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Animal Health News & Notes for November 22, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for November 22, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Brakke Industry Overview at VMX and WVC Earnings News Central Garden & Pet Krka Orion Spectrum Brands Other News Bimeda Chewy Cold Water Technologies GlobalVetLink HHOLOVE Neogen Orion Pawlicy Advisor Pumpkin Insurance Services VetriMax Zoetis ********************************************* Brakke Consulting Announcing the 2024 Brakke Animal Health Industry Overview Presented at VMX: Monday, January 15th, 2-4 pm, Hyatt Regency, Orlando Ballroom N Presented at WVC: Monday, February 19th, 2-4 pm, Four Seasons Hotel How did the top animal health companies perform in 2023? And what critical issues will impact industry performance in 2024? Answers to these questions and more will be covered at Brakke Consulting’s annual Industry Overview at the VMX and WVC conferences next year. Key topics and presenters include: Industry and top global company performance including a closer look at the performance of public companies in animal health, presented by Bob Jones What 2023 looked like in vet practices and with pets – continuing vet practice consolidation, labor shortages and vet response to a new survey, presented by John Volk An overview of the post-Covid home delivery channel for pet medications including results from comprehensive veterinarian and pet owner surveys conducted for the
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November 22, 2023
Animal Health News & Notes for November 17, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for November 17, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Pet Medications Home Delivery – pre-order deadline extended to Nov. 22 Earnings News i-Tail ImmuCell Inspire Veterinary Partners, Jaguar Health JBS SA Ouro Fino Saúde Animal PetVivo Holdings Wag! Group Zomedica Other News 365Televet.com Bene Meat Technologies CAPdouleur DN Capital Dogtopia Filu Fort Supply Technologies Fressnapf Good Dog Food ICU Medical Jumper Groep Meatly Mid America Pet Food Oil-Dri Sylvester.ai T-Medical Group Vedco Y-TEX ********************************************* Brakke Consulting Pet Medications Home Delivery Study Pre-order deadline extended to November 22 Optimizing Pet Medicine Services: Key Insights into Home Delivery Channel Discover critical insights for pet medicine businesses and veterinarians. Based on surveys of veterinarians and pet owners, as well as other primary research, the new Brakke Pet Medications Home Delivery Study will unveil current pet owner behaviors, emerging veterinary business trends, and the impact of online retailers on pet medication home delivery. Leverage this knowledge to refine services, enhance customer experiences, and manage competitive challenges effectively. The proprietary research in this groundbreaking study will allow businesses to stay at the forefront of the evolving pet healthcare industry with current industry-backed data. Your success is our priority. The report, which will be published at the
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November 17, 2023
Animal Health News & Notes for November 10, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for November 10, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2023 Flea Control & Heartworm Markets report – pre-order discount ends Nov. 17 2023 Pet Medications Home Delivery Study – pre-order discount ends Nov. 15 Earnings News BARK Cryoport Elanco Freshpet Pet Valu PetIQ Phibro Trupanion Other News Antech BioFeyn Bionote USA Bregal Partners Central Garden & Pet Fera Pets GekkoVet General Mills IDEXX Lick Sleeve Mars MBF Therapeutics Merck MinXray PetPath Phibro Royal Canin TDBBS Veterinary Pathology Group VetSnap VolitionRx ********************************************* Brakke Consulting 2023 US FLEA CONTROL AND HEARTWORM MARKETS REPORT EARLY-BIRD DISCOUNT ENDS NOV. 17 Are you on top of the trends in the largest market segment in companion animal health? Brakke Consulting will soon be publishing our 2023 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 NEXGARD PLUS and NEXGARD COMBO – 2023 survey of 400 veterinarians – 2023 survey of 500 pet owners The report on the US
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November 10, 2023
