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Animal Health News & Notes for March 7, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for March 7, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news Transaction assistance earnings news Kindred BioSciences PetSmart other news Abbott Cross VetPharm DermaZoo Global Animal Management Huvepharma IMI Global Merck Oasmia Pharmaceutical PetSmart VetriScience Labs ************************************ COMPANY EARNINGS RELEASES > PetSmart, Inc. announced financial results for the fiscal year 2013 ended February 2, 2014. Net sales for the year were $6.9 billion, up 4%. Net income was $419 million, an increase of 8% compared to the prior year. Note that fiscal year 2013 was a 52-week year, versus a 53-week year in fiscal year 2012. (Business wire) > Kindred Biosciences, Inc. announced financial results for the year ended December 31, 2013. For the year, its first full year of operations, Kindred Bio reported a net loss of ($4.2 million). As of December 31, 2013, Kindred Bio had $65.3 million in cash and cash equivalents. (PRNewswire) *********************************** KC ANIMAL HEALTH CORRIDOR ANIMAL HEALTH INVESTMENT FORUM NOW ACCEPTING PRESENTER APPLICATIONS The KC Animal Health Corridor is now accepting applications to present at the 2014 KC Animal Health Investment Forum on August 26 in Kansas City, Missouri. Now in its sixth year, the
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March 7, 2014
Animal Health News & Notes for February 28, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for February 28, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news Recruiting earnings news Animalcare Bayer Dechra Pharmaceuticals other news 1-800-PetMeds BioElectronics Bioniche Docsinnovent Elanco Everost Henry Schein Iams Jorgensen Labs Lohmann National Veterinary Associates Patterson Vétoquinol VetriScience Zoetis ************************************ COMPANY EARNINGS RELEASES > Bayer reported results for the full year 2013. Sales of the Animal Health Division were EUR 1,306 million ($1,798 million), unchanged from 2012 (+4.5% foreign currency and portfolio adjusted). (company website) > Dechra Pharmaceuticals PLC reported financial results for the half year ended December 31, 2013. Revenue from continuing operations totaled GBP 96 million ($158 million), an increase of 4% compared to the comparable year-ago period (decrease of 0.7% at constant currency). Profit from continuing operations was GBP 7.7 million ($12.7 million) compared to profit of 4.4 million in the comparable year-ago period. (company website) > Animalcare announced financial results for the six months ended December 31, 2013. Revenues rose by 7% to GBP 6.5 million ($10.7 million) and underlying EBITDA increased by 0.4% to GBP 1.6 million ($2.6 million). (Stockmarketwire.com) *********************************** BRAKKE CONSULTING, INC. EXECUTIVE AND SALES FORCE RECRUITING Recruiting Means More than Resumes At
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February 28, 2014
Animal Health News & Notes for February 21, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for February 21, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news OTC Channel earnings news Patterson other news Ark Sciences Benchmark Big Heart Pet Brands Del Monte Merck Merial Midmark Novartis Pets at Home PetSafe Sergeant’s Zoetis (Apoquel) Zoetis (aquaculture) ************************************ COMPANY EARNINGS RELEASES > Patterson Companies, Inc. reported results for its fiscal third quarter ended January 25, 2014. Third quarter fiscal 2014 sales for the Patterson Veterinary unit increased nearly 90% from the prior year period to $333 million. US sales were up 7% from the previous year, to $188 million. For US sales, consumable veterinary sales totaled $171 million, up 5.6%; and veterinary equipment sales rose 26% to $14 million. (WSJ.com) *********************************** BRAKKE CONSULTING, INC. UNDERSTANDING THE OVER-THE-COUNTER MARKET Whether your business is considering the OTC channels for new business opportunities or you have been distributing in the OTC channels for years, Brakke Consulting’s team can provide significant and quality assistance to businesses seeking to learn more about the details of the OTC channels of distribution. If you are looking for meaningful insights into the OTC channels, the trends found there, and the opportunities that exist, contact our Dallas office or
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February 21, 2014
