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Financial Results Explore this Topic

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Parnell scores marked sales growth improvement across first nine months of 2019

Australia's Parnell Pharmaceuticals has secured a 9% hike in revenues during the first nine months of 2019.

Financial Results

Virbac closes significantly positive 2019 with 3% fourth-quarter sales upturn

Virbac's European and Latin American businesses have helped it post a 3% increase in sales for the fourth quarter of 2019.

Virbac Financial Results

European business to help Dechra report solid first-half growth for 2020

Dechra Pharmaceuticals expects to report a 7% improvement in its first-half revenues for fiscal 2020.

Dechra Pharmaceuticals Financial Results
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Jeff Simmons sheds more light on next divestments for Elanco/Bayer deal

The next divestments from Elanco's ongoing acquisition of Bayer Animal Health could focus on the latter's portfolio.

Elanco Bayer Animal Health

Covetrus divests scil animal care to Heska, latter expects $200m sales boost

Covetrus is set to sell its scil animal care business to diagnostics specialist Heska for $125 million. 

Heska Diagnostics

Elanco set for minor growth in 2020 as firm begins evolution, agrees Capstar divestment

Elanco is expecting small full-year growth for 2019 and 2020, as the company turns its attention to building a foundation as an "omni-channel leader". 

Elanco Operations
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Investments

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SomaDetect bags funding to pilot in-line dairy sensor, eyes series A

New Brunswick-based start-up SomaDetect has received Can$3.9 million ($2.9 million) to pilot its automated dairy cow sensor technology across North America.

Investments Equipment & Technology

Nutreco puts funding into cultured meat specialist to accelerate market entry

Dutch firm Nutreco has invested in Mosa Meat – the creator of the world's first cell-based hamburger.  

Deals Investments

Avivagen offering generates $1.25m for commercialization efforts

Canadian firm Avivagen has raised Can$1.25 million ($0.96 million) in a private placement offering. 

Investments R&D

Review 2019: Growing power of the consumer continues to influence pet health investment

Consumers have long been adopting a modern approach to purchasing food and pharmaceuticals. Now, the animal health market is witnessing this customer-led impact on how companion animal medicines are purchased. Animal Pharm editor Joseph Harvey shines a light on how animal health companies are adapting to shifting consumer habits in the pet medicine market.

Companion Animals Investments

Paine Schwartz forms animal health investment platform, adds Bill Weldon

US food chain private equity firm Paine Schwartz Partners has established an animal health and nutrition investment platform.

Investments

Kane Biotech to support growth with private placement funding

Kane Biotech has opened a private placement offering to raise Can$3.5 million ($2.7 million).

Investments
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Operations Explore this Topic

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Peck at JP Morgan: New Zoetis CEO broaches alternative channels, lab-based meat and precision tech

Around 60% of the Zoetis pet product portfolio is protected from changes to sales channel dynamics, according to the firm's new chief executive.

Zoetis Operations

Biomin launches new animal nutrition laboratory in China

Austrian animal nutrition specialist Biomin has unveiled a new laboratory of animal nutrition in Beijing.

China Feed & Additives

European business to help Dechra report solid first-half growth for 2020

Dechra Pharmaceuticals expects to report a 7% improvement in its first-half revenues for fiscal 2020.

Dechra Pharmaceuticals Financial Results
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People Explore this Topic

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Ex-Merck veteran Paul Casady joins Brakke Consulting team

Brakke Consulting has expanded its team of consultants with the appointment of Paul Casady.

People

IDEXX makes leadership changes to enhance global commercial efforts

IDEXX Laboratories has made changes to its leadership team as it aims to boost global market development and sustain double-digit sales growth.

IDEXX Laboratories People

CATC follows Elanco R&D purchase with appointment of ex-Novartis aqua expert

The Center for Aquaculture Technologies Canada (CATC) has appointed Jason Cleaversmith to a dual leadership role.

Elanco People
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