Animal Health News & Notes for November 3, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for November 3, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2023 Pet Medications Home Delivery Study – pre-order by Nov. 15 Earnings News Hill’s IDEXX PetMed Express Swedencare Zoetis Other News Athian Canine Cancer Foundation Cara Veterinary Corp Dechra Elanco Furry Land Medgene NAVC Nestle Purina Petcare ********************************************* Brakke Consulting Pet Medications Home Delivery Study Pre-order by November 15 and save Optimizing Pet Medicine Services: Key Insights into Home Delivery Channel Discover critical insights for pet medicine businesses and veterinarians. Based on surveys of veterinarians and pet owners, as well as other primary research, the new Brakke Pet Medications Home Delivery Study will unveil current pet owner behaviors, emerging veterinary business trends, and the impact of online retailers on pet medication home delivery. Leverage this knowledge to refine services, enhance customer experiences, and manage competitive challenges effectively. The proprietary research in this groundbreaking study will allow businesses to stay at the forefront of the evolving pet healthcare industry with current industry-backed data. Your success is our priority. The report, which will be published at the end of 2023, is priced at $14,500. Pre-order by November 15 to receive a $2,000 discount. For more information, contact Richard Hayworth at rhayworth@brakkeconsulting.com or 214.422.2025. www.BrakkeConsulting.com **************************************
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November 3, 2023
Animal Health News & Notes for October 27, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for October 27, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2023 Flea Control & Heartworm Markets report – pre-order now Pet Medications Home Delivery Study – pre-order now Earnings News Apiam Animal Health Merck Nestlé Vetoquinol Virbac Other News Amazon (Petco) Amazon (telehealth) Athian Barentz Bfactory BiomEdit Boost Capital Partners Ceva Creature Comforts Digicare Animal Health ECO Animal Health GlobalVetLink Hanaco VC Movendo Capital Petco Petfolk PetWise Precision Health Technologies Royal Canin Sleepypod Torch Capital Trans Globe Worldwise ********************************************* Brakke Consulting 2023 US FLEA CONTROL AND HEARTWORM MARKETS REPORT EARLY-BIRD DISCOUNT ENDS NOV. 17 Are you on top of the trends in the largest market segment in companion animal health? Brakke Consulting will soon be publishing our 2023 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 NEXGARD PLUS and NEXGARD COMBO – 2023 survey of 350 veterinarians – 2023 survey of 500 pet owners The report on the US Flea Control &
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October 27, 2023
New Brakke Study Unveils Insights into Pet Medication Home Delivery Trends
Brakke Consulting announces a new, comprehensive study exploring the post-COVID home delivery channel for pet medications. The Brakke Pet Medications Home Delivery Study reveals valuable insights into pet owner spending behaviors and shopping preferences, online sales trends for veterinarians, and a thorough analysis of the top online pet medication retailers, offering businesses a strategic advantage in this channel. Another important issue that should not be overlooked is that pet owners may want to order ivermectin for humans to treat parasitic diseases such as head lice, scabies, onchocerciasis, strongyloidiasis, trichuriasis, ascariasis and elephantiasis. And it would be convenient to be able to order medications for yourself and for your beloved pet in one place, without paying for separate delivery and without wasting your time on additional searches for trusted sellers. By understanding current and evolving dynamics around home delivery, businesses can refine channel management, innovate with confidence, and unlock new avenues for growth. “Consumers today have many outlets when it comes to purchasing pet medications,” states Brakke consultant Richard Hayworth, “and online purchasing is now commonplace. The businesses who complement their retail offerings with quick and convenient home delivery service are best positioned for the future.” The Brakke Pet Medications Home Delivery Study is designed to help veterinarians, pet medication manufacturers, online retailers, and home delivery service providers gain actionable intelligence
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Animal Health News & Notes for October 20, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for October 20, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News 2023 Flea Control & Heartworm Markets report Other News ADM Aimia Pet Health Assisi Pet Care Group Limited Belvoir Media Group Better Choice Bond Vet Boost Capital Partners Creature Comforts Dalan Animal Health Evonik Hanaco VC Hill’s Merck MWI Nutramax Pangolia Protix Red Collar Pet Foods Shandog Vland Biotech Shepherd Veterinary Software Sunshine Mills Talisman Capital Partners Torch Capital Tyson Foods Umbrella AI Studio Veterinary Practice Partners Virbac Warburg Pincus Wind Point Partners Zoetis ********************************************* Brakke Consulting 2023 US FLEA CONTROL AND HEARTWORM MARKETS REPORT EARLY-BIRD DISCOUNT ENDS NOV. 17 Are you on top of the trends in the largest market segment in companion animal health? Brakke Consulting will soon be publishing our 2023 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 NEXGARD PLUS and NEXGARD COMBO – 2023 survey of 300+ veterinarians – 2023 survey of 500 pet owners The report
