Vet Candy Unveils 2024 Rising Stars: Meet the Future Leaders of Veterinary Medicine

In a field where passion meets precision and every day is a chance to make a difference, Vet Candy 's 2024 Rising Stars Award winners have emerged as the future leaders of veterinary medicine. These exceptional students, our next wave of veterinary superheroes, are being celebrated not just for their academic excellence but for their unparalleled dedication to the profession.

The Rising Stars Awards, organized by Vet Candy, shine a spotlight on those students whose contributions are transforming the field of veterinary medicine. These aren't just trophies handed out for stellar grades; they are symbols of leadership, inspiration, and motivation. The winners are advocates, educators, leaders, and hands-on caregivers, making waves across the profession with their unwavering commitment.

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New Importation Rules Aim to Strengthen Rabies Protection

Starting August 1, 2024 the U.S. Centers for Disease Control and Prevention will implement stricter rules governing the importation of dogs into the United States. These updated regulations are designed to maintain the nation's rabies-free status by preventing the reintroduction of the virus through imported dogs.

Key aspects of the new regulations include the following:

1. Health Requirements: Dogs entering the U.S. must appear healthy and be at least six months old.
2. Microchipping and Forms: All dogs must be microchipped and accompanied by a CDC Dog Import Form, filled out online two to ten days before arrival.
3. Vaccination Status: Dogs should be current on their rabies vaccinations. Dogs arriving from high-risk rabies countries must have serology tests, known as titers, to verify the presence of antibodies, which indicate vaccination against rabies. These results should be from a CDC-approved laboratory.
4. Quarantine Measures: Dogs without valid titer results will need to be quarantined at an animal care facility for 28 days or until the necessary documentation is provided. Read more

Auburn Veterinary Experts Weigh in on Avian Flu’s Impact on Dairy Cattle

The Auburn University College of Veterinary Medicine researchers call for vigilance, pointing out that bird flu’s transmission to dairy cattle warrants continued monitoring. By maintaining safe food handling practices and staying informed, consumers and farmers can minimize the risks posed by HPAI A (H5N1). Read more

Trupanion Launches First Annual Veterinary Appreciation Day? Awards

Starting May 7, pet parents and veterinary professionals alike are invited to nominate an extraordinary hospital team member they know or work with. It takes many roles to make a veterinary hospital run smoothly, and with that in mind, all team members from any hospital are eligible for nomination. More details about the awards, including information on how to nominate and vote can be found here https://vetappreciationday.trupanion.com/ . Two awards, Veterinarian of the Year and Veterinary Professional of the Year, serve to acknowledge and showcase the hard work and dedication of the veterinary community, spread awareness about the many roles that make up the profession, and highlight the impact that veterinary teams have on pets and their communities. Read more

Wag! Reports Record First Quarter 2024 Results

Wag! Group Co. (Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, announced financial results for the first quarter ended March 31, 2024.

First Quarter 2024 Highlights:

• Revenues increased 13% to $23.2 million, compared to $20.6 million in the first quarter of 2023, a quarterly revenue record – comprised of $5.3 million of Services revenue, $15.8 million of Wellness revenue, and $2.1 million of Pet Food & Treats revenue.
• Net loss was $4.2 million, compared to $3.8 million in the first quarter of 2023, driven by costs associated with $5 million debt principal pay down.
• Adjusted EBITDA improved to $0.2 million, compared to an Adjusted EBITDA loss of $0.4 million in the first quarter of 2023.

Plymouth Rock Home Assurance and Fetch Pet Insurance Partner to Safeguard Homes and Pets

Recognizing the importance of pets as cherished members of the family, Plymouth Rock Assurance and Fetch Pet Insurance are joining forces to offer an exclusive opportunity for current and prospective home policyholders. Now, in addition to getting a rapid home insurance quote, policyholders will also be able to get a lightning-fast pet insurance quote and enjoy up to a 10% discount on pet insurance for the life of their pet through Fetch – all within the Plymouth Rock user experience.

According to Grand View Research, the U.S. pet insurance market size was estimated at USD 3.3 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.5% from 2024 to 2030. Read more

Zoetis Announces First Quarter 2024 Results

Zoetis Inc. (NYSE:ZTS)reported its financial results for the first quarter of 2024 and updated its guidance for full year 2024.

