Page 53 of 72
Animal Health News & Notes for November 17, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for November 17, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Bioniche Gold Kist PetSmart Pilgrim’s Pride Ridley Seaboard Spectrum Brands Tyson other news Embrex Merial Novartis Pfizer Synbiotics Virbac (merger) Virbac (Iverhart Max) ******************************************************************* COMING IN DECEMBER: 2006 US FLEA CONTROL AND HEARTWORM MARKETS ORDER NOW FOR EARLY-BIRD DISCOUNT Brakke Consulting will be publishing our latest annual report on the US Flea Control and Heartworm Markets in December. The report will include the following valuable information: – Information on a number of new products expected to enter the market in 2007 – Up-to-date pricing and sales data on the leading products – Advertising budgets for flea and heartworm products – Opinion survey of small animal veterinarians The report on the US Flea Control & Heartworm Markets will be available for a purchase price of $4,500 if ordered BEFORE DECEMBER 1, and $4,995 after that date. Please contact Dr. Lynn Fondon at (972) 243-4033 or lfondon@brakkeconsulting.com to pre-order the report or for more information. ****************************************************************** COMPANY EARNINGS RELEASES > PetSmart, Inc. reported net income of $31.7 million for the third fiscal quarter of 2006. That compares with net income of
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November 17, 2006
Animal Health News & Notes for November 10, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for November 10, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Digital Angel Embrex eMerge Interactive Heska MWI Peptech other news Elanco Lipid Sciences Micro Beef Technologies PetMed Express Pfizer (periodontitis vaccine) Pfizer (Convenia) Vetoquinol Virbac ******************************************************************* COMING IN DECEMBER: 2006 US FLEA CONTROL AND HEARTWORM MARKETS ORDER NOW FOR EARLY-BIRD DISCOUNT Brakke Consulting will be publishing our latest annual report on the US Flea Control and Heartworm Markets in December. The report will include the following valuable information: – Information on a number of new products expected to enter the market in 2007 – Up-to-date pricing and sales data on the leading products – Advertising budgets for flea and heartworm products – Opinion survey of small animal veterinarians The report on the US Flea Control & Heartworm Markets will be available for a purchase price of $4,500 if ordered BEFORE DECEMBER 1, and $4,995 after that date. Please contact Dr. Lynn Fondon at (972) 243-4033 or lfondon@brakkeconsulting.com to pre-order the report or for more information. ****************************************************************** COMPANY EARNINGS RELEASES > MWI Veterinary Supply, Inc. announced financial results for its fourth quarter and fiscal year ended September 30, 2006. Total
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November 10, 2006
Animal Health News & Notes for November 3, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for November 3, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* JUMP TO: earnings news Alpharma Premium Standard Farms other news Boehringer Ingelheim Vetmedica Farnam (feed) Farnam (tag reader) IVX Animal Health Labogroup Virbac ******************************************************************* COMPANY EARNINGS RELEASES > Alpharma Inc. announced results for the third quarter 2006. Animal Health revenues increased 10% to $88 million compared to $80 million in 2005. Revenue growth was primarily driven by strong sales in the US livestock market and Europe. (company press release) > Premium Standard Farms, reported results for its second quarter ended September 23, 2006. Sales rose 3% to $220 million from $213 million last year. Net profits dropped by two-thirds in the second quarter to $4.3 million from $12.2 million in the previous year. (Meating Place) ****************************************************************** BRAKKE CONSULTING, INC. SIGN UP NOW TO ATTEND Brakke Consulting’s 2007 INDUSTRY OVERVIEW Brakke Consulting will once again be presenting our 2007 Industry Overview at the North American Veterinary Conference and the Western Veterinary Conference. NAVC The 2007 Industry Overview will be presented on Monday, January 15 from 2:00 pm – 4:00 pm at the Gaylord Palms. WVC The 2007 Industry Overview will be presented on Monday,
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November 3, 2006