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October 20, 2023
Animal Health News & Notes for October 13, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for October 13, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Pet Medications Home Delivery Study – pre-order now Earnings News Dechra Neogen Other News Accord Animal Health Basepaws Biovet CGT Ceva Chewy CULT Food Science Corp Dutch Eclipse Ventures EQT Partners CULT Food Science Corp Genus Globion Heartland Veterinary Pharmacy Hill’s Lohmann Animal Health Medgene Merck National Veterinary Associates P3 Technologies Perfection Pet Foods PIC Post Holdings Suguna Group TGI Solar Power Group TriviumVet VetApproved Pharmacy VetPartners Virbac (Ayradia) Virbac (Globion) Zoetis ********************************************* Brakke Consulting Pet Medications Home Delivery Study Pre-order now and save Optimizing Pet Medicine Services: Key Insights into Home Delivery Channel Discover critical insights for pet medicine businesses and veterinarians. Based on surveys of veterinarians and pet owners, as well as other primary research, the new Brakke Pet Medications Home Delivery Study will unveil current pet owner behaviors, emerging veterinary business trends, and the impact of online retailers on pet medication home delivery. Leverage this knowledge to refine services, enhance customer experiences, and manage competitive challenges effectively. The proprietary research in this groundbreaking study will allow businesses to stay at the forefront of the evolving pet healthcare industry with current industry-backed data. Your success is our priority. The report,
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October 12, 2023
Animal Health News & Notes for October 6, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for October 6, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Pet Medications Home Delivery Study – pre-order now Other News Ardent Animal Health Athersys Cal-Maine Foods Carnibest Covetrus Digitalis Ventures Elanco Ever.Ag Fassio Egg Farms Fluxergy ITL BioMedical Lumen Bioscience Mars (SYNLAB) Mars (Companion Fund) Parnell Technologies Patterson PHAXIAM Therapeutics Qorvo Biotechnologies Small Door Vet SYNLAB Vet Vetcor Veterinary Emergency Group Vetophage Voff Zomedica ********************************************* Brakke Consulting Pet Medications Home Delivery Study Pre-order now and save Optimizing Pet Medicine Services: Key Insights into Home Delivery Channel Discover critical insights for pet medicine businesses and veterinarians. Based on surveys of veterinarians and pet owners, as well as other primary research, the new Brakke Pet Medications Home Delivery Study will unveil current pet owner behaviors, emerging veterinary business trends, and the impact of online retailers on pet medication home delivery. Leverage this knowledge to refine services, enhance customer experiences, and manage competitive challenges effectively. The proprietary research in this groundbreaking study will allow businesses to stay at the forefront of the evolving pet healthcare industry with current industry-backed data. Your success is our priority. The report, which will be published at the end of 2023, is priced at $14,500. Pre-order by November 15 to
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October 6, 2023
Animal Health News & Notes for September 29, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for September 29, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Animal Health Jobs Earnings News Animalcare CVS Group Other News Blendvet CareVet Dr. Judy Hill’s Milk Specialties Global Solvet Symrise Woof Gang Bakery & Grooming ********************************************* Animal Health Jobs Fall Into Opportunity – Get 25% Off Your Job Posting! Are you ready to harvest the best talent for your team this fall? Look no further! Animal Health Jobs is here to help you find the perfect candidates for your open positions, and we’re offering an exclusive fall discount to make it even easier. Post a job with us before October 31, and use the coupon code fall25 to save 25% off current or future job postings! Turn over a new leaf this fall and build a winning team with Animal Health Jobs. Act now, as this offer expires on October 31. Visit animalhealthjobs.com today and to start posting and start hiring! www.animalhealthjobs.com ************************************** EARNINGS NEWS RELEASES Animalcare reported results for the first half of 2023. Revenues were GBP 36.7 million ($44.6 million), a 4.1% year-over-year decline. Half-year profit before tax was GBP 2.4 million ($2.9 million), down from GBP 3.4 million in the same period last year. (com) Vet services business CVS Group announced results for its
