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Animal Health News & Notes for March 23, 2007 3/23/2007

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Brakke Consulting's
Animal Health News & Notes for March 23, 2007

Copyright © Brakke Consulting, Inc.
 
Editor: Lynn Fondon, DVM, MBA
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IN THE NEWS:
 
earnings news
Adisseo
Provimi
 
other news
AAHA MARKETLink
BCP Ingredients
Bioniche
Central Life Sciences
Chinook Group
Hill's
Iams (recall)
Iams (vet diets)
Menu Foods
Nestle Purina
Nutro
Peptech
Professional Veterinary Products
Vets First Choice
 
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COMING IN APRIL
PAIN MANAGEMENT PRODUCTS FOR DOGS AND CATS
2007 UPDATE
 
Brakke Consulting will soon be publishing its annual review of the small animal pain management products market.  The new report includes 2006 product sales data, as well as news on new and developing products in the pain management area. Included are sections on nutraceuticals and prescription joint support diets.
 
The report also includes a survey of small animal veterinarians regarding their usage of pain management products, including NSAIDs, nutraceuticals, and the new joint support therapeutic diets.
 
The report will be available at the end of April.  Orders placed on or before April 15, 2007 are eligible for the early-bird discounted price of $4,995.  Orders received after April 15 will be at the regular price of $5,500.
 
Place your order today to get the latest information on the veterinary pain management market!  
For more information, contact Dr. Lynn Fondon at lfondon@brakkeconsulting.com or 972-243-4033. 
 
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COMPANY EARNINGS RELEASES
 
> Adisseo announced financial results for the full year 2006.  Sales were EUR 551 million ($727 million), an increase of 8% compared to 2005. (company website) 
 
> The Provimi Group announced its consolidated results for the full year 2006. Sales increased by 15% to EUR 1,823 million ($2,405 million). Progress in volume and sales was broadly based, with a strong increase in North America, European pet food and the emerging markets. Acquisitions contributed EUR 65 million net to sales. Net profit (Group share) improved to EUR 54.8 million ($72 million), an increase of 15.1%. (company website)
 
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COMPANY NEWS RELEASES
 
> AAHA MARKETLink and Professional Veterinary Products Ltd announced the launch of Vets First Choice, a new online store and home delivery service.  Vets First Choice gives veterinarians the opportunity to offer their clients a convenient way to purchase the products and medications they recommend and even sign up for automated refills.  (company press release)
 
> Central Life Sciences announced the addition of the Adams Plus line of flea and tick products to the Adams brand.  The new Adams Plus brand contains many value added features: a new formula with (S)-Methoprene, an insect growth regulator (IGR), which prevents flea eggs from developing into biting, breeding adults, plus an adulticide that quickly kills adult fleas and ticks. (company press release)  
 
> Bioniche Life Sciences Inc. announced that it has closed its previously announced Offering of units, raising gross proceeds of C$17.5 million (US$15 million).  Approximately $500,000 will be used to further the registration of the E. coli O157:H7 cattle vaccine. (company website) 
 
> Menu Foods, a major manufacturer of dog and cat food sold under a variety of brands, recalled 60 million containers of wet pet food after reports of kidney failure and deaths. The recall covers the company's "cuts and gravy" style food, and was sold by stores operated by the Kroger Co., Safeway Inc., Wal-Mart Stores Inc. and PetSmart Inc., among others.  Procter & Gamble announced a recall of specific canned and foil pouch cat and dog wet food products made by Menu Foods but sold under the Iams and Eukanuba brands, and Hill's, Nestle Purina, and Nutro announced related recalls as well. (CNN, company websites)  
 
> Iams announced that it will gradually change the name of its Eukanuba Veterinary Diets to Iams Veterinary Diets over the course of this year.  The goal is to make the therapeutic diets' brand more recognizable by veterinary clients. (Veterinary Practice News)  
 
> Balchem Corp. announced that its subsidiary, BCP Ingredients Inc., acquired certain choline chloride business assets of Chinook Group Ltd.  Financial terms were not disclosed. The acquisition will be integrated into BCP Ingredients' existing choline chloride manufacturing operations. (Feedstuffs online)
 
> EU   Peptech Ltd announced it received European Union recommendation for its veterinary contraceptive Suprelorin and that it expects the drug to be commercially available in Europe by the second half of 2007. (hemscott.com)
 
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ANIMAL HEALTH NEWS
 
> US - WYOMING BRUCELLOSIS FREE  The Animal & Plant Health Inspection Service (APHIS) published a final rule that amends the brucellosis regulations concerning the interstate movement of cattle by changing the classification of Wyoming from class A to class free.  Wyoming lost its brucellosis-free status in 2004. (Feedstuffs online)
 
> US - NEW PETFOOD MAJOR   The Board of Regents of the University of Nebraska at Lincoln recently approved a new academic major in food technology for pets that could be available next fall. The growing petfood industry and the demand for workers encouraged some at the university to add the major. University officials are also reportedly considering adding an animal science major related to pets, which the regents could vote on next year. (Petfood Industry)
 
> US - CONTROLLED RISK FOR BSE   The World Organization for Animal Health's (OIE) Scientific Commission has endorsed the recommendation from an OIE expert panel that the US be classified as "controlled risk" for BSE. OIE's General Assembly will vote on the recommendation in May. (Beef Cow-Calf Weekly)
 
> US - FUEL FROM ANIMAL FAT   A researcher at North Carolina State University has shown he can make high-grade jet fuel from animal fat not even fit to be called lard. Once he can produce about two cups, over the next eight months or so, he will use it to fire up a miniature jet engine.  Diversified Energy in Gilbert, Ariz., is already negotiating a license agreement with N.C. State and believes eventually the fuel could be sold to customers such as the U.S. military. (Meating Place)
 
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BRAKKE CONSULTING VIEWPOINT
 
Congratulations to John Albers and the AAHA organization for a successful meeting earlier this week.  One has to be impressed with the quality of the program for this meeting.  The educational and training materials exhibit area was most impressive.
 
The feedback from various manufacturers regarding sales results for the first quarter of 2007 remains positive for growth.  The only clouds on the horizon for 2007 in the US appear to be the prices of feed grains for protein production.  Most of the experts we have heard address this issue believe that the ethanol boom is not temporary, but is here to stay for the next few years.
 
Based on the current pet food recall, it appears that the University of Nebraska is ahead of the curve is offering a new major in pet food.  We commend the manufacturers involved in this latest recall for their actions in quickly resolving the matter.  Negative industry publicity impacts all firms serving pet owners. 
 
Have a Great Weekend!!
 
Ron Brakke
 
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2735 Villa Creek, Suite 140
Dallas, TX  75234    USA