Animal Health News & Notes for October 27, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for October 27, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news ABAXIS Genus Hill’s IDEXX Maple Leaf PetMed Express VCA Antech other news BCP Veterinary Pharmacy Dansk Svineproduktion EasyTrac-ID IDEXX Kacey Lifescience Plus Norsvin Ovasort Pennfield Pet Health Solutions PETCO Schering-Plough ******************************************************************* COMPANY EARNINGS RELEASES > IDEXX Laboratories, Inc. reported that revenue for the third quarter of 2006 increased 19% to $187 million from $158 million for the third quarter of 2005. Companion Animal Group (“CAG”) revenue for the third quarter of 2006 increased 19% to $153 million from $129 million for the third quarter of 2005 due to higher sales in all CAG product and service categories, with the largest growth in revenue dollars from laboratory and consulting services and from instruments and consumables. (company website) > Colgate-Palmolive Company announced results for third quarter 2006. Hill’s sales and unit volume grew 10.5% and 5.5%, respectively, to a third quarter record level of $414 million. Operating profit increased 8% to a record level during the quarter after a strong double-digit increase in advertising. (company press release) > PetMed Express, Inc. announced its financial results for the quarter ended September 30, 2006. Net income
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October 27, 2006
Animal Health News & Notes for October 23, 2006 – 7th Anniversary Edition
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for October 23, 2006 Special Anniversary Edition Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* ANIMAL HEALTH NEWS & NOTES MARKS SEVEN-YEAR ANNIVERSARY Dear Subscribers: Time flies when you’re having fun. It’s had to believe that we have been producing the weekly newsletter for 7 years. That is 364 issues plus some additional special newsletters. We believe our newsletter is one of the most well-read in the industry, reaching several thousand individuals in the animal health industry. We appreciate the newsmakers for providing us with material. I must also thank Dr. Lynn Fondon as the editor of the newsletter. She always has it ready for our firm’s comments the end of each week. Please recommend the newsletter to your friend and colleagues. It’s a great value!! Thanks for being a subscriber! Ron Brakke ******************************************************************* BRAKKE CONSULTING, INC. Serving the Worldwide Animal Health and Pet Care Industries Providing a complete range of consulting services, including: > General Management Consulting > Mergers, Acquisitions, Divestitures, Licensing > Industry Information and Market Research > Executive and Managerial Search > Veterinary Practice Management * Headquartered in Dallas, TX (972) 243-4033 * Other US Offices in
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October 23, 2006
Animal Health News & Notes for October 20, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for October 20, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Elanco Fort Dodge ImmuCell Intervet Merial Nestle Pfizer Schering-Plough other news Agil Butler Divergence eMerge Interactive Gold Kist IVESCO Kiotech International Lawrence Merial Micro Beef Technologies Micro Dairy Logic Novartis Pilgrim’s Pride Prairie Orchard Farms PRIME BioSolutions Sankyo Lifetech ******************************************************************* COMPANY EARNINGS RELEASES > Pfizer reported results for the third quarter of 2006. Animal Health revenues were $562 million, an increase of 12% compared to the third quarter of 2005. Revenues for the first nine months of the year were $1.66 billion, an increase of 5% compared to the comparable period in the prior year. (PR Newswire) > Merck announced results for the third quarter of 2006. Third quarter sales for joint venture Merial were $534 million, an increase of 4% compared to the third quarter of 2005. Sales for the first nine months of 2006 were $1.71 billion, a 12% increase compared to the first nine months of 2005. (company website) > Akzo Nobel announced results for the third quarter of 2006. Revenues at Intervet were steady at EUR 276 million ($350 million). Intervet continued to enjoy substantial autonomous growth of
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October 20, 2006
Animal Health News & Notes for October 13, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for October 13, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news TW Medical other news Animal Health International BASF Fetch Genetic Savings & Clone Gold Kist Intervet Labogroup Maple Leaf Foods National Beef Pedigree PetPlan Insurance Pilgrims Pride S&M Nutec Strategic Solutions International Swift & Co. Tyson Foods Vet-Stem Veterinary Products Laboratories Virbac Walco ******************************************************************* COMPANY EARNINGS RELEASES > TW Medical Veterinary Supply reported continued strong sales performance in the third quarter. Net sales for the quarter ended September 30, 2006, totaled $4.8 million, an increase of 19% from the same quarter last year. Year-to-date sales through quarter-end were $13.8 million, an increase of 24% compared to the same period in 2005. (company press release) ****************************************************************** AnimalHealthJobs.com Over 80 Industry Positions listed! Have you visited www.AnimalHealthJobs.com lately to see if this is where you should be posting your company’s open positions? We currently receive over 4,000 hits per week from industry personnel. AnimalHealthJobs.com provides animal health companies with a cost-effective way to reach professionals with industry experience or interest. www.animalhealthjobs.com ******************************************************************* COMPANY NEWS RELEASES > Intervet will supply the UK with ten million doses of avian influenza vaccine following
