Animal Health

animal health covid growth trends

Review 2020: COVID-19 rips up animal health rule book and presents whole new landscape

2020 will always be remembered for the global struggle against COVID-19. While animal health was initially impacted by the pandemic and the consequences still reverberate, the sector has turned necessity into invention with 2020 becoming a new year zero for many growth trends. IHS Markit Animal Health editor Joseph Harvey looks at how the industry experienced reinvention and retained its future promise.

Podcast: Experts emphasize early-stage opportunities for animal health fundraising

The latest IHS Markit Animal Health podcast sees editor Joseph Harvey broach the world of start-up fundraising with two industry experts. In the podcast below, Julia Stephanus and Amanda Burkardt give various insights into the investment options available for animal health start-ups.

IDEXX: Animal health testing capabilities underestimated in fight against COVID-19

Veterinary diagnostic expertise could have been utilized more by local authorities to understand and combat the coronavirus pandemic, according to Serge Leterme – vice president of innovation, regulatory and public affairs for IDEXX Laboratories’ livestock, poultry and dairy division.

BioTraceIT commercializes monitor to visualize animal pain signals

Canadian business BioTraceIT has introduced a tool that enables veterinarians and researchers to objectively visualize animal pain in real time. The company has launched its PainTrace wearable device in the United States and Canada, with a field-based sales team./p>

Two markets collide: Animal health and nutrition are becoming one and the same

The role of animal nutrition, and in particular the use of feed additives, in animal health is stronger than ever. IHS Markit Animal Health correspondent Emmy Koeleman takes a closer look at the major companies that may now be considered leading players in an ever-expanding animal care sector.

NovoBind aims to bring nanobody drug concept to animal health

NovoBind Livestock Therapeutics believes the concept of nanobodies will start to overtake innovation based on traditional antibodies in the coming years. The Canadian start-up is developing nanobody-based biologics designed to neutralize key pathogens affecting poultry, shrimp and companion animals.

Podcast: How is better prevention of FMD being enabled?

Earlier this year, before COVID-19 restrictions were put in place, IHS Markit Animal Health editor Joseph Harvey travelled to the FAO headquarters in Rome to speak to different stakeholders about foot-and-mouth disease (FMD) prevention. The podcast below features insight from GALVmed, AgResults and several animal health companies.

ASF could cost China up to $120 billion, claims Asian Development Bank

China will lose $50-120 billion as a result of African swine fever (ASF) outbreaks and related culls, according to the Asian Development Bank (ADB). An additional $5-10bn could be lost in countries such as Vietnam and Cambodia – taking total losses in the Greater Mekong region to as much as $130bn.

Domestic animal health firms witness share price surge as China displays economic vigor

China Animal Husbandry Industry Company (CAHIC) saw it shares peak at around CNY20.50 ($3) each last month. The firm has been publicly listed since 1999. According to Bloomberg data, China's stock market value has hit a record high of more than $10 trillion on the back of the country's strong economic recovery during the COVID-19 pandemic.

WSAVA stresses no new evidence of COVID-19 transmission from pets

During a recent webinar hosted by the World Small Animal Veterinary Association (WSAVA), speakers highlighted animals that have been infected with SARS-CoV-2 have displayed only mild symptoms and there is no evidence of transmission from a companion animal to a new human.

First phase of Elanco's restructuring to cut over 900 positions

Elanco will eliminate around 9% of its workforce in the first wave of restructuring following its purchase of Bayer Animal Health. Around 900 positions will be cut across nearly 40 countries. While the reductions will primarily target sales and marketing, they will also impact R&D, manufacturing, quality, and back office support.

Technology is readily available to help animal health in its sustainability quest

All the tools and technologies needed to take animal health to the next level of sustainability are already available, according to several industry experts. There is a real sense of urgency across the livestock production industry to improve sustainability and animal welfare, says Jeroen Van De Ven – chief operating officer at Allflex Livestock Intelligence. Van De Ven suggested building consumer trust through technology will go some way to solving this issue.

Kings of convenience: Chewy and Petco highlight why e-commerce rules in 2020

The latest developments at Chewy and Petco have further underlined how important and increasingly competitive online retail has become in 2020. Chewy has issued extremely strong first-half results, whereas Petco is eyeing a sale or initial public offering (IPO) in 2021.

Podcast: Has COVID-19 transformed animal health's growth prospects?

In this podcast, Stonehaven’s Arthur Redpath and Peter McCarthy further underline how the pandemic has affected the sector – from its initial drawbacks to the acceleration of certain trends such as the utilization of digital technology and growing consumer influence.

McKinsey suggests farmer skepticism of online purchasing is decreasing during pandemic

The trend of European farmers rarely going online to buy feed additives could be declining, according to McKinsey. While farmers in Europe are early adopters in the areas of yield improvement, sustainability and animal welfare, McKinsey suggested their general view of online purchasing has previously been skeptical.

Oasmia considers divestment of companion animal cancer drugs

Swedish cancer drug developer Oasmia Pharmaceutical is assessing strategic options for its animal health business.
The firm said it will consider partnering, licensing and divestment of its animal health pipeline, which features two under-development companion animal oncology drugs. Oasmia delayed plans to publicly list AdvaVet due to a criminal investigation related to an unaccounted tax audit, which has now been resolved.

IDEXX points out diagnostic trends in sharp global recovery for vet clinics

IDEXX Laboratories has highlighted the role veterinary diagnostics are playing in the companion animal market’s ongoing robust recovery. The company has emphasized the stronger-than-expected comeback being witnessed by vet clinics that are moving back to normal levels of revenues, after the early stages of COVID-19 notably reduced visits.

Cainthus: Most producers will adopt digital livestock tech within three years

Aidan Connolly, CEO of Cainthus spoke to IHS Markit Animal Health editor Joseph Harvey about the future of digital technology in the livestock sector and the impact of COVID-19 on this burgeoning space, ahead of next month's virtual Animal AgTech Innovation Summit.

Invetx brings together pool of partners to launch monoclonal antibody plaform

US animal health therapeutics specialist Invetx has partnered with Twist Bioscience – a synthetic biology and genomics company. They will work to engineer and optimize antibodies for the treatment of serious diseases in dogs and cats.

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Practical Approaches to separation of stereoisomers in Environmental Fate and Metabolism

including the application of 2D-HPLC, and subsequent analysis of Residue samples and analytical samples for Ecotoxicology

Wednesday, July 29, 2020


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