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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
The largest animal health company has bought a UK-based business called Virtual recall that specializes in helping veterinary practices improve their service offering and communication with pet owners.
International researchers claim undetected African swine fever (ASF) virus is circulating in wild boar in Asia and called for improved surveillance of the devastating disease.
Elanco has closed its multi-billion-dollar purchase of Bayer Animal Health – a deal that is expected to propel the former to second in the global industry rankings.
At the recent virtual Animal Health Investment One conference, IHS Markit Animal Health editor Joseph Harvey hosted a discussion with leaders from some of the sector's top companies. The panelists divulged how animal health has reacted to the COVID-19 pandemic and highlighted how innovation opportunities may have changed.
The USDA has paid $27.1 million for the initial purchase of foot-and-mouth disease (FMD) vaccines to supply a national stockpile. The agency told IHS Markit Animal Health it will receive a total of 47.5 million doses from Boehringer Ingelheim Animal Health and Biogénesis Bagó.
Merck Animal Health has agreed a new deal with Zymeworks to develop multi-specific antibody therapeutic candidates. Zymeworks is a clinical-stage biotechnology company headquartered in Vancouver, Canada, focused on the development of multifunctional biotherapeutics for animal and human health.
Evonik Industries said today that due to the coronavirus disease 2019 (COVID-19) outbreak, its contract manufacturer had to shut down its production facilities. Both production and shipping of the amino acid ThreAMINO are affected due to limited stock of the material being available.
including the application of 2D-HPLC, and subsequent analysis of Residue samples and analytical samples for Ecotoxicology
Wednesday, July 29, 2020
2PM UK / 9AM EDT