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October 13, 2006
Animal Health News & Notes for October 6, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for October 6, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* JUMP TO: earnings news Bioniche Evialis Swift & Co. other news AgInfoLink Avant Immunotherapeutics Bayer ConAgra Foods Intervet Janssen Hartville Group Lohmann Animal Health Peptech Pfizer Smithfield ******************************************************************* COMPANY EARNINGS RELEASES > Bioniche reported results for the fiscal year ended June 30, 2006. Sales for the year were flat at C$27 million (US$24 million), with net loss for the year of (C$1.1 million). (CNW) > Evialis announced results for the first half of 2006. The company saw revenues of EUR 316 million ($404 million) in the first half of the year, as compared with EUR 307.6 million in the same period in the previous year. However, on a like for like basis, revenues for the first half of the year fell to EUR 301.9 million. (Animal Pharm) > Swift & Co. reported its sales rose 8% to $2.59 billion and its profit before income taxes, depreciation and amortization rose 84% to $53 million in its first quarter, ended Aug. 27. Most of the improvement was due to Swift’s beef business, which saw sales rise 12% to $1.57 billion. (Meating Place) ****************************************************************** BRAKKE CONSULTING EXECUTIVE
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October 6, 2006
Animal Health News & Notes for September 29, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for September 29, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Neogen other news Alpharma Animal Health International AplaGen Bayer Gold Kist IVX Animal Health NBTY Pilgrims Pride SmartPak Sparhawk Labs Zila Nutraceuticals ******************************************************************* COMPANY EARNINGS RELEASES > Neogen Corporation announced that its revenues for the first quarter of FY 2007, which ended Aug. 31, increased 21% from the previous year’s first quarter to $20.2 million. First quarter net income increased 21% to $2.4 million, a record net income in any quarter for the 24-year-old company. Neogen’s Animal Safety Division first quarter revenues were $8.8 million, compared to $9.1 million in the previous fiscal year. Last year’s first quarter included substantial rodenticide sales. The prior year’s first three months also saw large stocking orders of vitamin injectables, biologics, and a wound care product that gained FDA approval for sale in the quarter, that were not replicated in the current quarter. (company press release) ****************************************************************** BRAKKE CONSULTING, INC. EQUINE MARKET MEGA-STUDY Last Chance For Early Order Savings The Equine Market Mega-Study, a comprehensive study of horse owner buying and decision-making behavior, will soon get underway. This first-of-a-kind survey examines horse owner purchases by
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September 29, 2006
Animal Health News & Notes for September 22, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for September 22, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: other news Bio-Medical Services Del Monte Pfizer Premium Standard Farms Smithfield ****************************************************************** BRAKKE CONSULTING, INC. EQUINE MARKET MEGA-STUDY Order now and SAVE! The Equine Market Mega-Study, a comprehensive study of horse owner buying and decision-making behavior, will soon get underway. This first-of-a-kind survey examines horse owner purchases by equine segment. Based on more than 1,000 respondents in a random national survey, the report covers purchasing frequency by brand and by type of sales outlet, including veterinarians, Internet suppliers, catalogs, event exhibitors and brick-and-mortar retail stores. The study tracks purchases of individual brands in such product categories as: – Dewormers – Insect control – Feed and treats – Skin and coat care – Liniments and other muscle treatments – Ulcer prevention and treatment – Wound care – Supplements of all kinds – Vaccines – Pain management and other medications The study also measures readership of individual equine publications and websites, as well as use of equine radio and television programming as information sources. The report also includes a wealth of information on
