{"id":29747,"date":"2021-10-29T06:29:01","date_gmt":"2021-10-29T12:29:01","guid":{"rendered":"https:\/\/brakkeconsulting.com\/?p=29747"},"modified":"2021-10-29T06:29:01","modified_gmt":"2021-10-29T12:29:01","slug":"animal-health-news-notes-for-october-29-2021","status":"publish","type":"post","link":"https:\/\/brakkeconsulting.com\/zh\/animal-health-news-notes-for-october-29-2021\/","title":{"rendered":"2021\u5e7410\u670829\u65e5\u52a8\u7269\u5065\u5eb7\u65b0\u95fb\u4e0e\u7b14\u8bb0"},"content":{"rendered":"<p>***********************************<br \/>\n<strong>Brakke Consulting&#8217;s <\/strong><br \/>\n<strong>Animal Health News &amp; Notes for October 29,<\/strong><strong> 2021<\/strong><br \/>\n<em>Copyright \u00a9 Brakke Consulting<br \/>\n<\/em><em>Editor: Lynn Fondon DVM MBA<br \/>\n<\/em>************************************<\/p>\n<p>IN THE NEWS:<\/p>\n<p><u>Earnings News<br \/>\n<\/u>ADM<br \/>\nMerck<br \/>\nNovozymes<br \/>\nPetMed Express<\/p>\n<p><u>Other News<br \/>\n<\/u>Akeso Biomedical<br \/>\nAlgenex<br \/>\nAstro Pet Health<br \/>\nBoehringer Ingelheim<br \/>\nCosmic Pet<br \/>\nEasyvet<br \/>\nGlobal Dx<br \/>\nIDEXX<br \/>\nImpriMed<br \/>\nNutreco<br \/>\nPanTheryx<br \/>\nPetco<br \/>\nPlatinum Equity<br \/>\nRealmFive<br \/>\nRelevance Ventures<br \/>\nRockpool Investments<br \/>\nStellapps<br \/>\nTransfur<br \/>\nTrusted Housesitters<br \/>\nVetoquinol<br \/>\nVetPawer<br \/>\nVetSuccess<br \/>\nZenoaq<\/p>\n<p><strong>************************************<br \/>\nCOMPANY EARNINGS RELEASES<\/strong><\/p>\n<ul>\n<li><strong>Merck<\/strong> announced financial results for the third quarter of 2021. Animal Health sales totaled $1.42 billion, an increase of 16% compared with the third quarter of 2020 (+14% currency adjusted). <em>(company press release)<\/em><\/li>\n<li><strong>PetMed Express <\/strong>reported results for the second quarter of fiscal 2021. Sales were $67.4 million, an 11% drop from the prior-year quarter. Net income was down 24.5% to $6.3 million. <em>(IHS Markit Connect)<\/em><\/li>\n<li><strong>ADM<\/strong> reported financial results for the third quarter of 2021. Animal nutrition sales reached $889 million, a 21% increase from the prior-year quarter. ADM reported a nearly two-fold jump in animal nutrition profits for the third quarter.<em> (IHS Markit Connect)<\/em><\/li>\n<li><strong>Novozymes <\/strong>reported results for the third quarter of 2021. The company reported a strong animal health performance in the third quarter, driving 15% higher sales to DKK430 million ($67 million) for its larger agricultural, animal health and nutrition division. <em>(IHS Markit Connect)<\/em><\/li>\n<\/ul>\n<p><strong>************************************<br \/>\n<\/strong><strong>COMPANY NEWS RELEASES<\/strong><\/p>\n<ul>\n<li><strong>Boehringer Ingelheim Animal Health <\/strong>announced a partnership with <strong>RealmFive<\/strong> that will see Boehringer bringing RealmFive&#8217;s Barn View &#8211; wireless technology that provides cloud-based data on feed, water, air and effluent parameters &#8211; together with its own Farmera mobile app, a farm management tool that allows evidence-based decision making in swine production systems. <em>(IHS Markit Connect)<\/em><\/li>\n<li><strong>Petco Health and Wellness Company<\/strong>, Inc. announced the opening of Reddy SoHo &#8211; the first concept flagship for Reddy, Petco&#8217;s premium lifestyle owned brand for dogs &#8211; in New York City. The launch of boutique-style Reddy SoHo marks the first time the company has opened a retail location dedicated to a single, exclusive brand.<em> (company press release)<\/em><\/li>\n<li><strong>PanTheryx<\/strong>, an integrative digestive and immune health company, announced the launch of its new patent-pending bovine (cow) colostrum formulation of ColostrumOne. The new proprietary product is scientifically shown to increase protection of Immunoglobulin G (IgG), immune and growth factors as they enter the digestive tract. <em>(Businesswire.com)<\/em><\/li>\n<li><strong>ImpriMed<\/strong>, Inc., announced that it now offers separate stand-alone immunophenotyping service via flow cytometry and clonality testing by PARR (PCR for Antigen Receptor Rearrangement) for canine hematopoietic cancers.