Page 44 of 73
Animal Health News & Notes for August 19, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for August 19, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news market research earnings news ImmuCell JBS PetSmart other news Boehringer Ingelheim Vetmedica Cargill Dechra IDEXX Novartis Pegasus Labs Provimi scil Trouw ************************************ BRAKKE CONSULTING, INC. MARKET RESEARCH Throughout the year, Brakke Consulting, Inc., performs market research surveys and studies for client companies. If your firm needs help assessing the feasibility of a new product or technology, identifying the opinions and trends of product consumers, or determining the current market for products, Brakke Consulting, Inc. can build a market study to meet your needs. We have a database in place of several thousand small animal veterinarians and the ability to custom-tailor surveys of other animal health consumers. We also produce syndicated studies in specific animal health market areas. Further information can be found at our website or by calling our Dallas office at 972.243.4033. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > PetSmart reported results for the second quarter of 2010. Total sales for the second quarter of 2011 increased 7% to $1.5 billion. Net income totaled $61 million in the second quarter of 2011, an increase of 27% compared to the
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August 19, 2011
Animal Health News & Notes for August 12, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for August 12, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news recruiting earnings news Balchem Boehringer Ingelheim Vetmedica Nestle Novozymes Spectrum Brands Tyson Foods other news Anacor Pharmaceuticals Elanco Equi-Force Hill’s IDEXX Novartis petMD ************************************ BRAKKE CONSULTING, INC. EXECUTIVE AND SALES FORCE RECRUITING Since 1986 Brakke Consulting, Inc. has successfully assisted many clients in acquiring exceptional employees at all levels, in the many departments of animal health, pet, veterinary and specialty chemical companies. We pre-qualify candidates, allowing clients to choose from a few of the best applicants for a position. Our approach increases the efficiency and effectiveness of the Human Resources Departments of client companies. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Boehringer Ingelheim reported results for the first half of 2011. Sales for Boehringer Ingelheim Vetmedica grew 3% in local currency terms to EUR 468 million ($673 million) in the first half of 2011, attributable primarily to growth in sales of Ingelvac CircoFLEX swine vaccine. (company website) > Nestle reported financial results for the first half of 2011. Pet Care sales were CHF 4.79 billion ($5.7 billion), representing organic growth of 2%. (company press release) > Novozymes reported
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August 12, 2011
Animal Health News & Notes for August 5, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for August 5, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS Brakke news Practice management earnings news Butler-Schein Animal Health Central Garden & Pet Nutreco Pfizer Pilgrim’s Pride other news Bayer Bioniche Complete Petmart Farnam For the Earth Corp. Kat Box King Kennel-Aire Merial PCI Animal Health Petco Petmate Pfizer Plasvacc Holdings Prestige Pet Products SentrX Animal Care Worldwise ************************************ BRAKKE CONSULTING, INC. PRACTICE MANAGEMENT CONSULTANT PUBLISHES ARTICLE ON GROWTH OPPORTUNITIES FOR CLINICS Brakke Consulting is pleased to announce that our practice management consultant, Jessica Lee, has authored an article in the online edition of Veterinary Practice News magazine. “Physical Rehab, Integrative Medicine as Growth Opportunities” discusses how veterinary clinics can add these niche service areas to differentiate themselves from competitors and widen their appeal. To read the article, go to http://www.veterinarypracticenews.com/web-exclusives/physical-rehab-integrative-medicine-as-growth-opportunities.aspx. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Pfizer Inc. reported financial results for the second quarter of 2011. The Animal Health unit reported revenues of $1.055 billion, an increase of 18%, in comparison with the same quarter last year, reflecting the positive impact of $87 million, or 10%. The increase was due to the addition of legacy King/Alpharma products, the favorable
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August 5, 2011
Brakke Announces Expansion of US Consulting Team
