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Animal Health News & Notes for May 16, 2008 5/16/2008

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Brakke Consulting's
Animal Health News & Notes for May 16, 2008

Copyright © Brakke Consulting, Inc.
 
Editor: Lynn Fondon, DVM, MBA
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IN THE NEWS:
 
earnings news
Heska
JBS S.A.
Novozymes
PetMed Express
Phibro Animal Health
 
other news
Aribex
Arkansas, University of
Biopure
Cermaq
Dechra
EWOS Chile Alimentos
Intervet
Professional Sales Associates
Svanova Biotech AB
 
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COMPANY EARNINGS RELEASES
 
> Phibro Animal Health Corp. said its third-quarter sales rose 22 percent to $132 million, led by volume increases in the Animal Health and Nutrition business and reported a net loss of $12.3 million.  The Animal Health and Nutrition division posted a 26 percent growth to $108.5 million in sales for the third quarter ended March 31.
(Forbes.com - Thomson Financial)
 
> Heska reported its results for the first quarter ended March 31, 2008.  Total revenue was $21.9 million, a decrease of 3.5% compared to the first quarter of 2007.  There was a loss from operations of $223,000 vs. an operating income of $2.65 million for the same quarter last year.  (company press release) 
 
> Novozymes, the Danish biopharmaceutical group and manufacturer of feed enzymes, has reported an increase in sales in the first quarter of 2008.  The company made an operating profit of DKK272m ($54.7m) on sales of DKK2bn in the three months to March 31st 2008, compared with DKK 359m and DKK1.9bn in the same period of 2007.  (Animal Pharm)
 
> PetMed Express, Inc. announced its financial results for the fiscal year ended March 31, 2008. Net sales were $188.3 million, compared to $162.2 million for the prior year, an increase of 16%. Net income was $20.0 million compared to net income of $14.4 million for the prior year. (Business Wire)
 
> JBS S.A., the Brazilian beef giant, reported a first-quarter loss of $4 million, compared with net earnings of some $6.4 million in the same period one year ago.  Net sales grew to $3.49 billion from roughly $650 million during the quarter ended March 30, mainly due to the acquisition of Swift.  (Meating Place)
 
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COMPANY NEWS RELEASES
 
>  Biopure Corporation announced it has appointed Dechra Veterinary Products as exclusive distributor for Oxyglobin(R) solution in the U.S. (company press release)
 
> A rapid on-farm (‘pen-side’) test for foot-and-mouth disease has now become commercially available.  Dr Nigel Ferris, of the Institute for Animal Health’s Pirbright Laboratory, has been collaborating with Svanova Biotech AB since 2002 to develop the test. The small, hand-held “lateral flow” device involves the same technology as is used in home-pregnancy tests.  (meatinfo.co.uk)
 
> Intervet has voluntarily recalled its swine fever vaccine from the European market, reports the European Medicines Agency (EMEA). The Agency was notified of the decision by the veterinary competent authority in the Netherlands.  The company says the measure is a precautionary one, after its routine stability testing of its Porcilis Pesti vaccine detected reduced stability in three batches of the product.  (Animal Pharm)
 
> The University of Arkansas dedicates its new Byproduct Feeds Research and Demonstration Barn at the Southwest Research and Extension Center in Hope, Ark.  The facility will be used for research and demonstration projects about alternative cattle feed ingredients aimed at helping livestock producers address high grain costs. (Meating Place)
 
> Aribex, Inc., manufacturer of the NOMAD handheld x-ray device, has announced an agreement with Professional Sales Associates, Inc. (PSA) appointing PSA to represent Aribex in the veterinary market.  PSA has 26 Sales Associates and covers the entire U.S. in the veterinary market. (company press release)
 
> EWOS Chile Alimentos, a wholly owned Chilean subsidiary of Norwegian aquaculture firm Cermaq, is to buy a fish feed plant from Cultivos Marinos ChiloĆ© (CMC) for around $14m.  (Animal Pharm)
 
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ANIMAL HEALTH NEWS
 
> UK - PET FOOD:  An annual report by the chairman of the Pet Food Manufacturers’ Association (PFMA) in the UK said the national market had seen a 3% growth in sales in 2007 toward £1.7 billion (US$3.3 billion), across the dog, cat and other small animal sectors. There are 27 million pets in the UK, spread around 43% of households.  (Petfood Industry.com)
 
> US - E. COLI:  Palama Holdings LLC in Kapolei, Hawaii, is voluntarily recalling approximately 68,670 pounds of ground beef products because it may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture's Food Safety and Inspection Service announced. (Meating Place)
 
> UK - ILEITIS & COLLITIS APPROVAL:  A 2% premix (tiamulin hydrogen fumarate) called Denagard® has now been approved in the UK for the in-feed treatment of both ileitis and colitis, adding to its original usage as a treatment and prevention for swine dysentery and as an aid in the control of enzootic pneumonia. (AnimalNet - pighealth.com)
 
> UK - RABID BAT:  A bat carrying the deadly rabies virus has been discovered in the UK just two weeks after three people survived bites from a rabid dog in northwest London. Tests showed it had European bat lyssavirus 2 (EBLV-2), a strain of bat rabies. (AnimalNet - Times Online)

> JAPAN - AVIAN INFLUENZA:   Japan has found the H5N1 strain of bird flu in another swan in the northernmost main island of Hkkaido, the prefectural government said.  (AnimalNet - Reuters)
 
> INDIA - AVIAN INFLUENZA:   According to the animal resources development minister in the state of West Bengal, India, samples from dead chickens tested positive for the H5N1 strain. (AnimalNet - Agence - France Presse)
 
> US - MEAT PRODUCTION:  Tighter supplies of cattle will force beef production to decline in 2009, and pork production will decline due to reduced farrowings later this year and next year, USDA said in its latest World Agriculture Supply and Demands Estimates.  (Meating Place)
> KOREA - AVIAN INFLUENZA:  South Korean officials killed Seoul's entire poultry population to curb the spread of bird flu following a fresh outbreak of the disease in the capital.  Quarantine officials destroyed 15,000 chickens, ducks, pheasants and turkeys. (AnimalNet - AP & Herald Tribune)
> VIETNAM - AVIAN INFLUENZA:  Bird flu has recently hit Vietnam's southern Long An province, raising the total number of localities currently affected by the disease to five.  (AnimalNet - Xinhua News Agency)
> US - CORNEAL IMPLANT IN DOG:  Veterinarians from Iowa State University announced they have performed the first veterinary corneal implant procedure in the United States.  (UPI)
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BRAKKE CONSULTING VIEWPOINT
 
There seemed to be as much bad news as good this week, particularly in the number of Avian Influenza reports.  The animal health industry depends on consumers (pet owners) and meat and poultry producers for its livelihood.  In the current economic situation (at least in the US), these customers are under pressure.  Often overlooked is the role animal health can play in public health, a segment that is largely government funded and more recession-proof.
 
Have a great weekend!!
 
John Mannhaupt, Guest Editor
Dr. Fondon is on vacation and will return next week
 
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