutics Medici Neogen Penn Veterinary Supply Performance Livestock Analytics SwineTech VetNOW Zoetis (Performance Livestock Analytics) Zoetis (Clarifide) Zomedica ************************************ COMPANY EARNINGS RELEASES Boehringer Ingelheim reported results for the full year 2019. Total Animal Health sales were EUR 4.03 billion ($4.38 billion) in 2019, an increase of 2% compared to 2018. US turnover was EUR 1.77 billion ($1.92 billion), an increase of 9% year-over-year. (Animal Pharm) ImmuCell Corporation announced preliminary, unaudited product sales results for the first quarter ended March 31, 2020. Total product sales were approximately $4.9 million, an increase of 11% compared to the first quarter of 2019. (company press release) ************************************ COMPANY NEWS RELEASES Zoetis announced the acquisition of Performance Livestock Analytics, a technology company that simplifies data and analytics for the livestock industry. Financial terms were not disclosed. (Feedstuffs) Zoetis announced the addition of new capabilities as part of its Clarifide Plus genetics test for cattle. The test can now help predict potential cow lifetime profitability for Holstein and Jersey cattle by providing insight into respiratory disease and fertility traits for cow abortion, twinning and ovarian cysts. Clarifide Plus will also
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April 9, 2020
Animal Health News & Notes for April 3, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for April 3, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Chewy JBS SA Kane Biotech Other News Alltech American Regent Chanelle Pharmaceutical Manufacturing Corey Nutrition Covetrus Daiichi Sankyo Heska Kinetic Vet Lily’s Kitchen Magiar Chilena MBF Therapeutics Neogen Nestlé Purina PetCare scil animal care VetSuccess ************************************ KC ANIMAL HEALTH CORRIDOR ANIMAL HEALTH INVESTMENT FORUM PRESENTER APPLICATIONS DUE BY APRIL 14 The KC Animal Health Corridor is now accepting applications to present at the 2020 KC Animal Health Investment Forum on September 1 in Kansas City, Missouri. The 12th annual Forum 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 – Revenue projections of $20 million within 5-7 years Applications are due by April 14. To apply, go to http://kcanimalhealth.thinkkc.com/account/login . For more information, contact Kimberly Young at young@thinkkc.com ************************************ COMPANY EARNINGS RELEASES Chewy, Inc. announced financial results for the full year 2019 ended February 2, 2020. Net sales were $4.85 billion, an increase of 40% year-over-year. Net loss was $(252.4) million, including share-based
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April 2, 2020
Animal Health News & Notes for March 27, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for March 27, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news Report: Pet Health Products – Changing Channels Earnings News Anpario General Mills Krka Neogen Other News Avivagen Clipper Distributing Covetrus Dechra Hester Biosciences Inaba Foods USA Industrias Melder Kemin Industries Miller Veterinary Supply Neogen PetIQ Petriage Stress Free Pets vet-webinar ************************************ Animal Agriculture Alliance 2020 Stakeholders Summit May 7 – 8 | Virtual Summit The 2020 Stakeholders Summit will take place virtually on May 7 – 8 and in a series of pre-conference webinars. Sessions will cover sustainability, animal welfare, influencer engagement, preparing for animal rights activist campaigns and other hot topics. Attend the Virtual Summit and you’ll be primed and prepared to build bridges from farm to fork. The annual Summit, now in its 19th year, brings together thought leaders in the agriculture and food industries to discuss hot-button issues and out-of-the-box ideas to connect everyone along the food chain, engage influencers and protect the future of animal agriculture. Attendees will leave the 2020 Virtual Summit with the tools they need to take action and be part of any and all conversations that could impact the future of animal agriculture and their business. For more details and to register, click here.
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March 26, 2020
Animal Health News & Notes for March 20, 2020
*********************************** Brakke Consulting’s Animal Health News & Notes for March 20, 2020 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News market research Earnings News Kindred Biosciences Other News BabelBark Dechra Destination Pet Kindred Biosciences Morgan Stanley Investment Management Omega Sea Pathway Vet Alliance Spectrum Brands Pet TSG Consumer Partners VitalPet whiskerDocs ************************************ COMPANY EARNINGS RELEASES Kindred Biosciences, Inc. reported financial results for the full year ended December 31, 2019. Full year 2019 net product revenues were $4.3 million, compared with $2.0 million for the year ended December 31, 2018. As of December 31, 2019, KindredBio had $73.5 million in cash, cash equivalents and investments, compared to $73.9 million at December 31, 2018. (company press release) *********************************** BRAKKE CONSULTING Timely insights through rapid-turnaround market research With our in-house database of veterinarians and the ability to custom-tailor surveys of a wide variety of target audiences, we can provide you with reliable insights into this unique industry, and get the results in your hands quickly. For more information, see our website or call us at 336-396-3916. www.BrakkeConsulting.com ************************************ COMPANY NEWS RELEASES Kindred Biosciences, announced that it has entered into a transaction for the sale of Mirataz to Dechra Pharmaceuticals PLC for an upfront payment of $43 million and royalties on worldwide sales. KindredBio recorded net
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March 19, 2020
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