Brakke Consulting, Inc. has added Susan Warren to its team of professional consultants. Ms. Warren will take over leadership of the firm’s office in Kansas City effective August 1, 2011. Ms. Warren received her Bachelor of Science in Psychology and Social Work from Washburn University in Topeka, KS. For the past two years Ms. Warren has been operating her own management consulting firm specializing in sales and leadership training, market strategy development, meeting facilitation including customer focus groups for companies and organizations focused on animal health. Ms. Warren has prior management and sales experience with IDEXX Laboratories, Inc., Quest Diagnostics and Ortho Clinical Diagnostics a Johnson and Johnson company. In addition Susan has been very active in her community and has served as a board member for several organizations in the Kansas City area. Ron Brakke, President and founder of the company, comments, “We believe that Susan’s 25+ years of experience in the diagnostics area will be beneficial for our clients that are either participating in or entertaining entering the rapidly growing animal health market place. Susan brings a wealth of experience in the Sales Management, Strategic Planning, Program Development, and Training areas. We believe the insights of the Brakke Consulting Studies can be combined into a Sales Training Model that will be unique for our many manufacturer and distributor
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July 29, 2011
Animal Health News & Notes for July 29, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for July 29, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news new consultant joins Brakke earnings news Abaxis Bayer Heska Hill’s Merck Merial MWI Neogen Provimi Ridley VCA Antech other news Allflex Amlan International Boehringer Ingelheim Vetmedica Bremer Pharma Dechra Veterinary Products Destron Fearing Digital Angel Elanco Entest Biomedical Merck Standard Process Veterinary Products Laboratories Zydus ************************************ BRAKKE CONSULTING, INC. SUSAN WARREN JOINS BRAKKE TEAM Brakke Consulting is pleased to announce the addition of Susan Warren to its team of professional consultants. Ms. Warren has prior management and sales experience with IDEXX Laboratories, Inc., Quest Diagnostics and Ortho Clinical Diagnostics, a Johnson and Johnson company. For the past two years Ms. Warren has been operating her own management consulting firm specializing in sales and leadership training, market strategy development, meeting facilitation including customer focus groups for companies and organizations focused on animal health. Ms. Warren will take over leadership of the firm’s office in Kansas City effective August 1, 2011. She can be reached at 913-631-2666 or swarren@brakkeconsulting.com. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Merck, known as MSD outside the US and Canada, announced financial results for the second quarter
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Animal Health News & Notes for July 22, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for July 22, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news practice management earnings news ECO Animal Health Elanco IDEXX PetMed Express Vétoquinol Virbac other news BioPet Vet Lab BioVeteria Life Sciences DNA World Pet Registry Merck Merial (Certifect) Merial (Sergeant’s) Neogen Sergeant’s Zurex PharmAgra ************************************ BRAKKE CONSULTING, INC. KNOW YOUR CUSTOMER A knowledgeable sales representative is a successful one. Brakke Consulting’s practice management consultant can educate industry sales personnel on the issues currently being faced by veterinary practices, and suggest ideas for how they can gain a foothold in these practices by offering non-product recommendations and services. For more information, contact Jessica Lee at jglee@brakkeconsulting.com or 919.444.3279. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Eli Lilly and Company announced financial results for the second quarter of 2011. Sales of animal health division Elanco were $390 million, an increase of 20% compared with the second quarter of 2010. (company press release) > Virbac SA reported results for the second quarter of 2011. Sales were EUR 155 million ($223 million), an increase of 4% compared to the comparable period in the prior year (7% at constant exchange rates). Growth was driven in particular
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July 22, 2011
Bayer/Brakke Study Reveals Gaps in Perception of Veterinary Care Between Vets and Pet Owners
Important Opportunities for Veterinarians to Invigorate their Pet Owner Relationships are Presented Shawnee, Kan. July 18, 2011 – While much has been reported about an end to the ongoing recession in the U.S., the impact is still being felt in the veterinary community. Fifty-one percent of veterinarians reported a net decrease in patient visits over the last two years, while 42 percent said that revenues decreased in 2010 as compared to 2009. This decline continues a trend that has been documented over the last decade, even while the number of dogs and cats has increased in the U.S. Yet in spite of these issues, there are steps veterinarians can take to reverse the trend and improve pet health, according to a new study regarding the demand for veterinary services announced today at the annual convention of the American Veterinary Medical Association. Called the Bayer Veterinary Care Usage Study, the research was conducted by Bayer HealthCare LLC, Animal Health Division in cooperation with Brakke Consulting and the National Commission on Veterinary Economic Issues (NCVEI). Results announced today were from the second major phase of the research, a national study among veterinarians. Results from an earlier stage national study of pet owners were announced in January. Keeping Pets Healthy The study confirms that there is a gap in knowledge between pet owners
