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Brakke Consulting’s
Animal Health News & Notes for July 25, 2025
Copyright © Brakke Consulting
Co-Editors: Lynn Fondon DVM, MBA and Christine Merle DVM, MBA, CVPM
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IN THE NEWS:
Brakke Consulting News
Brakke Consulting welcomes Dr. Alexis Nahama
Earnings News
Boehringer Ingelheim
Nestle
Swedencare
Vimian Group AB
Other News
Amerivet
AO Foundation
Covetrus
Cronus Pharma
EmGenisys
Farmina Pet Foods
Felix Pharmaceuticals
Grit Road Partners
Inventory Ally
Merck Animal Health
Mission Pet Health
Mission Veterinary Partners
Movora
MWI Animal Health
Neogen
Parasight System Inc
Pet Advocacy Network
PromoVet
Sam’s Club
ScribbleVet
Seek Labs
SmartEquine
Smart Pak
Spot Pet Insurance
Southern Veterinary Partners
VetDx
The Vets
Zinpro
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Brakke Consulting
Brakke Consulting welcomes Dr. Alexis Nahama
Brakke consulting is pleased to announce that Alexis Nahama has joined our team. Dr. Nahama brings over 25 years of global experience in both animal and human health to his consulting work with Brakke. As a seasoned executive, he has held leadership roles in strategy, marketing, corporate development, investor relations and R&D at companies including Novartis, Schering-Plough, VCA Animal Hospitals, and Sorrento Therapeutics. Alexis’s primary consulting focus will be on start-up companies and helping them develop and implement their strategic plans.
Dr. Nahama has a strong track record in developing and commercializing innovation, executing successful M&A exits, and building high-performing teams. His experience spans from smaller early-stage companies to large publicly traded organizations. He is fluent in four languages and holds his veterinary degree from the Maisons-Alfort Veterinary School in France.
To contact Alexis, please reach out at anahma@brakkeconsulting.com
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EARNINGS NEWS RELEASES
- Boehringer Ingelheim reported results for the first half of 2025. Net sales for the Animal Health Business were EUR 2.6 billion ($3.1 billion), an increase of 7.6% on a comparable basis. This performance was driven by continued momentum in the parasiticide portfolio, particularly the Nexgard brand, which grew by 7.9% on a comparable basis. (company press release)
- Nestle S.A. reported results for the first half of 2025. Petcare sales were CHF 9,229 million ($11,618 million), a decline of 2% (+1.3% organic growth). Division underlying trading operating profit was CHF 2,037 million ($2,564 million), a decline of 2%. (company press release)
- Vimian Group AB announced Q2 2025 earnings of EUR 104.3 million ($121.29 million) representing a 15% increase. The increase was made up of 12% acquisitions, 5% organic and a negative 3% due to currency exchange. Adjusted EBITA of EUR 25.4 million ($29.54 million) represents a 3% year-over year growth. Net profit for the quarter was EUR 8.6 million ($10 million). (yahoo finance)
- Swedencare reported results for the second quarter of 2025. Net revenue amounted to 646.7 MSEK ($68 million), an increase of 3%. Profit after tax amounted to ‑9 MSEK (-$0.7 million), compared to profit of 20.9 MSEK in the prior-year period. (company website)
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2025 Animal Health Summit
August 25-26, 2025
Location: Midland Theatre | Kansas City, MO
Registration is now open for the 2025 Animal Health Summit
The Animal Health Summit features two days of networking, 1:1 business partnering, industry thought leaders, panel discussions, speakers and emerging company presentations. Learn more
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COMPANY NEWS RELEASES
- The FDA approved Merck Animal Health’s EXZOLT (fluralaner oral solution) for Chickens. It is approved to combat Northern Fowl Mite infestations in laying hens and replacement chickens. It is the first systemic treatment for Northern Fowl Mites and has a zero-day withdrawal period for eggs. (company press release)
- FDA approved Felix Pharmaceuticals generic version of methimazole tablets for hyperthyroidism in cats. (gov)
- Cronus Pharma announced the availability of Butorphic (Butorphanol Tartrate) Sterile injection solution via national and regional distributors. (yahoo.com)
- Neogen announced the appointment of Mike Nassif as its new chief executive officer and President, effective August 11, 2025. Nassif joins Neogen from Siemens Healthineers, where he was Global President of the Point-of-Care Diagnostics business. (seeking alpha)
- Zinpro announced the launch of Zinpro Profusion Paste, a new option to deliver essential trace minerals and nutrients to cattle during periods of stress. (com)
- Farmina Pet Foods signed a national distribution agreement with MWI Animal Health to market and distribute the Farmina’s VetLife Therapeutic Diets. (com)
- Insight Equine IA, a 0.8kg compact analyzer, was launched by Parasight System Inc. Using immunofluorescence technology, results for Equine ACTH, SAA, Progesterone and Foal IgG can be received in 15 minutes or less. (company press release)
- SmartPak, a subsidiary of Covetrus, has rebranded as SmartEquine.( com)
- Veterinary pathogens are now included in the global disease atlas of Seek Labs’ Bioseeker precision mapping discovery platform. (com)
- Following their merger late last year, Southern Veterinary Partners and Mission Veterinary Partners announced that they will rebrand their company as Mission Pet Health, effective in August. (com)