Animal Health News & Notes for February 14, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for February 14, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2014 Industry Overview China and Japan Animal Health Market Overview Strategic planning earnings news Central Garden & Pet Henry Schein ImmuCell Nestle Nutreco VCA Antech Zoetis other news Bio-Medical Services Merck (PEDV) Merck (Panacur) Zoetis (IBV) Zoetis (PEDV) *********************************** BRAKKE CONSULTING, INC. JAPAN’S AND CHINA’S ANIMAL HEALTH MARKETS TUESDAY, FEBRUARY 18, 2014 LAS VEGAS Brakke Consulting, Inc. will present a 2-hour seminar offering an overview of the animal health markets in Japan and China. Yuki Ujimasa, DVM, MS, President and CEO of AHRMS, Inc., will discuss recent important developments in the Japanese animal health industry. Jishu Shi, DVM, Ph.D., principal owner or VaxiAm, LLC, will present an introduction to the Chinese animal health industry. The seminar will be held from 10:00 am to 12:00 pm at the Four Seasons Hotel in Las Vegas. The registration fee for the 2-hour seminar is $300 per person. To register, please call Brakke Consulting at (972) 243-4033 and ask for Jane Morgan, or email jmorgan@brakkeconsulting.com . www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Zoetis Inc. reported its financial results for the full year 2013. The company
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February 14, 2014
Animal Health News & Notes for February 7, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for February 7, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2014 Industry Overview – online registration ends Feb. 12! China and Japan Animal Health Market Overview AnimalHealthJobs.com earnings news Abaxis Bioniche IDEXX Merck Merial MWI Orion PetMed Express other news Abaxis ImageWorks Jaguar Animal Health Kane Biotech Merck Modern Veterinary Therapeutics Patterson TNG Pharmaceuticals *********************************** KC ANIMAL HEALTH CORRIDOR ANIMAL HEALTH INVESTMENT FORUM NOW ACCEPTING PRESENTER APPLICATIONS The KC Animal Health Corridor is now accepting applications to present at the 2014 KC Animal Health Investment Forum on August 26 in Kansas City, Missouri. Now in its sixth year, the Forum is one of the only opportunities in the world for early-stage companies in the animal health sector 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 on April 18. To apply, go to http://www.kcanimalhealthforum.com/index.php/apply-to-present/. For more information, contact Kimberly Young at young@thinkkc.com. ************************************ COMPANY EARNINGS RELEASES > Merck announced financial results for the full year 2013. Global sales
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February 7, 2014
Japan and China Animal Health Industry Overviews to be Presented at WVC
Brakke Consulting to Present Japan and China Animal Health Industry Overviews at Western Veterinary Conference DALLAS — A presentation profiling the Japan and China animal health industries will be held by Brakke Consulting at the Western Veterinary Conference in Las Vegas, Nevada on February 18, 2014 at the Four Seasons Hotel Las Vegas. Yuki Ujimasa, D.V.M., M.S. will discuss important recent developments in the Japanese animal health industry, including reduction of clinical trials for animal medicines by relaxation of regulations and the conditional license for regenerative medicines for animals. Dr. Ujimasa is President and CEO of AHRMS, Inc., a consulting company in Tokyo, Japan that he established in 2006. Dr. Ujimasa has also worked as a member of Japan’s VICH Pharmacovigilance expert working group (EWG) and as a member of the VICH electric file format (EFF) EWG. An introduction to the Chinese animal health industry will be presented by Jishu Shi, D.V.M., Ph.D. Dr. Shi will discuss the opportunities and challenges in both the food animal and companion animal health markets in China. Dr. Shi is the principal owner of VaxiAm, LLC., a consulting company focused exclusively on the Chinese Animal Health Market. Among his credentials, Dr. Shi is a professor of immunology for the college of veterinary medicine at Kansas State University and also the director of the U.S.-China
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February 6, 2014
Equine Market Still Feeling Aftershocks of Great Recession
A comprehensive new survey of US horse owners demonstrates that the equine industry has not yet fully recovered from the recent economic recession. Participation in equine events is down, expenditures on many products have declined, and fewer young people have become horse owners. The study, the third edition of the Equine Market MegaStudy, is based on lengthy interviews with a national sample of more than 1,000 horse owners on products and brands purchased in the last year. The study was conducted by Brakke Consulting, Inc, and Ipsos Agriculture and Animal Health. Previous editions of the study were conducted in 2006 and 2009. The research included more than 400 brands in 17 product categories. It examined what brands were purchased, how often they were purchased, where they were purchased, amount of money spent, and who most influenced their selection of brands. The study also gathered detailed information on horse owner demographics, reading habits, Internet and social media usage, involvement in equine events and a host of other data. “Although respondents to the 2014 Equine Market MegaStudy were more optimistic about their financial wellbeing than in the 2009 study, the impact of the recent recession was clearly evident in the results,” said John Volk, senior consultant of Brakke Consulting. “Perhaps the most concerning finding is the lack of new horse owners coming