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September 29, 2023
Animal Health News & Notes for September 22, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for September 22, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Animal Health Jobs Earnings News General Mills Other News ACT VC adivo Atlantic Bridge Creative Science Felix Independence Pet Group MI:RNA Micron Agritech Pet Valu Holdings PetIQ Revival Animal Health The Vets VistaMilk Walmart Yield Lab Europe Zoetis Zomedica ********************************************* Animal Health Jobs Fall Into Opportunity – Get 25% Off Your Job Posting! Are you ready to harvest the best talent for your team this fall? Look no further! Animal Health Jobs is here to help you find the perfect candidates for your open positions, and we’re offering an exclusive fall discount to make it even easier. Post a job with us before October 31, and use the coupon code fall25 to save 25% off current or future job postings! Turn over a new leaf this fall and build a winning team with Animal Health Jobs. Act now, as this offer expires on October 31. Visit animalhealthjobs.com today and to start posting and start hiring! ************************************** EARNINGS NEWS RELEASES General Mills, Inc. reported results for the first quarter ended August 27, 2023. Net sales for the Pet segment were $580 million, unchanged from year-ago levels; organic net sales were also flat. Segment
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September 22, 2023
Animal Health News & Notes for September 15, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for September 15, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Animal Health Jobs Other News Ancestry Applied DNA Sciences BetterVet BioAdaptives Bionote USA Companion Protect Elanco fintech General Atlantic GoodVets Group L Catterton LiveStock Impact Skout’s Honor SkyKnight Capital United Pet Care Withmal ********************************************* 2023 AAFP Annual Conference Memphis, TN | Renesas Convention Center & Virtual October 12-15, 2023 Join us at the 7th World Feline Veterinary Conference The 2023 American Association of Feline Practitioners Annual Conference is next month. This year’s conference theme, The Ins and Outs of Feline Nutrition and Gastroenterology, will cover all areas of feline nutrition and gastroenterology and is suitable for veterinary professionals of all levels. Earn up 67 RACE-approved CE credits by attending in person and/or viewing on-demand sessions through May 31, 2024. Save on registration with the early bird rate and book your hotel by September 15, 2023. Click here for more information. ********************************************* COMPANY NEWS RELEASES Elanco Animal Health Incorporated announced the launch of Varenzin-CA1 (molidustat oral suspension), conditionally approved by the FDA as the first and only treatment to control non-regenerative anemia in cats with chronic kidney disease. (company press release) Bionote USA announced that they now serve the equine market with the introduction
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September 15, 2023
Animal Health News & Notes for September 8, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for September 8, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News Vetoquinol Other News Affordable Pet Labs Bactolife Boehringer Ingelheim Ceva Felix Pharmaceuticals Genus Lifesciences Halo IAMS Merck Novozymes Nutreco S2G Ventures Vetpocket ViAqua Therapeutics ZyVet ********************************************* Southwest Veterinary Symposium – SWVS 2023 San Antonio, Texas – Henry B. Gonzalez Convention Center September 21-24, 2023 www.swvs.org It’s Our 20th Anniversary Y’all! – Register TODAY! 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 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. ************************************** EARNINGS NEWS RELEASES Vetoquinol SA reported results for the first half of 2023. Sales were EUR 256 million ($274 million), down -5.4% on a reported basis and -4.6% at constant exchange rates. The Americas territory grew by +2.3% at constant exchange rates, driven by growth in the US market and the recent launch of Simplera. Group operating income recurring was EUR 39 million ($42 million), compared with EUR 44 million for the first 6 months
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September 8, 2023
