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ImmuCell shares fall to two-year low following weak Q2

US company ImmuCell has seen its share price drop to its lowest level since 2017.

Financial Results

Covetrus price plummets following underwhelming Q2

Covetrus shares have fallen to their lowest value since the company started trading on the stock market earlier this year.

Financial Results

Benchmark could see sales hit in third quarter

UK aquaculture health firm Benchmark is continuing to face challenges in the global shrimp and Mediterranean seabass/bream markets.

Aquaculture Financial Results
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Pestell in double animal nutrition acquisition of Pro-Ag, Verus

Pestell Group has acquired Pro-Ag Products and Verus Animal Nutrition through its Pestell Minerals & Ingredients (PMI) unit for an undisclosed fee.

Feed & Additives M&A

Elanco's purchase of Bayer could be just around the corner

Ongoing media rumors have suggested Elanco's plan to purchase Bayer Animal Health could be executed next week.

M&A Bayer Animal Health

Phibro expands nutritional potential with acquisition of microbial developer Osprey

Phibro Animal Health has acquired microbial products specialist Osprey Biotechnics for an undisclosed fee.

Phibro Animal Health Feed & Additives
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Investments

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SomaDetect raises $2m seed funding, plans North America data collection expansion

Canadian dairy health technology specialist SomaDetect has completed its most recent seed funding round, raising $2 million. 

Equipment & Technology Investments

PanTheryx funding will help intensify growth in animal microbiome-focused products

Boulder, Colorado-based PanTheryx is focused on addressing gastrointestinal microbiome-related health conditions in humans and animals. Animal Pharm editor Joseph Harvey spoke to the company's executive vice president George Stagnitti about how it is bringing a science-backed approach to the animal nutrition sector.

Feed & Additives Food Animals

Evonik invests in US fund for east coast focus

Evonik Industries' venture capital arm has invested in a US fund, in order to access new technologies.

Investments United States

Proteon awarded grant to develop aqua bacteriophage

Polish bacteriophage specialist Proteon Pharmaceuticals has secured a €2.9 million ($3.2 million) grant from the European Regional Development Fund.

Investments Feed & Additives

Agrivida secures $8m to reinforce commercial efforts for sustainable feed additive

US feed additive start-up Agrivida has followed a recent US FDA approval with the closing of the first stage of a $20 million investment round.

Investments Feed & Additives

PetCure plans IPO to boost US cancer radiosurgery business

US company PetCure Oncology has enlisted an investment banking firm to help it pursue an initial public offering (IPO). 

Investments Companion Animals
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Operations Explore this Topic

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BV Science boosts European presence with new distribution site

US feed additives firm BV Science has increased its presence in Europe after opening a new distribution center in Budapest, Hungary.

Operations

Covetrus posts flat Q2, anticipates 'low single-digit' growth for 2019

Covetrus has posted sales of around $1 billion for the second quarter of 2019, representing a flat year-on-year comparison.

Financial Results Operations

Boehringer takes next step in China strategy with opening of animal health hub

Boehringer Ingelheim has opened a new animal health management center in Shanghai, China.

Boehringer Ingelheim Animal Health Operations
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Pye to step down as Benchmark CEO, search begins for replacement

Benchmark founder Malcolm Pye will step down as chief executive later this year.

People

Novozymes appoints financial veteran EVP, CFO

Danish biotechnology company Novozymes has appointed Lars Green to the role of executive vice president and corporate finance officer.

People

Benchmark selects Dechra manager as new finance lead

UK firm Benchmark has appointed Septima Maguire chief financial officer (CFO).

People
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