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February 5, 2014
Animal Health News & Notes for January 31, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for January 31, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2014 Industry Overview China and Japan Animal Health Market Overview Market research earnings news Elanco HIll’s Novartis Spectrum Brands other news AgriLabs Aratana Bayer Clipper Distributing ECO Animal Health Harrisvaccines Lonza Merck PetSmart Regeneus SmartVet VetDC Zoetis *********************************** BRAKKE CONSULTING, INC. JAPAN’S AND CHINA’S ANIMAL HEALTH MARKETS TUESDAY, FEBRUARY 18, 2014 LAS VEGAS Brakke Consulting, Inc. will present a 2-hour seminar offering an overview of the animal health markets in Japan and China. Yuki Ujimasa, DVM, MS, President and CEO of AHRMS, Inc., will discuss recent important developments in the Japanese animal health industry. Jishu Shi, DVM, Ph.D., principal owner or VaxiAm, LLC, will present an introduction to the Chinese animal health industry. The seminar will be held from 10:00 am to 12:00 pm at the Four Seasons Hotel in Las Vegas. The registration fee for the 2-hour seminar is $300 per person. To register, please call Brakke Consulting at (972) 243-4033 and ask for Jane Morgan, or email jmorgan@brakkeconsulting.com . www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Eli Lilly reported financial results for the full year 2013. Worldwide sales for
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January 31, 2014
Animal Health News & Notes for January 24, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for January 24, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2014 Industry Overview Investor Seminar Practice management earnings news Vetoquinol other news AquaVet Aratana Therapeutics Bayer Bioheart Del Monte Diagnostic Imaging Systems Elanco GeneSeek Hill’s Life Technologies Merck Merial Neogen Nestle Purina Phibro Shuanghui Int’l Sound-Eklin Vetoquinol WH Group Zuke’s Performance Pet Nutrition *********************************** BRAKKE CONSULTING, INC. INVESTOR SEMINAR: Understanding the Animal Health Industry (Investment Opportunities and Strategies) TUESDAY, FEBRUARY 11, 2014 Brakke Consulting, Inc. will present a one-day seminar for investors entitled, “Understanding the Animal Health Industry (Investment Opportunities and Strategies)” on February 11, 2014 at the Newark Liberty International Airport Marriott in Newark, New Jersey. The seminar will include the following topics: – Industry Overview – Size and trends of the animal health industry markets – Size and trends of the US OTC market for pet products – Segment breakdown of US pet and OTC markets – Industry ownership trends – Industry transaction history over the past decade – Major influencers on the financial health of the industry – A review of potential investment opportunities and strategies The deadline for registering is Wednesday, February 5. The cost is $1,200 per attendee. To
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January 24, 2014
Animal Health News & Notes for January 17, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for January 17, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2014 Industry Overview Investor Seminar Transaction assistance earnings news Cargill Virbac other news Branhaven Cargill i4C Innovations IDEXX Lifelearn Merck Neogen *********************************** BRAKKE CONSULTING, INC. INVESTOR SEMINAR: Understanding the Animal Health Industry (Investment Opportunities and Strategies) TUESDAY, FEBRUARY 11, 2014 Brakke Consulting, Inc. will present a one-day seminar for investors entitled, “Understanding the Animal Health Industry (Investment Opportunities and Strategies)” on February 11, 2014 at the Newark Liberty International Airport Marriott in Newark, New Jersey. The seminar will include the following topics: – Industry Overview – Size and trends of the animal health industry markets – Size and trends of the US OTC market for pet products – Segment breakdown of US pet and OTC markets – Industry ownership trends – Industry transaction history over the past decade – Major influencers on the financial health of the industry – A review of potential investment opportunities and strategies The deadline for registering is Wednesday, February 5. The cost is $1,200 per attendee. To register, please call Brakke Consulting at (972) 243-4033. For more information email Jane Morgan, jmorgan@brakkeconsulting.com. www.BrakkeConsulting.com. ************************************ COMPANY EARNINGS RELEASES
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January 17, 2014
