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Archive for the ‘Veterinary Medicine’ Category

Cramer’s week ahead: This is the time to speculate – CNBC

Saturday, December 12th, 2020

With a Covid-19 vaccine use authorization from U.S. drug regulators imminent, CNBC's Jim Cramer said Friday the time is ripe to take on some risk in the market.

"If you want to speculate, this is the time to do it, just speculate wisely," the "Mad Money" host said. "You've got my blessing to buy stocks into weakness as we move closer to the long-awaited vaccine, even if the much-needed stimulus bill is still up in the air."

The comments come after another mixed trading session on the stock market, closing a week when all the major averages posted declines and the Russell 2000 rose higher for the sixth straight week. The Dow Jones inched up 0.16% to 30,046.37. The S&P 500 slipped 0.13%, its third down day, to 3,663.46, and the Nasdaq Composite slid 0.23% to 12,377.87.

The day was marked by volatility as some investors traded on vaccine hopes, while others traded on uncertainty of ever-rising daily coronavirus cases and the stimulus bill standoff in Congress, Cramer said.

The Food and Drug Administration is expected to soon authorize the vaccine from Pfizer and BioNTech.

"The market's ratcheted back its expectations, so if we do actually get a stimulus compromise next week, stocks could come roaring back," Cramer said.

Cramer gave viewers a look at the earnings reports he has circled on his calendar in the week ahead. All projections are based on FactSet estimates:

AbbVie

"If AbbVie can present some good numbers for its newer drugs that could replace Humira, that will take the pressure off that drug and the company, and I think the stock could soar," Cramer said.

Elanco Animal Health

"This is a veterinary medicine play, and if CEO Jeff Simmons has anything newsworthy, the stock could play catch-up," Cramer said.

Lennar

Herman Miller

"We know Toll Brothers reported a very good quarter this week, and its stock just got crushed," Cramer said. "So unless Lennar and Herman Miller sell off hard going into their results, I suggest you take a pass. You're going to hear too much chatter about how these are the last good quarters or maybe the penultimate good quarters. I think that's wrong."

Accenture

"We start with Accenture, the information technology outsource consultant with a stock that tends to get hit on earnings," Cramer said. "Time after time, that's been a terrific entry point."

General Mills

"The market sure didn't like the numbers from Campbell Soup, but I bet General Mills will be better received," he said. "Watch their pet food business ... We know that category is on fire."

Rite Aid

FedEx

"We know that RAD (Rite Aid) will be one of the main distributors of the vaccine, along with CVS and Walgreens. We also know that FedEx will be shipping this thing all over the place. However, it's not much of a needle mover," he said. "That's bad news for Rite Aid, because they're being beaten by CVS and Walgreens ... but it's good news for FedEx, with its thriving e-commerce business."

Jabil

"People will try to extrapolate the success of the iPhone 12 from [supplier] Jabil, but it's a torturous affair because they're not allowed to mention the word Apple by name," Cramer said. "Still, the analysts will figure it out, and they're going to update their [Apple] forecasts on Friday."

Darden Restaurants

"I expect them to say good things, but it might not matter at this point, especially since the stock's already run a great deal from when they slashed the dividend," Cramer said.

Nike

"Nike should report a fabulous number because all of its physical store markets are coming back and its direct-to-consumer business is on fire," he said. "I would be shocked if Nike doesn't crush the estimates."

Disclaimer

Disclosure: Cramer's charitable trust owns shares of AbbVie, Nike, CVS and Apple.

Questions for Cramer?Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer's world? Hit him up!Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

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Southern Pines Adds 175-Acre Site to its Parks & Recreation Facilities – Southern Pines Pilot

Saturday, December 12th, 2020

The Southern Pines Town Council unanimously approved a $1.6 million deal to acquire the 157-acre Whitehall Tract during a special called meeting Thursday.

Located on Pee Dee Road, the mostly undeveloped land abuts the towns existing Reservoir Park and nearly doubles the size of this popular recreation destination.

An initial down payment of $250,000 is due next week with closing scheduled on Tuesday, Dec. 15. Two additional payments totaling $575,000 will be paid next year, with a final balloon payment of $822,300 due in spring 2022.