<em> (Globenewswire.com)<\/em><\/li>\n<li><strong>Platinum Equity<\/strong> announced it has acquired <strong>Cosmic Pet<\/strong>, a designer, marketer and distributor of pet products. Cosmic Pet will be combined with recently-acquired Petmate; financial terms were not disclosed.<em> (Pet Product News)<\/em><\/li>\n<li><strong>Easyvet<\/strong> walk-in veterinary franchise announced the close of a $7 million Series A funding round led by <strong>Relevance Ventures<\/strong><em>. (Businesswire.com)<\/em><\/li>\n<li><strong>VetSuccess<\/strong> announced the launch of Compliance Tracker, a new monthly subscription-based report that highlights key metrics and provides critical insight into whether clients are following a practice&#8217;s preventive care recommendations.<em> (PRnewswire.com)<\/em><\/li>\n<li>Venture Varsity Studio announced the launch of startup company <strong>Transfur<\/strong>, which will offer a software platform for veterinarians underpinned by AI that it says will harmonize the veterinary referral management process. <em>(Wisbusiness.com)<\/em><\/li>\n<li><strong>VetPawer<\/strong> introduced the Automated Virtual Assistant\u2014AVA\u2014a software that provides voice-automated scheduling assistance to clients who call the veterinary clinic<em>. (Vet Advantage)<\/em><\/li>\n<li>Pet health startup <strong>Astro Pet Health<\/strong> announced that a free preview of its cloud-based digital pet health records system is available for advance sign-up. Customers who sign up will be invited to a private beta in early 2022.<em> (Businesswire)<\/em><\/li>\n<li><strong>Trusted Housesitters<\/strong>, a pet sitting network, announced it has closed $10 million in Series A funding led by <strong>Rockpool Investments<\/strong>. It will be leveraged to build awareness among pet owners and avid travelers in the US, with emphasis on expansion in California.<em> (Pet Product News)<\/em><\/li>\n<li>JAPAN <strong>Vetoquinol <\/strong>and Nippon Zenyaku Kogyo (<strong>Zenoaq<\/strong>) have mutually agreed to end their joint venture in Japan. After the dissolution has been completed, Vetoquinol will purchase all the shares held by Zenoaq, making Vetoquinol Zenoaq a 100% owned and controlled subsidiary of Vetoquinol; the joint venture will change its name to Vetoquinol Japan. <em>(IHS Markit Connect)<\/em><\/li>\n<li>UK <strong>IDEXX <\/strong>and the British Small Animal Veterinary Association (BSAVA) announced a partnership on a monthly, topical podcast and a dedicated online resource collection that will feature in the BSAVA library. <em>(Vettimes.co.uk)<\/em><\/li>\n<li>INDIA <strong>Nutreco<\/strong> announced it led an $18 million pre-series C funding round for <strong>Stellapps<\/strong>, an Indian dairy technology start-up. Existing investors also participated in the round. Stellapps dairy technology, dubbed smartMoo, aims to improve traceability, milk quality and productivity by linking farmers to an ecosystem of veterinary care services, animal nutrition and financial services. <em>(IHS Markit Connect)<\/em><\/li>\n<li>SPAIN <strong>Algenex SL<\/strong> and <strong>Global Dx Ltd <\/strong>announced the adoption of Herdscreen ASFV Antibody Test \u2013 a point-of-care rapid diagnostic test that identifies animals which have been exposed to the African Swine Fever Virus (ASFV) using whole blood, plasma or serum samples \u2013 by a major Spanish producer of pig-derived food and meat.<em> (Globenewswire)<\/em><\/li>\n<li>EU <strong>Akeso Biomedical<\/strong>, Inc., announced that it has obtained authorization in the European Union to market CI-FER as a zootechnical feed additive for piglets and minor porcine species. CI-FER [iron (III) citrate chelate] for piglets is Akeso\u2019s first product for the EU market based on its Fe3C technology.<em> (PRweb.com)<\/em><\/li>\n<\/ul>\n<p>***********************************<br \/>\n<strong>ANIMAL HEALTH STOCK PRICE TRACKER<\/strong><\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29748 \" src=\"https:\/\/brakkeconsulting.com\/wp-content\/uploads\/2021\/10\/Stock-Table-10.29.jpg\" alt=\"\" width=\"633\" height=\"447\" srcset=\"https:\/\/brakkeconsulting.com\/wp-content\/uploads\/2021\/10\/Stock-Table-10.29.jpg 633w, https:\/\/brakkeconsulting.com\/wp-content\/uploads\/2021\/10\/Stock-Table-10.29-480x339.