Animal Health News & Notes for January 10, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for January 10, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2014 Industry Overview recruiting Equine Mega Study other news Aratana Bimeda Biogenec DDC Veterinary DermaZoo E.I. Medical Imaging Kane Biotech Okapi Sciences PetHub.com Provimi Smithfield Foods TriLogic Pharma Tyson Foods Vetoquinol Zootech *********************************** BRAKKE CONSULTING, INC. NEW EQUINE MARKET MEGASTUDY NOW AVAILABLE The third edition of the Equine Market MegaStudy, published by Brakke Consulting, Inc., and Ipsos Agriculture and Animal Health, is now available. This comprehensive study of horse owner buying and decision-making behavior includes data on over 400 brands of equine products in 17 categories. The study also measures readership of equine publications, catalogs and websites, with a new section on the use of social media and hand-held devices. Based on a national survey or more than 1,000 horse owners, the report contains a wealth of information on horse owner demographics and segments. Copies of the 184-page report are now available for $12,000. In addition, all purchasers are invited to a special two-hour seminar on this highly regarded research study on Jan. 20 during the North American Veterinary Conference. For more information, contact project manager John Volk at jvolk@brakkeconsulting.com or 773-327-4941. www.BrakkeConsulting.com.
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January 10, 2014
Animal Health News & Notes for January 3, 2014
print version *********************************** Brakke Consulting’s Animal Health News & Notes for January 3, 2014 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2014 Industry Overview Investor Seminar OTC Channel other news Aquapharm Bio-Discovery Biogénesis Bagó Ceva Chem-Tech Harrisvaccines Kane Biotech Lallemand Neogen Norbrook Vets Plus *********************************** BRAKKE CONSULTING, INC. INVESTOR SEMINAR: Understanding the Animal Health Industry (Investment Opportunities and Strategies) TUESDAY, FEBRUARY 11, 2014 Brakke Consulting, Inc. will present a one-day seminar for investors entitled, “Understanding the Animal Health Industry (Investment Opportunities and Strategies)” on February 11, 2014 at the Newark Liberty International Airport Marriott in Newark, New Jersey. The seminar will include the following topics: – Industry Overview – Size and trends of the animal health industry markets – Size and trends of the US OTC market for pet products – Segment breakdown of US pet and OTC markets – Industry ownership trends – Industry transaction history over the past decade – Major influencers on the financial health of the industry – A review of potential investment opportunities and strategies The deadline for registering is Wednesday, February 5. To register, please call Brakke Consulting at (972) 243-4033. For more information email Jane Morgan, jmorgan@brakkeconsulting.com. www.BrakkeConsulting.com. ************************************ CORRECTION In the year-end news roundup, the following
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January 3, 2014
Animal Health News & Notes for December 31, 2013 – Anniversary edition
print version *********************************** Brakke Consulting’s Animal Health News & Notes for December 31, 2013 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ ANIMAL HEALTH NEWS & NOTES CELEBRATES 14 YEARS OF INDUSTRY NEWS We hope each of you has had a successful and prosperous 2013, and that 2014 will be full of new opportunities for you and your companies. Thanks to our many clients for utilizing our services during the year and making 2013 another successful year for Brakke Consulting. In this last newsletter of 2013, we’ve listed some of the key events that occurred during the year for your review and files. In summary, industry consolidation continued at an accelerating pace and there was a significant number of new product and services added to company portfolios. We expect to see much of the same in 2014. Enjoy the eggnog! Ron Brakke ************************************ BRAKKE CONSULTING, INC. Serving the Worldwide Animal Health and Pet Care Industries Providing a complete range of consulting services, including: > INFORMATION: Industry insights, data, market research, competitive intelligence > RECRUITING: Executive Search, AnimalHealthJobs.com > TRANSACTIONS: Merger, acquisition, divestiture, licensing, due diligence > SOLUTIONS: Management problem solving and consulting services > GENERAL CONSULTING: Executive consultation, business and strategic plan development and implementation assistance > PRACTICE MANAGEMENT Brakke
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December 31, 2013
Animal Health News & Notes for December 27, 2013