Approximately one-third of the property, which is also known as the Drexel Land, is under a conservation easement and there is an existing 2-mile public walking trail on the tract.

Former property owner Barbara Sherman, a retired veterinarian and professor of North Carolina State Universitys College of Veterinary Medicine, initially approached the town several years ago about the potential land deal. Her goal was to see the open space, biodiversity and natural beauty of the property preserved and protected from future development.

Check out next Wednesdays edition of The Pilot to learn more about the history of Whitehall and how its owners, past and present, have worked to protect this treasured property.

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Getting ahead of osteoarthritis in pets – American Veterinary Medical Association

Friday, December 11th, 2020

In dogs, unlike humans, osteoarthritis actually tends to start at a young age. In cats, osteoarthritis is exceedingly common. Yet, the disease often goes undiagnosed and untreated in pets.

A diagnosis of osteoarthritis in a pet can be unwelcome to the veterinarian as well as the pet owner because the disease is painful and progressive, but experts say earlier diagnosis and treatment are pivotal to managing both the pain and the progression of the disease.

At the AVMA Virtual Convention 2020 in August, professors from two veterinary colleges gave talks about treating canine osteoarthritis effectivelyincluding by using a new staging tooland integrating new types of treatments for pets with osteoarthritis. At the American Association of Feline Practitioners virtual conference in October 2020, the owner of a feline-only practice discussed how to manage feline osteoarthritis cases.

Dr. B. Duncan X. Lascelles, professor of surgery and pain management at North Carolina State University College of Veterinary Medicine, spoke at the AVMA Virtual Convention 2020 on When and How, Treating Canine OA Effectively.

In humans, Dr. Lascelles said, osteoarthritis is an older persons disease. People erroneously superimpose that fact on dogs, but osteoarthritis in dogs mostly results from developmental problems. He said, Osteoarthritis is a young dogs disease.

Then, when does osteoarthritis pain actually start in dogs? Dr. Lascelles said pain starts in younger dogs, but they adapt their posture to continue daily living activities. The pain has deleterious effects such as musculoskeletal deterioration, central sensitization, and cognitive and affective decline. All of these result in increased resistance to treatment.

We dont want to make a diagnosis of OA in young dogs. We see OA as an incurable lifelong disease, and we dont want to have what we think is a depressing conversation about this with owners of younger dogs, Dr. Lascelles said. Actually, I think that we should have that conversation with owners but turn it around and make it more optimistic. Im glad we made this diagnosis because now we have the opportunity to improve your dogs future.

Dr. Lascelles was part of the group that developed the new Canine OsteoArthritis Staging Tool. COAST is available from Elanco at jav.ma/coast or by calling 888-545-5973.

The first step of COAST is to grade the dog through owner assessments, via a clinical metrology instrument and owner observation of the dogs discomfort, and through a veterinarians evaluation of the dogs static posture and motion. The second step of COAST is for the veterinarian to grade the problematic joint on the basis of severity of signs of pain during manipulation, passive range of movement, and radiographic appearance.

The last step of COAST is to assign a numerical stage ranging from 0-4. Stage 0 is clinically normal with no risk factors for osteoarthritis, stage 1 is clinically normal with risk factors for osteoarthritis, stage 2 is mild osteoarthritis, stage 3 is moderate osteoarthritis, and stage 4 is severe osteoarthritis.

Dr. Lascelles said the four pillars of treatment for osteoarthritis in dogs are an effective analgesic such as a nonsteroidal anti-inflammatory drug, weight optimization, diet optimization, and exercise. The treatments are interdependent. An effective analgesic decreases pain, which allows for an increase in exercise. Exercise contributes to weight management, and exercise and weight management together decrease pain. Finally, a decrease in pain allows for a decrease in the analgesic requirement.

Dr. Lascelles shared his basic six-month approach to all patients with osteoarthritis pain. For three months, he prescribes an analgesic, a gradual increase in exercise, omega-3 fatty acids in a supplement or special diet, and reduction of food by a third with the addition of green beans, broccoli, or carrots. For the next three months, he reduces the dose or frequency of the analgesic, maintains exercise and diet, and further optimizes or maintains weight.