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July 18, 2011
Animal Health News & Notes for July 15, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for July 15, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news Brakke Consulting at AVMA other news Beijing Ceva Huadu Biological Bimeda BrightHeart CAG Huadu Group Ceva IAMS Innovotech Medical Australia Ltd Medivet Merial North American Compendiums Shijiazhuang Rainbow Laboratories Spectrum Labs VCA (BrightHeart) VCA (Vetstreet) Veterinary Advantage Vetstreet VetTree ************************************ BRAKKE CONSULTING, INC. Brakke Consulting at AVMA Impact of CareCredit Payment Plans on Veterinary Practices John Volk, Senior Consultant, Brakke Consulting Sunday, July 17, 7:00-7:45 AM Renaissance Grand Hotel, Majestic Salons F & G Bayer Veterinary Care Usage Study, Phase 2 Dr. Cristiano von Simson, Bayer Animal Health, John Volk, Brakke Consulting and Dr. Karen Felsted, NCVEI Mon, July 18, 2011, 5:00 – 7:00 PM America’s Center – Room 276 www.BrakkeConsulting.com ************************************ COMPANY NEWS RELEASES > Merial introduced Zactran (gamithromycin), a prescription, ready-to-use solution for the treatment of BRD associated with Mannheimia haemolytica, Pasteurella multocida and Histophilus somni in beef and non-lactating dairy cattle. (company press release) > IAMS announced the addition of two new dog food recipes, Sensitive Naturals and Simple & Natural. These two new products join IAMS Healthy Naturals, launched in 2007. (Business Wire) >
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July 15, 2011
Animal Health News & Notes for July 8, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for July 8, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news strategic planning other news Bioniche Cipla Elanco FidoPharm Innovacyn Janssen Merial Pfizer Plasvacc Velcera ************************************ BRAKKE CONSULTING, INC. STRATEGIC PLANNING ASSISTANCE Brakke Consulting is an excellent resource in the strategic planning process. Brakke Consulting’s past assistance in strategic planning has included: – benchmarking various functions against company competitors in the larger markets, which might include sales force size, technical services, and/or R&D spend vs. sales – reviewing the timing of various new product introductions versus probable timing of competitive introductions, and estimating the impact of various scenarios Brakke Consulting can provide insights and professional assistance that improves the likelihood of success. Please contact us if you would like the benefit of professional assistance in any of these areas. Contact information for all offices are available on our website at www.BrakkeConsulting.com ************************************ COMPANY NEWS RELEASES > Pfizer Inc. announced that it is exploring strategic alternatives for its Animal Health and Nutrition businesses based on its recent business portfolio review to determine the optimal mix of businesses for maximizing shareholder value. The company is considering options that may include, among others,
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July 8, 2011
Animal Health News & Notes for July 1, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for July 1, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news recruiting other news Cipla Garmin IDEXX Intervet/Schering-Plough Merck Animal Health Merial MSD Animal Health Novus Pfizer RenovoCyte Synbiotics Tri-Tronics Velcera Verenium ************************************ BRAKKE CONSULTING, INC. EXECUTIVE AND SALES FORCE RECRUITING Since 1986 Brakke Consulting, Inc. has successfully assisted many clients in acquiring exceptional employees at all levels, in the many departments of animal health, pet, veterinary and specialty chemical companies. We pre-qualify candidates, allowing clients to choose from a few of the best applicants for a position. Our approach increases the efficiency and effectiveness of the Human Resources Departments of client companies. For more information, visit our website. www.BrakkeConsulting.com ************************************ COMPANY NEWS RELEASES > Merial announced that the US District Court has ruled that Merial’s US patent covering Frontline Plus is valid and the PetArmor Plus products infringe the patent. The court ruled that Cipla Ltd. and Velcera Inc. were aware that their sales of PetArmor Plus products infringed Merial’s patent and barred those 2 companies from further sales of these products in the US. The court ordered the seizure of any existing inventory in the US; a hearing will be
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July 1, 2011