Zoetis reported revenue of $2.2 billion for the first quarter of 2024, an increase of 10% compared with the first quarter of 2023. On an operational1 basis, revenue for the first quarter of 2024 increased 12% compared with the first quarter of 2023. Net income for the first quarter of 2024 was $599 million, or $1.31 per diluted share, an increase of 9% and 10%, respectively, on a reported basis.

Adjusted net income for the first quarter of 2024 was $634 million, or $1.38 per diluted share, an increase of 4% and 5%, respectively, on a reported basis, and an increase of 15% and 17%, respectively, on an operational basis. Adjusted net income for the first quarter of 2024 excludes the net impact of $35 million for purchase accounting adjustments, acquisition-related costs and certain significant items.

Highlights:

• Delivers 12% Operational Growth in Revenue and 15% Operational Growth in Adjusted Net Income for First Quarter 2024
• Reports Adjusted Net Income of $634 Million, or Adjusted Diluted EPS of $1.38, for First Quarter 2024
• Updates Full Year 2024 Revenue Guidance to $9.050 - $9.200 Billion, with Diluted EPS of $5.34 to $5.44 on a Reported Basis, or $5.71 to $5.81 on an Adjusted Basis
• Increases Full Year 2024 Operational Revenue Growth to 8.5% to 10.5% and Full-Year Operational Growth in Adjusted Net Income to 13% to 15%
• Reports Revenue of $2.2 Billion, Growing 10%, and Net Income of $599 Million, or $1.31 per Diluted Share, Increasing 9% and 10%, Respectively, on a Reported Basis for First Quarter 2024

Elanco Animal Health Reports First Quarter 2024 Results

Elanco Animal Health Incorporated (NYSE: ELAN ) reported financial results for the first quarter of 2024, provided guidance for the second quarter of 2024, and updated guidance for the full year 2024.

Elanco's Pet Health revenue was $639 million, a 5% decrease on both a reported and constant currency basis, with a 3% increase from price, compared to the first quarter of 2023. Excluding the estimated 10 to 13 percentage point headwind from the ERP Blackout, year over year growth in the first quarter was primarily driven by improved supply of certain vaccines, sales of new products, led by AdTab, improved demand for retail parasiticide products in certain European markets, including Spain, the impact of initial stocking of certain legacy Bayer Animal Health products into the U.S. distribution channel and increased pricing, partially offset by the slow start to the U.S.

OTC parasiticide season and continued competitive pressure on certain products in the U.S. veterinary channel.The Advantage? Family of products, inclusive of AdTab, contributed $128 million, a decrease of 19% excluding the impact from foreign exchange rates, with an estimated 16 percentage point headwind from the ERP Blackout. Seresto? revenue was $160 million, a decrease of 11% excluding the impact from foreign exchange rates, with an estimated 23 percentage point headwind from the ERP Blackout. Read more

CityVet, a Network of Veterinary Owned Practices, Opens New Practice in Texas

CityVet , the Dallas-based leading network of 37 veterinary-owned practices, will open a new clinic in Southtown, TX at 1028 S Alamo St,?San Antonio, TX 78210 on Friday, May 13th. This will be the 7th CityVet San Antonio location that will continue the approach to personalized veterinary medicine, serving the people through pet care with kindness at the forefront.?

Tucked away in one of the most historical and artistic neighborhoods of San Antonio, the Southtown clinic will serve the community by providing full-service care for pets, including preventative care, diagnostics, same-day walk-ins, surgery, grooming, and dental care. Read more

Covetrus Opens New State-of-the Art Distribution Center

Covetrus , a global leader in animal-health technology and services, today announced the opening of a new state-of-the-art distribution center in Grimes, Iowa, that will provide veterinarians with access to more than 5,000 product offerings used to manage vet practices and treat large and small animals. The company is moving to a larger facility to meet the growing demand for its products and services in the greater Midwest region.

The facility will primarily serve veterinarians and their practices in Arkansas, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Montana, Minnesota, Missouri, Nebraska, Oklahoma, South Dakota, North Dakota, Texas, Wyoming and Wisconsin.

Measuring more than 80,000 square feet, the new energy-efficient distribution center will maintain a comprehensive selection of products and solutions designed to meet the day-to-day needs of veterinarians and their practices. It will also feature walk in support whereby a veterinarian can visit the facility to pick up products or get other assistance. The expanded facility also allows for greater inventory depth and operational efficiencies, as well as future operational growth. Read more

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