Dr. Bryan T. Torres, an assistant professor of small animal orthopedic surgery at the University of Missouri College of Veterinary Medicine, spoke at the AVMA Virtual Convention 2020 on Osteoarthritis Management: Integrating New & Emerging Therapies Into Your Current Treatment Plans, during the New Therapeutic Approaches to Chronic Care Symposium.

Dr. Torres considers the fundamentals of osteoarthritis management to be weight management, exercise modification, dietary management, drugs, and surgery. He said surgical options are always available but should be most strongly considered when medical management alone has reached its limits.

One of the emerging areas of osteoarthritis management is monoclonal antibodybased agents that are being developedbut that are not yet commercially availableto target cellular components that affect osteoarthritis pain and inflammation, such as cytokines, chemokines, and neurotrophins. Studies have found that monoclonal antibodies targeting nerve growth factor, a neurotrophic factor, reduce pain in humans, dogs, and cats with osteoarthritis.

Intra-articular treatments historically have included corticosteroids and hyaluronic acid, but other intra-articular treatments currently available include platelet-rich plasma and stem cells. There is some evidence that the latter two can be effective in animals with osteoarthritis, but most studies are of small populations with variability in treatments, joints affected, and disease severity.

Another currently available intra-articular treatment is radiosynovectomy, or the use of radioactive agents to reduce inflammation and chondromalacia in patients with osteoarthritis. Unfortunately, Dr. Torres said, there are no peer-reviewed studies available yet.

Cannabinoids also have potential for treating osteoarthritis in animals. Receptors for cannabinoids are present throughout joints, and the human literature has data supporting use of cannabinoids for pain. The evidence to support the efficacy of cannibidiol is currently limited but growing in veterinary medicine.

Integrating new therapies can be challenging, Dr. Torres said. Just dealing with patients with this common condition can seem challenging. It can seem overwhelming because we have so many options out there, but thats good, as long as we have a grasp of what to do and how to do it.

And I think the keys to remember are that in most cases, were going to start with these foundational therapies, right? Weight management, exercise modification, dietary management, drug therapy, surgical therapy. These are going to work in most of the animals, and this is the way to start.

Dr. Elizabeth Colleran, owner of Chico Hospital for Cats in Chico, California, spoke at the 2020 AAFP virtual conference about Pouncing on Pain: Managing Feline Osteoarthritis Cases.

Dr. Colleran described cats as solitary hunters that have limited social communication and are deliberately inscrutable. They manifest pain through reductions in play, grooming, socializing, and appetite and increases in hiding and sleeping. Dr. Colleran cited a study led by Dr. Lascelles that found 91% of cats between 6 months old and 20 years old have radiographic evidence of osteoarthritis in at least one joint.

To evaluate pain in cats with osteoarthritis, Dr. Colleran uses the Feline Musculoskeletal Pain Index out of North Carolina State University. She said the FMPI is an evaluation of common behaviors and activities that take place in the household and that dont really take place in the examination room. Cat owners also can use a smartphone to record cats at home in slow motion to allow a veterinarian to evaluate gait, play, and jumping.

When cat owners are resistant to the idea of osteoarthritis pain in their cat, Dr. Colleran often will put the cat on an anti-inflammatory medication such as robenacoxib or meloxicam or an analgesic such as buprenorphine and ask the owners to report back in a few days.

Recently, Dr. Colleran could tell that a cat had osteoarthritis just by touching his back, but she couldnt convince the owner. So she put the cat on robenacoxib for three days, and the owner called back to say he hadnt seen what was happening. She said, He was so aghast at the fact that he had missed really significant osteoarthritis pain and was convinced not by my explanation in the exam room but by the experience he had of the change in behavior at home.

Dr. Colleran said the components of a treatment plan for osteoarthritis in cats can include weight loss, pharmaceuticals, environmental enrichment or modification, and a special diet or omega-3 supplements.

Usually, when we have some acute pain, well start with opioids, add in some NSAIDs, and then start thinking about ways in which we can change the experience that the cat is having and improve quality of life, Dr. Colleran said. But in all of these, you need to prioritize the ones that are working for this cat and this client at this time.