Animal Health News & Notes for June 24, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for June 24, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news practice management earnings news Del Monte other news AgriLabs BioPet Vet Lab Exiqon A/S IDEXX Mars Veterinary Neogen PetSafe SmartVet VeroMara Vetoquinol ************************************ Correction: last week’s item on the online availability of USDA’s online pet food health certificates was incorrectly reported on the source site. The new certificates only affect products containing animal by-products and of those, only products entering the European market. ************************************ BRAKKE CONSULTING, INC. VETERINARY C.E. SEMINARS If your company is looking for new ways to increase your exposure to current and prospective customers, consider sponsoring Continuing Education opportunities. Brakke Consulting’s practice management consultant offers speaking engagements and seminars for veterinarians on a wide array of topics. For more information, contact Jessica Lee at jglee@brakkeconsulting.com or 919.444.3279. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Del Monte Foods reported results for the fourth quarter of fiscal 2010 ended May 1, 2011. Pet Products net sales were $465 million, an increase of 4% over net sales of $447 million in the prior year period. (Business Wire) ************************************ COMPANY NEWS RELEASES > AgriLabs announced that the company has
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June 24, 2011
Animal Health News & Notes for June 17, 2011
printer friendly version Brakke Consulting’s Animal Health News & Notes for June 17, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news transaction assistance earnings news Smithfield Foods other news Animal Health International Bayer Hendrix Genetics Innovotech Intervet/Schering-Plough Laboratorias Hipra Lextron Lithgows Merial ************************************ BRAKKE CONSULTING, INC. LICENSING, ACQUISITION, DIVESTITURE Are you interested in growing your business by purchasing another company, product line or technology? Have you been thinking about selling your company, product line or technology? Have you considered merging your company with another firm to improve shareholder value? Brakke Consulting, Inc. assisted many clients with licensing transactions, mergers, acquisitions and divestitures over the last few years. For more information, you can find contact information for all offices on our website at www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Smithfield Foods Inc. reported results for its fiscal 2011 year ended May 1. Full-year income was $521 million on sales of $12.2 billion, versus a loss of ($101 million) on sales of $11.2 billion in its previous year. More than two-thirds of profits were earned in the pork business segment. (Feedstuffs) ************************************ COMPANY NEWS RELEASES > Merial announced the US Patent and Trademark Office (USPTO) reconfirmed the patentability of formulation claims covering
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June 17, 2011
Animal Health News & Notes for June 10, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for June 10, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news practice management earnings news KMG Chemicals other news Abaxis ADM Alliance Nutrition Alpharma Animal Health International Bayer Cattleman’s Choice Loomix Farmagricola SA Lextron Meridian Animal Health Neogen Novartis Pfizer Vetoquinol ************************************ BRAKKE CONSULTING, INC. KNOW YOUR CUSTOMER A knowledgeable sales representative is a successful one. Brakke Consulting’s practice management consultant can educate industry sales personnel on the issues currently being faced by veterinary practices, and suggest ideas for how they can gain a foothold in these practices by offering non-product recommendations and services. For more information, contact Jessica Lee at jglee@brakkeconsulting.com or 919.444.3279. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > KMG Chemicals, Inc. announced financial results for its fiscal third quarter ended April 30, 2011. Net sales of animal health products in the third fiscal quarter were flat at $3.2 million compared to the prior year period. (Business Wire) ************************************ COMPANY NEWS RELEASES > Pfizer Animal Health, with its Alpharma subsidiary, announced that it will suspend sales of its 3-Nitro brand roxarsone medicated feed additive in response to an FDA request based on a study FDA conducted using new methodology for testing
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June 10, 2011