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 633px, 100vw\" \/>\u00a0<\/strong><\/p>\n<p>***********************************<br \/>\n<strong>ANIMAL HEALTH NEWS<\/strong><\/p>\n<ul>\n<li>GERMANY &#8211; AVIAN INFLUENZA Germany reported an outbreak of highly pathogenic H5N1 bird flu at a goose farm in the northern part of the country. The outbreak occurred at a farm of 663 birds.<em> (Reuters.com)<\/em><\/li>\n<li>WORLD &#8211; DISEASE INFORMATION The Food and Agriculture Organization of the United Nations (FAO) announced the launch of <a href=\"https:\/\/empres-i.apps.fao.org\/\">EMPRES-i+<\/a>, a new global animal disease information system. EMPRES-i+ replaces an earlier version, EMPRES-i, which was first launched in 2004.\u00a0 The new system&#8217;s features include a cloud-based platform with ability to link to other data platforms; advanced data analytics for users to easily identify disease events and trends; and forecasting and early warning functions to allow countries to monitor disease spreading and the risk of new outbreaks.<em> (Feedstuffs)<\/em><\/li>\n<li>CHINA &#8211; HOG PRODUCTION China recently reported its highest third-quarter pork production in three years. This comes after producers built thousands of large breeding farms last year to repopulate the hog herd, which was dented by African swine fever. Pork output for July through September was 12.02 million metric tons, up 43% compared with a year earlier.<em> (Vet Advantage &#8211; Reuters)<\/em><\/li>\n<li>US &#8211; ZOONOSIS RESEARCH The School of Veterinary Medicine at the University of Pennsylvania (Penn Vet) announced the launch of the <a href=\"http:\/\/www.vet.upenn.edu\/IIZD\">Institute for Infectious and Zoonotic Diseases<\/a> (IIZD) to confront emerging and re-emerging zoonotic and vector-borne diseases, with a goal of fostering innovations in disease surveillance, treatment, and vaccine development.<em> (PRweb)<\/em><\/li>\n<li>US &#8211; VALLEY FEVER RESEARCH A canine vaccine for coccidioidomycosis, or Valley fever, is being tested at the University of Arizona. The study found the disease was either prevented or reduced in dogs that received an initial vaccine and a booster dose about a month later; any disease symptoms they observed were extremely mild.\u00a0 The researchers believe the vaccine might be on the market within two years. <em>\u00a0(AVMA SmartBrief &#8211; KOLD.com)<\/em><\/li>\n<li>UK &#8211; GENE EDITING The Roslin Institute has developed a gene-editing tool that could improve heat tolerance in cattle.\u00a0 Scientists have recreated a naturally occurring genetic change that cattle can pass on to their offspring through natural breeding. The technique was tested in a small-scale study by researchers from the institute\u2019s Centre for Tropical Livestock Genetics and Health (CTLGH).<em> (IHS Markit Connect)<\/em><\/li>\n<\/ul>\n<p>************************************<br \/>\n<strong>BRAKKE CONSULTING VIEWPOINT<\/strong><br \/>\nSome reflections about the impact of \u00a0Animal Health M&amp;A events on companies and more importantly, people. In my career I was a participant in many acquisitions, both as \u2018being bought\u2019 and \u2018being sold\u2019. And of all sizes.<\/p>\n<p>It seems to me there are three phases:<\/p>\n<ol>\n<li><strong>Accommodation:<\/strong> the early period, where words were used such as \u2018we bought it for the people\u2019 and even moving the HQ to the acquired companies facilities. Some business activities of both companies are preserved and not many material changes occur. Analysts are happy. Lots of cultural events sponsored by HR. Consultants are everywhere.<\/li>\n<li><strong>Assimilation:<\/strong> the acquiring company usually starts rationalizing production sites, R&amp;D is \u2018synergized\u2019, ERP systems begin to morph and processes merge. Brands disappear and new ones show up. New policies start to be slowly introduced. Leadership changes start to occur. Business practices morph into the acquiring company\u2019s form. Analysts start asking hard questions. Consultants are scarce and the partners that worked on the deal are long gone and on to their next project.