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American Association of Food Safety and Public Health Veterinarians – American Veterinary Medical Association

Friday, December 11th, 2020

Event

Virtual meeting, Oct. 15, 2020

AAFSPHV Veterinarian of the YearThis award, given each year in recognition of a veterinarians outstanding accomplishments in the fields of veterinary food safety and public health, was dedicated to veterinarians across the globe in recognition of their extraordinary work to protect and preserve public health before, during, and after the COVID-19 pandemic. During the pandemic, veterinarians are playing a vital role in numerous ways, such as conducting collaborative research to better understand SARS-CoV-2 and developing potential mitigation tools; supporting the diagnostic capacity of human health services by performing high-throughput testing of human COVID-19 samples; donating personal protective equipment and ventilators; developing effective public health interventions and assisting with the tracking and surveillance of human and animal disease; continuing to ensure the safety of our food supply while working to identify solutions and respond to the impacts the pandemic has had on our food production systems; and offering essential care to both companion and food animals while implementing appropriate precautions to protect the health of patients, clients, and veterinary staff members.

The AAFSPHV provided members with an update on the organizations history, membership, continuing education plans, student outreach program, strategic planning, and a new collaborative partnership with the National Association of Federal Veterinarians, United States Animal Health Association, and American College of Veterinary Preventive Medicine.

Drs. Donna DeBonis, Oak Harbor, Washington, president; Angela Demaree, Indianapolis, president-elect; Catherine Alexander, Fort Collins, Colorado, recording secretary; Kelly Vest, Blackwell, Oklahoma, treasurer; Jennifer Koeman, Seattle, immediate past president; Katherine Waters, Denver, executive vice president and AVMA alternate delegate; Kristen Obbink, Ames, Iowa, AVMA delegate; and directorsDrs. Roger Murphy, Raleigh, North Carolina; Van H. Brass II, Phoenix; Renee Funk, Atlanta; Mike Gilsdorf, Sykesville, Maryland; Kristen Obbink, Ames, Iowa; and Pamela Abney, Millsboro, Delaware

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New Cancer Immunotherapy Shows Promise in Early Research Co-led by CPB Distinguished Professor – Purdue Veterinary News

Friday, December 11th, 2020

Friday, December 11, 2020

A new approach to cancer immunotherapy has the potential to be a universal treatment for solid tumors, according to researchers at Purdue University, including a Distinguished Professor in Purdue Veterinary Medicines Department of Comparative Pathobiology. The research was led by Dr. Philip Low, Purdues Presidential Scholar for Drug Discovery and Ralph C. Corley Distinguished Professor of Chemistry, and Dr. Timothy Ratliff, Distinguished Professor of Comparative Pathobiology and the Robert Wallace Miller Director of the Purdue University Center for Cancer Research.

The two scientists collaborated to develop and test the new treatment that works not by attacking the cancer cells themselves, but by focusing on immune system cells that, ironically, feed the tumor and block other immune system cells from destroying it. The first details of the approach were published recently in the journal Cancer Research.

Dr. Low said the treatment is totally unique and has been shown to work in six different tumor types. So far, the treatment has been tested in human tumor cells in the laboratory and in human tumors in animal models. The approach targets immune cells that, in cancerous tumors, stop the bodys own defenses from killing the tumor.We can reprogram the immune cells within the tumor to help kill the tumor instead of allowing these cells to help the tumor grow, Dr. Low said.

In this technique, an anti-cancer drug that would normally be too toxic for human use is linked to folate, which is a type of vitamin B. Almost no normal cells have a receptor for the folate, so it passes on through the body, but certain cancer-associated immune cells do.

We use the vitamin folate to target attached drugs specifically to these nonmalignant cells within a tumor mass that, unfortunately, promote tumor growth. These tumor-associated macrophages love folate, Dr. Low said. They have an enormous appetite for it. They take it up right away, and if they dont, the compound passes in the urine within about 30 minutes. So, we re using folate as a kind of Trojan horse to trick the tumor-promoting immune cells into eating a drug that will reprogram them into tumor-fighting immune cells.