Animal Health News & Notes for June 3, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for June 3, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news AnimalHealthJobs.com other news Control Solutions Makhteshim Agan Group Matrix Animal Health Oasmia Pharmaceutical Synbiotics ************************************ BRAKKE CONSULTING, INC. OVER 100 POSTINGS AT ANIMALHEALTHJOBS.COM AnimalHealthJobs.com, the premier online job board for the animal health industry, is pleased to report reaching an all-time high in jobs posted. Additionally, the site’s resume database contains over 14,000 registered and pre-screened job seekers with animal or human health and nutrition backgrounds. Whether you’re an employer looking for candidates or a job seeker, shouldn’t you take a look? www.AnimalHealthJobs.com *********************************** COMPANY NEWS RELEASES > Synbiotics Corporation announced that the USDA has granted full USDA approval for marketing and distribution of Flu Detect BE. The kit is an in-vitro, multispecies Enzyme Linked ImmunoSorbent Assay (ELISA) designed to aid in the qualitative detection of antibody to avian influenza in chicken and turkey sera. The assay detects all 16 subtypes of avian influenza. (company press release) > The Makhteshim Agan Group (MAI) and its affiliate Control Solutions, Inc. announced the launch of Prefurred fipronil flea & tick control for companion animal use. The launch follows grant of EPA registration obtained
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June 3, 2011
Animal Health News & Notes for May 27, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for May 27, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news recruiting earnings news PetMed Express Sanderson Farms Webster Veterinary Supply other news Aurora Ballance Agri-Nutrients Bimeda Boehringer Ingelheim Vetmedica Eurocine Vaccines Eurovet McAllister Software Mogivet Farmaceutica Seales Teva Winslow Feeds ************************************ KC ANIMAL HEALTH INVESTMENT FORUM AUGUST 30, 2011 NOW ACCEPTING APPLICATIONS The KC Animal Health Corridor is now accepting applications for the third annual KC Animal Health Investment Forum in Kansas City, Missouri. The forum will showcase animal health and nutrition companies from throughout the world. The selection committee will consider companies that meet the following criteria: • Seeking $500,000 to $20 million in funding • Revenue projections of $20 million within 5-7 years Applications must be submitted by June 24, 2011. All companies will be contacted by July 22 regarding their acceptance. To apply online, go to http://www.kcanimalhealthforum.com/apply.php or contact Chris Walsh at cwalsh@stlrcga.org. ************************************ COMPANY EARNINGS RELEASES > Patterson Companies, Inc. reported consolidated results for fiscal 2011 ended April 30. Full year sales for Webster Veterinary increased 5% to $675 million. (company website) > PetMed Express, Inc. announced its financial results for the fiscal year ended
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May 27, 2011
Animal Health News & Notes for May 20, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for May 20, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news transaction assistance earnings news Digital Angel ImmuCell PetSmart other news Alstoe Hartz scil Sumitomo Unicharm ************************************ BRAKKE CONSULTING, INC. TRANSACTION ASSISTANCE SERVICES Are you interested in growing your business by purchasing another company, product line or technology? Have you been thinking about selling your company, product line or technology? Have you considered merging your company with another firm to improve shareholder value? Brakke Consulting, Inc. has assisted many clients with mergers, acquisitions and divestitures. For more information on our transaction assistance services please visit our website. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > ImmuCell Corporation announced the results of its operations for the quarter ended March 31, 2011. Product sales were $1.6 million, an increase of 19% compared to the same period in 2010. The net loss was ($23,000) in comparison to a net loss of ($53,000) during the same period in 2010. (company press release) > Digital Angel reported results for the first quarter of 2011. Total revenues were $9.8 million, a decline of 10% compared to the prior year. (company website) > PetSmart, Inc. reported that
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May 20, 2011
Animal Health News & Notes for May 13, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for May 13, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ JUMP TO: Brakke news market research earnings news Animal Health Int’l Bioniche JBS SA Spectrum Brands OurPet’s Company Tyson other news Abaxis Acrux Allflex American Dehydrated Food Destron Fearing Digital Angel Elanco Kemin R&D LifeSciences ************************************ BRAKKE CONSULTING, INC. MARKET RESEARCH SERVICES Throughout the year, Brakke Consulting, Inc., performs market research surveys and studies for client companies. If your firm needs help assessing the feasibility of a new product or technology, identifying the opinions and trends of product consumers, or determining the current market for products, Brakke Consulting, Inc. can build a market study to meet your needs. Further information can be found at our website or by calling our Dallas office at 972.243.4033. www.BrakkeConsulting.com ************************************ COMPANY EARNINGS RELEASES > Bioniche Life Sciences Inc. announced financial results for the third quarter of its 2011 fiscal year ended March 31, 2011. Consolidated revenues related to Bioniche Animal Health product sales for the third quarter were $7.2 million, as compared to $6.1 million in the third quarter of fiscal 2010. (PRNewswire) > Animal Health International, Inc. reported its financial results for the Company’s third fiscal