Animal Health News & Notes for September 1, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for September 1, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Brakke Search Earnings News Apiam Animal Health Chewy J.M. Smucker Kane Biotech Patterson Phibro Other News Alphia AmerisourceBergen AniCell Biotech BetterVet Boehringer Ingelheim Cencora ElleVet Sciences Feeders Pet Supply Hill’s Inspire Veterinary Partners J.H. Whitney Capital Partners Mercury Fund MySimplePetLab MWI Animal Health Otto PAI Partners PetMedix Purina ScribeAmerica TeleVet Vetsource Zigzag Zoetis ********************************************* BRAKKE CONSULTING Too many inappropriate candidate resumes clogging up your email? Spending your precious time sorting through an endless array of candidates? Let Brakke Search do the legwork for you! We use our broad network and decades of experience to present you a highly qualified short list of the industry’s top talent. We’ve been serving the animal health and nutrition industry exclusively since 1986. We even conduct a free qualitative candidate fit assessment to help guide you in final interviews! Find out more at our website or by contacting Jeff Santosuosso at jeff@brakkeconsulting.com www.brakkeconsulting.com ************************************** EARNINGS NEWS RELEASES Patterson Companies, Inc. reported results for its fiscal 2024 first quarter ended July 29, 2023. Reported net sales in the Animal Health segment were $1.01 billion, a year-over-year increase of 5%. Segment operating income was $29.7 million, an increase of
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September 1, 2023
Animal Health News & Notes for August 25, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for August 25, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Animal Health Jobs Earnings News Petco Other News AF Ventures Align Ventures Arrow Reliance Aspiritech BetterVet BiomEdit Bitwerx CAVU Consumer Partners Cresilon CVS Group GlobalVetLink Hippo Manager Software Jinx Merchant Club Nationwide Native Pet Penn Veterinary Supply Select Sires STgen TARGAN Vetster VetVerifi Wayne-Sanderson Farms Zoetis ********************************************* Southwest Veterinary Symposium – SWVS 2023 San Antonio, Texas – Henry B. Gonzalez Convention Center September 21-24, 2023 Join us to celebrate our 20th Anniversary! Registration is 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 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 Petco Health and Wellness Company, Inc. announced its second quarter 2023 financial results. Net revenue was $1.53 billion, up 3% versus prior year. The company’s consumables business was up 7%, and services and other business was up 31%. Net loss was $(14.6) million, compared to net income
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August 25, 2023
Animal Health News & Notes for August 18, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for August 18, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Animal Health Jobs Earning News ImmuCell Jaguar Health JBS Orion PetVivo Holdings Spectrum Brands Zomedica Other News Akston Biosciences Boehringer Ingelheim Breeder’s Choice Canidae Dômes Pharma DoorDash Ethos Pet Brands Go Digit General Insurance Lakehouse Ventures Mars Mixlab myBalto Natural Balance Neogen Ollie Petco (DoorDash) Petco (Ollie) Revival Animal Health SentrX Animal Care SYNLAB Vet Vanterra Ventures Vetalia Vetina Healthcare ********************************************* Southwest Veterinary Symposium – SWVS 2023 San Antonio, Texas – Henry B. Gonzalez Convention Center September 21-24, 2023 Join us to celebrate our 20th Anniversary! Registration is 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 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 Orion Group reported results for the second quarter of 2023. Net sales of the Animal Health business division in were EUR 23.5 million ($25.6 million), a year-over-year increase of 32%. Sales include the
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August 18, 2023
Animal Health News & Notes for August 11, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for August 11, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Brakke Search Earnings News Cryoport Elanco Freshpet Pet Valu PetIQ Pets at Home Trupanion Wag! Group Zoetis Other News Airvet ALR Technologies Greenies Hill’s MAI Animal Health Merck Mountain Group Partners MySimplePetLab National Veterinary Associates Pawprint Oxygen Petfolk PetsApp Prelude Select Sires Vetama VetPartners VetWelding Zoetis (mAb expansion) Zoetis (AlphaTrak) ********************************************* BRAKKE SEARCH Manager/Director of Product Development Hiring! Great opportunity for an RPh and/or PharmD to join a successful team dedicated to improving pet pharmaceuticals and nutraceuticals for an impressive list of clients worldwide. Full benefits, relocation available. Please click here. For questions, please contact Jeff Santosuosso at jeff@brakkeconsulting.com. ************************************** EARNINGS NEWS RELEASES Zoetis reported financial results for the second quarter of 2023. Revenue was $2.2 billion, an increase of 6% compared with the second quarter of 2022 (+9% on an operational basis excluding the impact of foreign currency). Net income was $671 million, an increase of 27% on a reported basis. Revenue in the U.S. segment was $1.165 billion, an increase of 7%. (company press release) Elanco Animal Health Incorporated reported financial results for the second quarter of 2023. Revenue was $1.06 billion, a decrease of 10% (-9% currency adjusted) compared
