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.
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.
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>
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 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.
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.
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.
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.
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