Zoetis to Sell Medicated Feed Additive Portfolio to Phibro Animal Health
Zoetis Inc. (NYSE:ZTS) and Phibro Animal Health Corporation(Nasdaq: PAHC) today announced that they have entered into a definitive agreement where Phibro Animal Health will acquire Zoetis’ medicated feed additive (MFA) product portfolio, certain water soluble products and related assets for $350 million, subject to customary closing adjustments. This transaction is expected to be complete in the second half of calendar year 2024.
Revolutionizing Feline Care: Say Goodbye to Cat Anxiety with Bonqat®
Discover Bonqat®, the groundbreaking anxiety solution for cats by Zoetis. Learn how this innovative medication is transforming feline care, easing travel and vet visit stress. Say goodbye to cat anxiety with Bonqat® - the ultimate solution every pet owner needs!
BREAKING: Revolutionary Toolkit Unveiled to Transform Lives of Painful Cats
In a groundbreaking initiative led by the American Association of Feline Practitioners (AAFP), a comprehensive Chronic Pain Education Toolkit has been unveiled, offering a beacon of hope for cats suffering in silence. Spearheaded by veterinarian Kelly St. Denis, the toolkit equips veterinary professionals and caregivers alike with a deep understanding of chronic pain in felines, along with practical tools and science-based strategies for effective management. Supported by Zoetis, this initiative not only promises relief for suffering cats but also fosters a collaborative and compassionate approach to feline healthcare, marking a significant step forward in addressing this often-overlooked issue.
Quick Stitch Team Takes Home Top Prize at Animal Health Hackathon
Image by Abigail Younger. Members of the Quick Stitch team found themselves initially "jostled" after engaging with mentors during the 2024 Animal Health Hackathon, hosted by the Cornell Center for Veterinary Business and Entrepreneurship, Entrepreneurship at Cornell, and the Cornell University College of Veterinary Medicine. However, this discomfort proved instrumental as they refined their concept and ultimately clinched the event's "Most Novel and Innovative Veterinary Health Solution" award. Comprised of Sunita Devi MEng '24, Ana Grandgeorge MEng, Caroline Murabito, and Xin Rou (Natalie) Tan, the Quick Stitch team developed a novel idea inspired by human medicine, aiming to replace sutures for veterinarians. Conversations with mentors prompted a strategic shift, leading them to target emergency surgery practices, aligning their product more effectively with market needs.
Zoetis' Shocking Earnings Miss Rocks Investors: What's Next for This Animal Health Giant?
In a surprising turn of events, Zoetis, a leader in the animal health industry, reported quarterly earnings of $1.24 per share, falling short of the Zacks Consensus Estimate of $1.33 per share. This outcome not only startled investors but also marked a significant shift from the company's performance a year ago, which boasted earnings of $1.15 per share, adjusted for non-recurring items. This recent report unveils an earnings surprise of -6.77%, a stark contrast to the previous quarter's surprise of 0.74%, where the company had exceeded earnings expectations.
Zoetis Faces Profit Woes Amid Economic Squeeze
In a stunning turn of events, pet products giant Zoetis (ZTS.N) has just unveiled a profit forecast that falls short of Wall Street's expectations, leaving investors and pet owners alike in a state of disbelief. This Tuesday, the company disclosed a disappointing quarterly performance, with profits taking a hit due to dwindling demand from inflation-stricken pet owners tightening their belts.