<\/li>\n<li><strong>Annihilation:<\/strong> You wake up one morning and the acquired company is really gone and you may be one of the last people from the company that was purchased. Even people from the acquiring company are disappearing as promises also disappear. Customers start complaining as the impacts are felt at that level. Products disappear due to rationalization. Analysts demand answers and even more pressure is brought on the new company. A new consultancy is hired and they are everywhere.<\/li>\n<\/ol>\n<p>My advice is to recognize where you are at in the process and manage your career accordingly. Manage change on your own terms- do your best not to let someone else do it! Not always possible to predict these events but how you react is purely in your control.<\/p>\n<p><em>Paul Casady<\/em><\/p>\n<p>***********************************<br \/>\n<strong>YOUR VIEW <\/strong><\/p>\n<p>Last week we asked about supply chain interruptions and clinic staffing challenges. 80% of you said you have seen supply chain interruptions, and 75% have seen veterinary clinic staffing problems. Looks like the challenges are pretty widespread in our industry.<\/p>\n<p><strong>This week<\/strong><\/p>\n<p><a href=\"https:\/\/www.surveymonkey.com\/r\/JTTXDPH\">Did your academic studies prepare you adequately for the business aspects of either the animal health pharmaceutical business or running a veterinary practice?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>************************************ Brakke Consulting 2021 \u5e74 10 \u6708 29 \u65e5\u52a8\u7269\u4fdd\u5065\u65b0\u95fb\u548c\u7b14\u8bb0 \u7248\u6743\u6240\u6709 \u00a9 Brakke Consulting \u7f16\u8f91\uff1aLynn Fondon DVM MBA ************************************ \u65b0\u95fb\u62a5\u9053\uff1a \u6536\u76ca\u65b0\u95fb ADM \u9ed8\u514b \u8bfa\u7ef4\u4fe1 PetMed Express \u5176\u4ed6\u65b0\u95fb Akeso Biomedical Algenex Astro Pet Health \u52c3\u6797\u683c\u6bb7\u683c\u7ff0 Cosmic Pet Easyvet Global Dx IDEXX ImpriMed Nutreco PanTheryx Petco Platinum Equity RealmFive Relevance Ventures Rockpool Investments Stellapps Transfur Trusted Housesitters Vetoquinol VetPawer VetSuccess Zenoaq *********************************** \u516c\u53f8\u6536\u76ca\u62a5\u544a \u9ed8\u514b\u516c\u5e03\u4e86 2021 \u5e74\u7b2c\u4e09\u5b63\u5ea6\u7684\u8d22\u52a1\u4e1a\u7ee9\u3002\u52a8\u7269\u4fdd\u5065\u9500\u552e\u989d\u603b\u8ba1 $14.2 \u4ebf\u6b27\u5143\uff0c\u4e0e 2020 \u5e74\u7b2c\u4e09\u5b63\u5ea6\u76f8\u6bd4\u589e\u957f 16% (+14% \u8d27\u5e01\u8c03\u6574\u540e)\u3002(\u516c\u53f8\u65b0\u95fb\u7a3f) PetMed Express \u516c\u5e03\u4e86 2021 \u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u7684\u4e1a\u7ee9\u3002\u9500\u552e\u989d\u4e3a $67.4 \u767e\u4e07\uff0c\u6bd4\u53bb\u5e74\u540c\u671f\u4e0b\u964d 11%\u3002\u51c0\u6536\u5165\u4e0b\u964d 24.5% \u81f3 $6.3 \u767e\u4e07\u3002(IHS Markit Connect) ADM \u516c\u5e03\u4e86 2021 \u5e74\u7b2c\u4e09\u5b63\u5ea6\u7684\u8d22\u52a1\u4e1a\u7ee9\u3002\u52a8\u7269\u8425\u517b\u9500\u552e\u989d\u8fbe\u5230 $8.89 \u767e\u4e07\uff0c\u6bd4\u53bb\u5e74\u540c\u671f\u589e\u957f 21%\u3002ADM \u62a5\u544a\u7b2c\u4e09\u5b63\u5ea6\u52a8\u7269\u8425\u517b\u5229\u6da6\u589e\u957f\u4e86\u8fd1\u4e24\u500d\u3002(IHS Markit Connect) \u8bfa\u7ef4\u4fe1\u516c\u5e03\u4e86 2021 \u5e74\u7b2c\u4e09\u5b63\u5ea6\u7684\u4e1a\u7ee9\u3002\u8be5\u516c\u53f8\u62a5\u544a\u7b2c\u4e09\u5b63\u5ea6\u52a8\u7269\u4fdd\u5065\u4e1a\u7ee9\u5f3a\u52b2\uff0c\u63a8\u52a8\u5176\u66f4\u5927\u7684\u519c\u4e1a\u3001\u52a8\u7269\u4fdd\u5065\u548c\u8425\u517b\u90e8\u95e8\u7684\u9500\u552e\u989d\u589e\u957f 15% \u81f3 4.3 \u4ebf\u4e39\u9ea6\u514b\u6717\uff08$67 \u767e\u4e07\uff09\u3002 \uff08IHS Markit Connect\uff09************************************<\/p>\n<div class=\"view-full-post\"><a href=\"https:\/\/brakkeconsulting.com\/zh\/animal-health-news-notes-for-october-29-2021\/\" class=\"view-full-post-btn\">\u67e5\u770b\u5b8c\u6574\u6587\u7ae0<\/a><\/div>\n<p>;<\/p>","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-29747","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>News from Brakke Consulting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brakkeconsulting.com\/zh\/animal-health-news-notes-for-october-29-2021\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News