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September 22, 2006
Animal Health News & Notes for September 15, 2006
printer friendly version Brakke Consulting’s Animal Health News & Notes for September 15, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: other news Biogal Cipla Echo Healthcare Acquisition Evialis Golden VetPath IDEXX Intervet Merial Nutreco Pet DRx Trouw Nutrition France XLNT Veterinary Care ****************************************************************** BRAKKE CONSULTING, INC. EQUINE MARKET MEGA-STUDY Order now and SAVE! The Equine Market Mega-Study, a comprehensive study of horse owner buying and decision-making behavior, will soon get underway. This first-of-a-kind survey examines horse owner purchases by equine segment. Based on more than 1,000 respondents in a random national survey, the report covers purchasing frequency by brand and by type of sales outlet, including veterinarians, Internet suppliers, catalogs, event exhibitors and brick-and-mortar retail stores. The study tracks purchases of individual brands in such product categories as: – Dewormers – Insect control – Feed and treats – Skin and coat care – Liniments and other muscle treatments – Ulcer prevention and treatment – Wound care – Supplements of all kinds – Vaccines – Pain management and other medications The study also measures readership of individual equine publications and websites, as well as use of equine radio and television programming as information sources.
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September 15, 2006
Animal Health News & Notes for September 8, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for September 8, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Dechra other news AFB International Associated Feed & Supply Bimeda (Material Tecnic) Bimeda (Genevet) Cross Vetpharm Depharvet Divasa Farmavic Fatro Genevet Intervet Laboratoires Biove Material Tecnic Mitsui NuPetra NuSci Laboratories NutriScience Technologies (Provimi) NutriScience Technologies (AFB) Nutrius Nutro Provimi Sogeval Virtus WDT ******************************************************************* COMPANY EARNINGS RELEASES > Dechra Pharmaceuticals PLC reported results for its fiscal year ended June 30, 2006. Revenues for the year were GBP 232 million ($421 million), a 10% increase compared to fiscal year 2005. Pharmaceuticals sales were GBP 23 million ($42 million), a 9% increase compared to FY 2005. (company website) ****************************************************************** 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 only from 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 NEWS RELEASES > Intervet announced that it has been granted an
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September 8, 2006
Animal Health News & Notes for September 1, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for September 1, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Bayer Del Monte Ridley Spectrum Brands other news Altana AspenBio Bioniche Sloten Sparhawk Labs Synbiotics Trouw Y-Tex ******************************************************************* COMPANY EARNINGS RELEASES > Bayer reported results for the second quarter of 2006. The Animal Health division reported an increase of 10% to EUR 252 million ($316 million), benefiting primarily from strong growth in the Advantage product family in North America. (company website) > Ridley Inc. reported results for the fiscal year ended June 30, 2006. Sales were US$506 million, an increase of 6% compared to FY 2005. All of Ridley’s businesses reported increased sales volume, although the Sweetlix business’ increase was attributable to 12-months sales in FY 2006 compared to 11-months sales in FY2005 when the business was acquired. (company website) > Del Monte Foods reported net sales for the first quarter of fiscal 2007 ended July 30, 2006. Pet Products net sales were $254 million, an increase of 30% over net sales of $194 million in the prior year period. The increase was driven by the Meow Mix and Milk-Bone acquisitions. (company website) > Spectrum Brands, Inc. announced financial results for
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September 1, 2006