print version *********************************** Brakke Consulting’s Animal Health News & Notes for December 27, 2013 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ Happy Holidays from Brakke Consulting Ron Brakke Joel Adamson Ken Berkholtz Raymond Collier Lynn Fondon David Goodnight Atsuo Hata Jessica Lee Jay Lockhart John Mannhaupt Susan Mannhaupt Richard Miles Jessica Montgomery Jane Morgan Kevin Scott John Volk www.BrakkeConsulting.com ********************** This electronic newsletter is the sole property of Brakke Consulting, Inc. Any use of the contents herein should be approved by and appropriately attributed to Brakke Consulting, Inc. For more information about Brakke Consulting’s services and syndicated studies, visit our website at www.brakkeconsulting.com. Brakke Consulting, Inc. 12005 Ford Rd., Suite 530 Dallas, TX 75234 USA
December 27, 2013
Animal Health News & Notes for December 20, 2013
print version *********************************** Brakke Consulting’s Animal Health News & Notes for December 20, 2013 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news US Flea Control & Heartworm Markets – now available 2014 Industry Overview Investor Seminar earnings news Neogen other news Apex Valves Bayer DRE Veterinary Merial (Broadline) Merial (Oncept) Merck Norel Animal Nutrition Pethealth VetMedsDirect Zoetis ************************************ BRAKKE CONSULTING, INC. US FLEA CONTROL & HEARTWORM MARKETS 2013 UPDATE NOW AVAILABLE Brakke Consulting has published our 2013 report on the US Flea Control and Heartworm Markets. The report includes valuable information on the US market for small animal parasiticides including: – discussion of the impact of generic fipronil products – an overview of the veterinary and OTC flea control markets – Product descriptions, prices, and sales for the leading veterinary flea and heartworm products – 2013 survey of 300 veterinarians – 2013 survey of 500 pet owners The report on the US Flea Control & Heartworm Markets will be available for a purchase price of $7,500. Please contact Dr. Lynn Fondon at (972) 243-4033 or lfondon@brakkeconsulting.com to order the report, or for more information visit our website. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Neogen Corporation announced results for the second quarter of fiscal year
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December 20, 2013
Animal Health News & Notes for December 13, 2013
print version *********************************** Brakke Consulting’s Animal Health News & Notes for December 13, 2013 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news 2014 Industry Overview AnimalHealthJobs.com earnings news Central Garden & Pet Del Monte Eco Animal Health other news Animal Health International (Udder Calm) Animal Health International (equine team) CardioVet Ceva China Animal Healthcare Heska Hygieia Biological Laboratories IDEXX MedaNext Merck Sogeval (Ceva) Sogeval (SAMeLQ) Tyson ************************************ BRAKKE CONSULTING, INC. 2014 INDUSTRY OVERVIEW ONLINE REGISTRATION NOW OPEN Brakke Consulting will present the 2014 US Animal Health Industry Overview twice this winter – once at the North American Veterinary Conference in Orlando, Florida and once at the Western Veterinary Conference in Las Vegas, Nevada. These dates are: • NAVC: Monday, January 20, 2:00 – 4:00 pm, Gaylord Palms. • WVC: Tuesday, February 18, 2:00 – 4:00 pm, Four Seasons. Registration for the Industry Overview at the NAVC and WVC is now open. Seating is very limited this year, so register early! To register, go to www.brakkeconsulting.com and scroll down to the “What’s New” box. The price is $385 per person for online registration; late registration is $425. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Central Garden & Pet Company reported financial results for the fourth
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December 13, 2013
Brakke Consulting to Present Annual Animal Health Industry Overview
Brakke Consulting, Inc. announced plans to present its 2014 Animal Health Industry Overview in Orlando, Fla. at the North American Veterinary Conference on Monday, Jan. 20 and in Las Vegas, Nev. at the Western Veterinary Conference on Tuesday, Feb. 18. Brakke Consulting has been producing and presenting this program for the past two decades. The 2014 Overview covers current stories and issues that are impacting the animal health industry and the veterinary profession, as well as estimates of the size of the animal health market and sales and direction for the leading animal health companies. This year there will be a special focus on pet insurance and wellness plans regarding their impact on veterinary medicine. Ron Brakke, President of Brakke Consulting says, “Our annual overview of the animal health industry has become an important, ’don’t miss’ event for many executives in the animal health industry. They view our insights and industry knowledge as an important resource in their annual planning process.” For more information on registering for this important industry program, visit our website at www.BrakkeConsulting.com. Brakke Consulting, Inc. specializes in the animal health and nutrition sectors. The company is known for providing strategic, timely information for the animal health industry through its syndicated market studies and custom research projects. For more information, contact Jane Morgan, Brakke Consulting, 972-243-4033,