- The Vets, a mobile veterinary service provider, apparently has stopped operating, having canceled all appointments as of Tuesday, July 22. Clients were advised to email the company if they want their pet’s medical records and vaccination history. Founded in 2021 by venture capitalists to provide at-home veterinary care, the company lists on its website 28 locations in the United States. (vin.com)
- ScribbleVet and Amerivet announced a partnership to bring AI veterinary scribing to the Amerivet network of hospitals. (press release)
- Inventory Ally, an automated inventory management software has added PromoVet, an online-distributor, as an integrated supplier. The integration allows for access and purchase of the PromoVet product catalog from Inventory Ally’s interface. (company press release)
- Sandy Moore was appointed the new CEO for the Pet Advocacy Network (PAN). With more than 30 years of pet and aquaculture industry experience, she most recently served as president of pet wholesaler Segrest inc. (petfoodprocessing)
- The AO Foundation, a medically guided international group of surgeons, has formed a strategic partnership with Movora with the goal to advance veterinary education with hands-on skill development in veterinary orthopedics. (press release)
- EmGenisys, a company leveraging artificial intelligence to evaluate embryo health in real-time, announced the close of an oversubscribed $1.5 million seed financing round led by Grit Road Partners, with participation from Tall Grass Ventures and Ag Venture Alliance. (com)
- Sam’s Club has announced a discounted veterinary insurance offering for its members through Spot Pet Insurance. It includes discounted or free medications from their pharmacy. This new program combines with existing offering of routine veterinary care and grooming centers, home delivery of pet medication and Pawp digital veterinary consultations. (news)
- UK VetDX announced an integration into its app that provides an end-to-end solution to support anthelmintic resistance testing in sheep during farm visits. (com)
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ANIMAL HEALTH STOCK PRICE TRACKER
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ANIMAL HEALTH NEWS
- US – NEW AVMA PRESIDENT- At last week’s AVMA convention, Dr. Michael Bailey, the first African American to serve as President, began his term. He is a board-certified radiologist having served on the faculty of Tuskegee, Michigan State and The Ohio State University. He is currently the director of medical innovations in telemedicine for a global telemedicine consulting business. ( org)
- US – PET INSURANCE- Rhode Island’s Governor has signed the pet insurance bill, H 5569, into law on June 2, 2025. Rhode Island becomes the 16th state to enact the NAIC Pet Insurance Model Act (the Model Act). (association press release)
- US – VETERINARY SCHOOL- Washington State University’s Veterinary Teaching Hospital has closed their Large Agricultural Animal (cattle, sheep and goats) emergency and after hours service. They cited decreasing case load, budget constraints and faculty recruitment as causes for the inability to sustain the ER after hours service. (myvetcandy)
- JAMAICA – VETERINARY EDUCATION- Jamaica’s College of Agriculture, Science and Education (CASE) and Tuskegee University College of Veterinary Medicine (TUCVM) created a partnership that includes academic programming, joint research and faculty/student exchange with the goal to increase the applicant pool at TUCVM. (Jamaica Observer)
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BRAKKE CONSULTING VIEWPOINT
According to some industry analysts, 60% of the animal health market’s value has been driven by innovation, which underscores the critical role of startups in maintaining the growth trajectory of the animal health industry. Recently, access to capital for animal health startups has tightened and to secure funding, startups must explore diverse sources, including angel investors, family offices, venture capital, private equity, and strategic partnerships.
I believe 2025 and 2026 present a prime window for investors, as evidenced by recent successful Series A and B rounds. Releveling valuations following 2024 market corrections further enhance investment appeal. For startups to attract this critical capital, they must demonstrate a deep understanding of the market, addressing:
- Market Potential: What is the realistic size and value of their target market?
- Distribution Strategy: How will they reach customers effectively?
- Competitive Landscape: Who are their competitors, and how do they differentiate?
- Value Proposition: What unique benefits do they offer?
- Financials: Are costs and selling prices well understood?
- Execution Plan: How will they achieve their ambitious goals?
By presenting a robust, data-driven business plan, startups can capitalize on the current market optimism and drive the next wave of animal health innovation. Which is why I am excited to attend the KC Animal Health Corridor’s 2025 Summit next month. Along with Alexis and the Brakke Consultants attending, we look forward to seeing the next wave of innovation.
Chuck Johnson
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YOUR VIEW
Last week, we asked for your feedback on Major League Baseball’s idea to use a Home Run Derby to break an All-Star Game tie after 9 innings. The results were mixed: 42% said they don’t care about baseball, while 21% hated the new approach and 24% loved it. Another 13% were neutral. It’s clear that while some fans embrace change, others aren’t so sure it’s for the better.
This week
This week let’s focus on innovation and the future for growth in the animal health industry, particularly in the companion animal segment.
Which segment of the industry do you think will show the greatest growth over the next five years?
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