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August 11, 2023
Animal Health News & Notes for August 4, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for August 4, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Animal Health Jobs Earnings News Boehringer Ingelheim Central Garden & Pet Hill’s IDEXX Merck Nestle SA PetMed Express Swedencare Other News Animalcare Group Argenta Arm & Hammer The Bridge Club Cronus Pharma HelloFresh Inspire Veterinary Partners Kane Biotech KineticVet MWI OneCup AI Prelude Trupanion Veterinary Service, Inc. VetriScience Zoetis ********************************************* ANIMAL HEALTH JOBS We are pleased to announce the release of the results from the Third Annual Animal Health Jobs Candidate Attitudinal Survey. This comprehensive survey revisited questions that were posed in 2021 and 2022, aiming to gain deeper insights into job seekers’ attitudes towards the animal health industry, individual companies, and the future of the industry. The survey responses were carefully evaluated across various demographics, including gender, job level, and years of experience, to provide a comprehensive understanding of the industry’s current state and trends. We are happy to share that the overall view of the animal health industry remains incredibly positive, consistent with the results from previous years. Once again, respondents expressed a general sense of satisfaction with their jobs and their respective companies. This “stickiness” phenomenon observed in the animal health industry continues to be a significant characteristic, with
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August 4, 2023
Animal Health News & Notes for July 28, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for July 28, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Animal Health Jobs Transaction Seminar Earnings News Neogen Other News Brief Media Deiko Hill’s Invetx Lowe’s Petco QSM Diagnostics *************************************** 2023 Animal Health Summit August 28-29, 2023 Location: Midland Theatre | Kansas City, MO Registration is now open for the 2023 Animal Health Summit. Register today! The Animal Health Summit features two days of networking, 1:1 business partnering, industry thought leaders, panel discussions, speakers and emerging company presentations. Learn more. ************************************** EARNINGS NEWS RELEASES Neogen Corporation announced the results of the fiscal year ended May 31, 2023. Revenues were $822 million, an increase of 56% compared to the prior year. Core revenue growth was 4.0% and acquisitions contributed 54.5%, while foreign currency was a headwind of 2.5%. Net loss was $(22.9) million, compared to net income of $48.3 million in the prior year; the decrease was driven primarily by costs related to the recently completed merger with the former 3M Food Safety Division. Revenues for the Animal Safety segment were $276 million, an increase of 3%. (Seekingalpha) ********************************************* COMPANY NEWS RELEASES Hill’s announced its Prescription Diet k/d is now upgraded with its new ActivBiome+ Kidney Defense prebiotic blend to activate the gut microbiome,
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July 28, 2023
Animal Health News & Notes for July 21, 2023
*********************************** Brakke Consulting’s Animal Health News & Notes for July 21, 2023 Copyright © Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting News Animal Health Jobs Transaction Seminar Earnings News Virbac Other News ACJ International The Andersons Bimeda Boehringer Ingelheim Companion Covetrus Elanco EmGenisys Fear Free Nationwide Pooch & Mutt ReviewTree SignalPet VAFO Group VetCor Vytelle *************************************** Animal Health Jobs As the scorching summer heat intensifies, so does the competition to find top talent. But fear not, at animal Health Jobs, we have the solution to help you beat the heat and attract high-quality, experienced, and talented candidates seeking meaningful careers in this industry. To help you beat the summer heat – and the competition in talent searching, we would like to introduce our sizzling summer discount. Through August 18th , use the code sizzle25 to save 25% on every job posting and package. So, while your competitors are melting away, you’ll be one step ahead, embracing the summer spirit and effortlessly discovering the perfect addition to your team! Don’t let the heat hinder your search for top talent. Embrace the summer vibes and join the ranks of industry leaders who have harnessed the power of our services to elevate their teams. At checkout, use the code sizzle25 to receive your discount. Don’t have a job
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July 21, 2023
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