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Animal Health News & Notes for December 6, 2013
print version *********************************** Brakke Consulting’s Animal Health News & Notes for December 6, 2013 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news market research earnings news Krka Group other news Fee Technology B G Chitale Bayer Bioniche Boehringer Ingelheim Eli Lilly Genus Merck Merial Neogen Novartis Patterson Putney VetriMax Viyo International Zoetis ************************************ COMPANY EARNINGS RELEASES > Slovenian generics manufacturer Krka Group reported financial results for the first nine months of 2013. Animal Health revenues were EUR 32 million ($43 million) during the first nine months, a 1% decline compared to the comparable period in the prior year. (Animal Pharm) ************************************ COMPANY NEWS RELEASES > Fee Technology Inc. announced an agreement with Zoetis to bring the company’s Profit Solver software to veterinary practices across the country. Profit Solver provides an effective way to set pricing and labor rates to achieve an identified income level. (DigitalJournal.com) > According to multiple news outlets, Novartis appears to be exploring the possibility of the sale of its animal health subsidiary and has allegedly opened its books to rivals interested in a business that could change hands for more than 3 billion euros ($4.1 billion). Companies mentioned in the news articles include Bayer, Eli Lilly, Merck and
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December 6, 2013
Animal Health News & Notes for November 27, 2013
print version *********************************** Brakke Consulting’s Animal Health News & Notes for November 27, 2013 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news Practice management earnings news Petsmart other news Avacta Cut-Heal DermaZoo Kyjen Manna Pro Petmate Pharmgate ************************************ BRAKKE CONSULTING, INC. VETERINARY PRACTICE MANAGEMENT Veterinary CE Seminars – Providing Value-added Service to Your Customers Is your company is looking for new ways to increase your exposure to current and prospective veterinary customers? Practice Management Consultant Jessica Lee of Brakke Consulting speaks on a wide array of topics that can provide added value to your veterinary customers. Jessica regularly publishes articles in leading veterinary publications. You can read her article on pet insurance in Veterinary Team Brief magazine at http://www.veterinaryteambrief.com/article/obesity-conversation-opportunities For more information on how to book Jessica for speaking engagements, contact her at jglee@brakkeconsulting.com or 919-444-3279. www.BrakkeVPMG.com ************************************ COMPANY EARNINGS RELEASES > PetSmart, Inc. announced financial results for the third quarter of 2013. Total sales for the third quarter of 2013 increased 4% to $1.7 billion. Comparable store sales, or sales in stores open at least a year, grew 3%. Services sales grew 5% to $184 million. Net income totaled $92 million in the third quarter of 2013, compared
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November 27, 2013
Animal Health News & Notes for November 22, 2013
print version *********************************** Brakke Consulting’s Animal Health News & Notes for November 22, 2013 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Brakke Consulting news US Flea Control & Heartworm Markets report – last chance to pre-order Transaction assistance earnings news DS Pharma Nippon Zenyaku Kogyo Patterson Spectrum Brands other news Compan Pharmaceuticals Epitopix Greencross IDEXX Immunovaccine Kindred Biosciences Mammoth Pet Holdings Merck Phibro Vetanco Vireo Systems ************************************ BRAKKE CONSULTING, INC. COMING IN DECEMBER: US FLEA CONTROL & HEARTWORM MARKETS 2013 UPDATE LAST CHANCE TO PRE-ORDER! Brakke Consulting will soon be publishing our 2013 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, and sales for the leading veterinary flea and heartworm products – an overview of the veterinary and OTC flea control markets – discussion of the impact of generic fipronil products – 2013 survey of 300 veterinarians – 2013 survey of 500 pet owners The report on the US Flea Control & Heartworm Markets will be available for a purchase price of $6,995 if ordered by TUESDAY, NOVEMBER 26, and $7,500 after that date. Please contact Dr. Lynn Fondon at (972) 243-4033 or lfondon@brakkeconsulting.com to pre-order the report,
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November 22, 2013
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