from Brakke Consulting\" \/>\n<meta property=\"og:description\" content=\"*********************************** Brakke Consulting&#8217;s Animal Health News &amp; Notes for October 29, 2021 Copyright \u00a9 Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News ADM Merck Novozymes PetMed Express Other News Akeso Biomedical Algenex Astro Pet Health Boehringer Ingelheim Cosmic Pet Easyvet Global Dx IDEXX ImpriMed Nutreco PanTheryx Petco Platinum Equity RealmFive Relevance Ventures Rockpool Investments Stellapps Transfur Trusted Housesitters Vetoquinol VetPawer VetSuccess Zenoaq ************************************ COMPANY EARNINGS RELEASES Merck announced financial results for the third quarter of 2021. Animal Health sales totaled $1.42 billion, an increase of 16% compared with the third quarter of 2020 (+14% currency adjusted). (company press release) PetMed Express reported results for the second quarter of fiscal 2021. Sales were $67.4 million, an 11% drop from the prior-year quarter. Net income was down 24.5% to $6.3 million. (IHS Markit Connect) ADM reported financial results for the third quarter of 2021. Animal nutrition sales reached $889 million, a 21% increase from the prior-year quarter. ADM reported a nearly two-fold jump in animal nutrition profits for the third quarter. (IHS Markit Connect) Novozymes reported results for the third quarter of 2021. The company reported a strong animal health performance in the third quarter, driving 15% higher sales to DKK430 million ($67 million) for its larger agricultural, animal health and nutrition division. (IHS Markit Connect) ************************************View Full Post;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/brakkeconsulting.com\/zh\/animal-health-news-notes-for-october-29-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Brakke Consulting Website\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-29T12:29:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/brakkeconsulting.com\/wp-content\/uploads\/2021\/10\/Stock-Table-10.29.jpg\" \/>\n<meta name=\"author\" content=\"Amanda McDavid\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amanda McDavid\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 \u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/brakkeconsulting.com\/animal-health-news-notes-for-october-29-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/brakkeconsulting.com\/animal-health-news-notes-for-october-29-2021\/\"},\"author\":{\"name\":\"Amanda McDavid\",\"@id\":\"https:\/\/brakkeconsulting.com\/#\/schema\/person\/cbd3330707aa1f20925a2f9d78722615\"},\"headline\":\"Animal Health News &#038; 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Notes for October 29, 2021 Copyright \u00a9 Brakke Consulting Editor: Lynn Fondon DVM MBA ************************************ IN THE NEWS: Earnings News ADM Merck Novozymes PetMed Express Other News Akeso Biomedical Algenex Astro Pet Health Boehringer Ingelheim Cosmic Pet Easyvet Global Dx IDEXX ImpriMed Nutreco PanTheryx Petco Platinum Equity RealmFive Relevance Ventures Rockpool Investments Stellapps Transfur Trusted Housesitters Vetoquinol VetPawer VetSuccess Zenoaq ************************************ COMPANY EARNINGS RELEASES Merck announced financial results for the third quarter of 2021. Animal Health sales totaled $1.42 billion, an increase of 16% compared with the third quarter of 2020 (+14% currency adjusted). (company press release) PetMed Express reported results for the second quarter of fiscal 2021. Sales were $67.4 million, an 11% drop from the prior-year quarter. Net income was down 24.5% to $6.3 million. (IHS Markit Connect) ADM reported financial results for the third quarter of 2021. Animal nutrition sales reached $889 million, a 21% increase from the prior-year quarter. ADM reported a nearly two-fold jump in animal nutrition profits for the third quarter. (IHS Markit Connect) Novozymes reported results for the third quarter of 2021. The company reported a strong animal health performance in the third quarter, driving 15% higher sales to DKK430 million ($67 million) for its larger agricultural, animal health and nutrition division. 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