Animal Health News & Notes for August 25, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for August 25, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Dainippon Sumitomo Nestle Smithfield Swift Synbiotics Teva (IVX/Abic) Webster other news Alstoe Bramton Genitrix Gold Kist Intervet (Zilmax) Intervet (Vista) Pilgrims Pride Tame Products ******************************************************************* COMPANY EARNINGS RELEASES > Dainippon Sumitomo Pharma reported a decline in net sales of its animal science division, in fiscal 2005 ending March 31, 2006. Sales decreased by 3.3% to YEN 26.4 billion (US$249 million) compared with last year. The company said that the decrease was mainly due to the termination of its distribution agreement with Merial Japan on small animal products, including Cardomec (ivermectin) and Enacard (enalapril), in 2004. (Animal Pharm) > Synbiotics Corporation announced that it recorded a 7% increase in revenues for the first six months of 2006 compared with the same period in 2005. Revenues for the first six months totaled $10.8 million compared with $101 million for the same period last year. Sales growth was led by the company’s avian influenza line. (company press release) > Teva reported that revenues for its animal health business were $78 million for the first half of 2006. Teva’s animal health business includes IVX
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August 25, 2006
Animal Health News & Notes for August 18, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for August 18, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Biopure Cargill Hartville Group PETCO PetSmart Virbac Corp. other news Allflex Catapult Systems M. Cassab Nestle Purina Petcare PETCO Pfizer Webster ******************************************************************* COMPANY EARNINGS RELEASES > Virbac Corp reported record second quarter revenues of $25 million, an increase of 13% on the second quarter of 2005. Net income for the quarter was $3.2 million, compared to net income of $2.2 million in the second quarter of 2005. (company press release) > PetSmart, Inc. reported net income of $34.6 million for the second fiscal quarter of 2006, compared with net income of $35.7 million for the second quarter of fiscal 2005. Net sales for the second quarter of 2006 were $1.0 billion, compared to $899 million for the same period in 2005, and comparable store sales grew 4.9% in the second quarter. Pet services sales were $98.1 million, up 28% from the same period last year. PetSmart opened 22 new stores and closed one location during the second quarter of 2006. (Business Wire) > PETCO Animal Supplies, Inc. reported net sales of $531.1 million in the second quarter of fiscal 2006, an increase
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August 18, 2006
Animal Health News & Notes for August 11, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for August 11, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Boehringer Ingelheim Vetmedica Embrex eMerge Interactive Gold Kist OurPet’s Company Provimi other news AgInfoLink Benchmark Biolabs Cattlemen’s Choice Loomix eMerge Interactive Genitrix Hamilton Products Mars MGP Ingredients MiracleCorp Novartis Pfizer (AgInfoLink) Pfizer (eMerge) Phytopharm Rockway Sara Lee S&M NuTec Smithfield Foods Virbac Zinpro ******************************************************************* COMPANY EARNINGS RELEASES > Boehringer Ingelheim reported financial results for the first half of 2006. The Animal Health business continued to develop favorably, gaining 9% (+7% exchange rate adjusted) to EUR 182 million ($228 million). (company website) > Embrex, Inc. announced financial results for the second quarter ended June 30, 2006. For the quarter ended June 30, 2006, consolidated revenues were $13.3 million, a 2% increase compared to consolidated revenues of $13.0 million for the second quarter of 2005. Consolidated net income was $0.5 million for second-quarter 2006, a 57% reduction in comparison to second-quarter 2005 net income of $1.2 million. (company website) > eMerge Interactive, Inc. announced results for the three months ended June 30, 2006. Revenues were $334,000 compared to $335,000 in the comparable prior-year period. Net loss for the second quarter of 2006 was
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August 11, 2006
Animal Health News & Notes for August 4, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for August 4, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Alpharma Central Garden & Pet Digital Angel Evialis Genus Maple Leaf Foods MWI Nutreco Pilgrim’s Pride Tyson Foods other news Blue Seal Feeds Digital Angel Farnam Global Animal Management National Beef Packing Schering-Plough Vintage Foods ******************************************************************* COMPANY EARNINGS RELEASES > Alpharma Inc. announced financial results for the second quarter of 2006. Animal Health revenues increased 4% to $82.6 million compared to the second quarter of 2005. Revenue growth was primarily driven by strong sales in the U.S. livestock market and Europe. Global sales of poultry products in the second quarter of 2006 were comparable to 2005 levels. (PRNewswire) > MWI Veterinary Supply, Inc. announced financial results for its third quarter ended on June 30, 2006. Total revenues grew 18.8% to $164.0 million for the three-months ended June 30, 2006 compared to $138.0 million for the three-months ended June 30, 2005. Net income increased 167.9% to $3.8 million for the three-months ended June 30, 2006 compared to $1.4 million for the three-months ended June 30, 2005. (Market Wire) > The Evialis Group reported turnover of EUR 648 million ($765 million) for 2005, a