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May 13, 2011
Animal Health News & Notes for May 6, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for May 6, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news market research earnings news Butler Schein Central Garden & Pet Heska MWI Pfizer Pilgrims Pride Ridley other news Antech Bioniche Church & Dwight GenVec Heska Manna Pro McAllister Merial Nature’s Earth Products North American Compendiums Rapid Diagnostek Summit Industries ************************************ KC ANIMAL HEALTH INVESTMENT FORUM AUGUST 30, 2011 NOW ACCEPTING APPLICATIONS The KC Animal Health Corridor is now accepting applications for the third annual KC Animal Health Investment Forum in Kansas City, Missouri. The forum will showcase animal health and nutrition companies from throughout the world. The selection committee will consider companies that meet the following criteria: • Seeking $500,000 to $20 million in funding • Revenue projections of $20 million within 5-7 years Applications must be submitted by June 24, 2011. All companies will be contacted by July 22 regarding their acceptance. To apply online, go to http://www.kcanimalhealthforum.com/apply.php or contact Chris Walsh at cwalsh@stlrcga.org. ************************************ COMPANY EARNINGS RELEASES > Pfizer Inc. reported financial results for the first quarter of 2011. Animal Health unit revenues were $982 million, an increase of 16% compared to the first quarter of 2010. Revenues were
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May 6, 2011
Animal Health News & Notes for April 29, 2011
printer friendly version ************************************ Brakke Consulting’s Animal Health News & Notes for April 29, 2011 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM MBA ************************************ IN THE NEWS: Brakke news recruiting earnings news Abaxis Bayer Intervet/Schering-Plough Merial VCA Antech other news Abbott Bayer Best Veterinary Solutions Ceva Edan Instruments IDEXX Intervet/Schering-Plough Intrexon Leading Edge Veterinary Equipment Novartis Pfizer Sergeant’s ************************************ BRAKKE CONSULTING, INC. MERGER, ACQUISITION, DIVESTITURE ASSISTANCE In the past year, Brakke Consulting has been the finder of record, agent of record or consultant for several projects that have closed. We have assisted with valuations and due diligence on confidential transactions, and provided executive counsel on a number of potential transactions. Brakke Consulting has the experience, insight, abilities, and contacts that provide our clients with the highest quality services in the animal health, pet, veterinary, and specialty chemicals markets. Please contact any of our offices for a confidential consultation on our range of services. Contact information for all offices are available on our website at www.BrakkeConsulting.com. ************************************ COMPANY EARNINGS RELEASES > Sanofi-aventis reported results for the first quarter of 2011. First-quarter net sales of Merial totaled EUR 594 million ($837 million), an increase of 12%. Sales of companion animals were sustained by the Frontline family, where good performance of this brand
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April 29, 2011
Brakke Celebrates 25 Years of Helping Animal Health Companies Adapt to Change
This month Brakke Consulting, Inc. celebrates 25 years in business. Now the leading consultancy in the animal health and nutrition industries, the firm established by Ron Brakke in 1986 has witnessed tremendous change. For example: • In 1986, the five largest animal health companies represented 20% of the industry; today the top 5 account for 60%. • In 1986, food animal products accounted for over 85% of the global market; today they represent about half. • In 1986, medicinal feed additives for livestock were 50% of the US market; today they represent 11%. “The timing was fortuitous,” Brakke says. “During our time in business the animal health industry has transitioned from largely an agricultural industry to one driven primarily by growth in the companion animal market. “In 1986, none of the major heartworm, flea-tick or pain management drugs were on the market. Today they are the leading products in the industry. As the market shifted it created tremendous opportunities for expert assistance,” Brakke says. Before starting his consultancy, Brakke was president of Zoecon Industries, a supplier of insecticides for livestock and pets. Under his leadership Zoecon grew from $15 million in sales in 1975 to $125 million in 1985. Its parent company sold Zoecon in 1983. Brakke stayed with the company for two years, then left to seek new challenges. “When I launched
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April 22, 2011
Page 44 of 73
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