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Animal Health News & Notes for June 1, 2007 6/1/2007

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Brakke Consulting's
Animal Health News & Notes for June 1, 2007
Copyright © Brakke Consulting, Inc.
Editor: Lynn Fondon, DVM, MBA
earnings news
other news
Boehringer Ingelheim Vetmedica
Fair Isaac
Swift & Co.
Veterinary Metrics
VGX Pharmaceuticals
JULY 16, 2007
For the first time, Brakke Consulting will be presenting our 2007 Industry Overview at the American Veterinary Medical Association Annual Convention.  The Mid-Year update will include current information on the leading animal health companies, observations of successes and challenges for new product and company entries into the marketplace, and estimates for year end 2007.  We’ll have a special section on our expectations for the market place in 2008 for your planning purposes.  We would encourage you to have your senior marketing and sales management participate in this Mid-Year update.
Registration is $350 for the first company attendee and $325 for each additional attendee from the same company at the same presentation.  To register online, visit our website at http://www.brakkeconsulting.com/2007AVMA.html.  Or call Jane Morgan in the Dallas office at 972-243-4033 or email jmorgan@brakkeconsulting.com .
> Biopure Corporation announced its financial results for the second fiscal quarter ended April 30, 2007. Total revenues for the second quarter of 2007 were $619,000, including $500,000 from sales of the company's veterinary product Oxyglobin. For the quarter, the company reported a net loss of ($6.2 million), compared with a net loss of ($7.1 million) for the corresponding period in 2006. (company website)
> Boehringer Ingelheim Vetmedica announced that Vetmedin (pimobendan), a treatment for congestive heart failure in dogs, has been approved by the FDA. (Animal Pharm) 
>  AgriLabs introduced Vita Charge and Vita Charge Appetite Plus, a family of all-natural products proven to quickly increase dry matter intake and improve performance during times of stress. Vita Charge-brand products combine Amaferm, a proprietary Aspergillus oryzae (a type of fungi) fermentation product, with vitamins and minerals, and use a unique mode of action to deliver higher yields of energy and protein from feed.  (company press release)
> Veterinary Metrics, Inc. announced that Schering-Plough's HomeAgain has partnered with the company to create custom software that links pet medical information to the HomeAgain pet recovery database.  The enhancements to the database enable HomeAgain to provide many of the value-added consumer services that are part of the new HomeAgain Pet Recovery Network. The company also announced relocation to their new office facility near the Atlanta, Georgia airport.  (company press release)
> VCA and Fair Isaac announced a distribution agreement whereby VCA will be the exclusive US distributor of Fair Isaac's line of FastPanel diagnostic products and services for companion animals.  FastPanel simultaneously tests for multiple pathogens, parasites and diseases using the same types of samples that are used in single pathogen tests. (Animal Pharm)
> VGX Pharmaceuticals Inc. announced that it has formed a wholly owned subsidiary, VGX Animal Health, Inc. The newly established company will include the animal health intellectual property and technology that came to VGX as a result of its acquisition of ADViSYS earlier this year. Additionally, VGX AH will have access to VGX's adaptive electroporation device, Cellectra, for all animal health applications. The VGX AH pipeline includes proprietary Growth Hormone Releasing Hormone plasmid technology for major food and companion animals. (Genengnews)
> HM Capital Partners, the majority owner of Swift & Co., and J&F Participacoes, which owns 77% of Brazilian meat processor JBS S.A., announced that HM and J&F have reached definitive terms under which J&F will acquire Swift in a transaction valued at $1.4 billion ($225 million in cash and the assumption of $1.2 billion in debt). JBS is the largest beef processor in Latin America, and the combination of JBS and Swift will create the world's largest beef processor, according to the announcement. Swift is the third-largest beef and pork processor in the US and is the largest beef processor in Australia.  The deal is scheduled to be completed in mid-July. Swift will retain its organizational identity. (Feedstuffs)
>  US - FEED RECALL  The FDA announced the recall of an ingredient used to make livestock and fish feed that may contain melamine and melamine-related compounds.  The agency was informed by Uniscope Inc. that it had tested its ingredients and found melamine in binding agents that it and a contract manufacturer produce. The FDA does not believe the melamine had been used to alter protein content but rather to improve the binding properties of the pellet binders. The melamine levels in these products are much lower than those previously found in the contaminated wheat gluten and rice protein concentrates. The source of the contamination was within the US.  (Feedstuffs)
> US - CANINE BLINDNESS TREATMENT  Iowa State University researchers may have discovered a new way to heal a cause of blindness in dogs afflicted with
SARDS, or "sudden acquired retinal degeneration syndrome," which blinds dogs by cutting off electrical activity to their retinas.  The researchers injected two dogs with human immunoglobulin, and were able to regain 5 to 10% of the electrical activity in the retinas of the dogs, enough to allow the dogs to navigate around their surroundings.  Researchers found that the treatment must be done within the first two months of the onset of SARDS, before the retina becomes degenerated beyond repair.  The researchers don't yet know how long the treatment will last, or which dogs will respond to it better than others. They are looking into producing canine intravenous immunoglobulin as a better treatment. (Sioux City Journal)
AnimalHealthJobs.com needs YOU!
AnimalHealthJobs.com, the job board dedicated to the animal health industry, is experiencing a strong increase in demand for higher-end positions in Research & Development, Regulatory Affairs, Product & Brand Management, Quality Assurance, and Field Veterinarian Support.
If you're interested in advancing your career from private practice or academia, now is an excellent time to consider your options.  If you have a DVM, Masters or Ph.D. in a technical discipline, there is a demand for your experience and expertise. Please visit our web site, register your profile and resume, and review the open positions on the site in this highly active job market. 
It appears by the small amount of news that many of you are still enjoying the long Holiday or that you’re involved in graduation activities or summer vacation.  If you’ve not noticed, the State of Texas is enjoying record rainfall.  The drought is officially over in a number of areas that have been very dry the past few years.  So, that should be good for the cow/calf operators.
As I make my tour through the upper Midwest the next few days I will report on the input from clients, producers and friends in agriculture.  I’m already quite amazed by the rapidly increasing land prices which are driven by the ethanol needs for corn over the next few years.  As one land owner mentioned to me, with $3.75 corn it’s time to raise the cash rent per acre!!  While there maybe some downside to higher food prices it appears that the agricultural economy for 2007 is going to be excellent!!
Have a nice weekend!!
Ron Brakke
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Brakke Consulting, Inc.
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Dallas, TX  75234    USA