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August 4, 2006
Animal Health News & Notes for July 28, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 28, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Abaxis CEVA Heska Hill’s IDEXX Land O’Lakes Merial Neogen PetMed Express Schering-Plough VCA Antech other news Animal Pharmaceuticals Inc. Boehringer Ingelheim Vetmedica Durvet IdentiGEN Intervet NJ Phillips Veterinary Diagnostics Institute ******************************************************************* COMPANY EARNINGS RELEASES > Merck reported financial results for the 2006 second quarter. Sales for joint venture Merial were $586 million in the second quarter of 2006, an increase of 14% compared to the second quarter of 2005. Sales for the first half of 2006 were $1,172 million, an increase of 16% compared to the first half of 2005. (company website) > Schering-Plough Corporation reported financial results for the 2006 second quarter. Animal Health sales increased 6% to $239 million, reflecting growth of core brands across most geographic and species areas, led by higher sales of companion animal products. (company website) > CEVA Group reported financial results for the first half of 2006. The CEVA Group veterinary pharmaceutical laboratory recorded growth in turnover of 21.4% over the first half of 2005, to reach EUR 148.4 million ($186 million). On the same consolidation basis, excluding the acquisitions made in 2005 (including Turkish
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July 28, 2006
Animal Health News & Notes for July 21, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 21, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Elanco Fort Dodge Immucell Intervet Pfizer Virbac SA other news Agrolabo Aves Product Beaphar Direct Pet Health Holdings DMS Labs Gimborn Laboratoires Veterinaires ICC Leonard Green LitterWorks Med-Pharmex MWI PETCO Texas Pacific Group ******************************************************************* COMPANY EARNINGS RELEASES > Pfizer reported results for the second quarter of 2006. Animal Health revenues were $583 million, an increase of 1% compared to $578 million in the second quarter of 2005. (PRNewswire) > Akzo Nobel reported results for the second quarter of 2006. Revenues at Intervet edged higher to EUR 280 million ($351 million), while the ongoing business achieved autonomous growth of 6%. The companion animals portfolio achieved accelerated market penetration. Double-digit revenue growth was achieved in Latin America. (company website) > Wyeth reported results for the 2006 second quarter and first half ending June 30, 2006. Worldwide net revenue for Fort Dodge Animal Health increased 11% for the 2006 second quarter to $272 million, due to higher sales of companion animal and livestock products, partially offset by lower sales of equine products. (company press release) > Virbac SA reported results for the second quarter
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July 21, 2006
Animal Health News & Notes for July 14, 2006
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 14, 2006 Copyright © Brakke Consulting, Inc. Editor: Lynn Fondon, DVM, MBA ******************************************************************* IN THE NEWS: earnings news Peptech TW Medical Veterinary Supply other news ConAgra Cyntegra Fort Dodge IDEXX Nutreco Nutrikraft India Ranbaxy Vetnex Virbac ******************************************************************* COMPANY EARNINGS RELEASES > TW Medical Veterinary Supply reported net sales for the quarter ended June 30 of $ 5,023,000, an increase of 35% from the same quarter last year. Net sales increased 25% from the first quarter this year. (company press release) > Peptech announced results for the first 6 months of 2006. Animal Health division sales were A$600,000 (US$446,000) for the six months, down from A$700,000 in the comparable period in 2005. The decline in sales was attributed to lower sales of Ovuplant in the UK following a fire at a sterilization plant. (Animal Pharm) ******************************************************************* Brakke Consulting Expand your recruiting options Brakke Consulting offers a variety of services to assist companies in finding the best candidates for their open positions. From posting openings on www.AnimalHealthJobs.com to using our experienced recruiters as partners in the hiring process, Brakke Consulting can help companies make recruiting more efficient and successful. Visit our websites for more information on the breadth of our
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July 14, 2006
Page 53 of 72
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