Dr. Ratliff explained that this treatment may prove to be more universally effective than current cancer immunotherapies. There are therapeutic antibodies that are used on some types of cancer. And many people have heard of checkpoint immunotherapies, which block certain parts of the immune response, Dr. Ratliff said. When I talk to groups, I always point out that former President Jimmy Carter had metastatic brain cancer, and he went through immunotherapy, and it eliminated the cancer for him.

But the problem is, Dr. Ratliff continued, that only about 20 percent of the patients actually respond. So, we need to take a different approach to modulating the immune response. Dr. Ratliff said the folate-targeted approach is exciting because it is the first research project that has found a way to target the cells that boost tumor growth in the tumor environment.

These are cells that are important to the tumors, but they arent the tumor cells themselves, Dr. Ratliff said. By targeting these myeloid cells within the tumor, we have a universal process because these cells are present in all of the solid tumors.

Dr. Low said the new immunotherapy treatment could be available to patients within a decade.On average, this usually takes ten years, but we have a small team and were aggressive. So, I think theres a reasonable chance this could make it to the public within seven years or something like that, he said. It would probably cost a couple hundred million dollars, at the very least, to develop and test this drug.

So its not going to be cheap, and its not going to be easy. But this drug has enormous potential to save many lives. So, we will do our best.

Click here to view a complete news release about the research.

Writer(s): Steve Tally, Purdue News Service | pvmnews@purdue.edu

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Veterinary Medicine Market Analysis 2020 With COVID 19 Impact Analysis| Leading Players In-depth Analysis Research Report Foresight to 2027 -…

Friday, December 11th, 2020

Databridgemarketresearch.com added a new study on Veterinary Medicine Market Research Review 2020 that has been just made available providing an extensive knowledge and perceptions of the industry. A credible Veterinary Medicine Market report has been prepared with the detailed market analysis that is performed by a team of industry experts, skilful analysts, dynamic forecasters and knowledgeable researchers. This report is the best source to accomplish unparalleled insights and acquaintance of the best market opportunities into the relevant markets. The market study of the large scale Veterinary Medicine Market report evaluates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. Additionally, businesses can achieve great benefits with this information to come to a decision on their production and marketing strategies.

Veterinary Medicine Market research report enlists the chief competitors and presents the strategic insights and analysis of the key factors influencing the industry. This market report guesstimates the growth rate and the market value based on market dynamics and growth inducing factors. The major areas of this report comprises of market definition, market segmentation, competitive analysis and research methodology. Moreover, as it is important for the businesses to acquire knowhow of consumers demands, preferences, attitudes and their changing tastes about the specific product, this market report bestows with all of this. Veterinary Medicine Market report best suits the requirements of the client.

Veterinary medicine marketis expected to reach a market value of USD 45.6 billion by 2027 whilegrowat a potential rate of 7.15% in the forecast period of 2020 to 2027. Growing number of pet adoption will help in the growth of theveterinarymedicine market.

Get Sample Report + All Related Graphs & Charts @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-veterinary-medicine-market

Major players

The major players covered in the veterinary medicine market report are Merck & Co., Inc., Ceva, Vetoquinol S.A., Zoetis, BoehringerIngelheim International GmbH, Bayer AG, Elanco.,Nutreco N.V.,Virbac., Kindred Biosciences, Inc., BiogenesisBago, infocusrx., NEOGEN CORPORATION, Hester Biosciences Limited., Cargill, Incorporated., ADM Animal Nutrition,among other domestic and global players. Bone anchored hearing systems market share data is available for global, North America, South America, Europe, Asia-Pacific (APAC) and Middle East and Africa (MEA)separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Patient Epidemiology Analysis

Veterinary medicine market also provides you with detailed Customization Available: Global Veterinary Medicine Market

market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

Increasing prevalence of veterinary professionals, growing demand of pet insurance, increasing initiatives by the government as well as private regarding animal health, rising consumption of meat and mandatory vaccinations, growinglivestockpopulation as well as pet ownership rates will likely to enhance the growth of the veterinary medicine market in the forecast period of 2020-2027. On the other hand, increasing research and development for procedural advancement will further boost various opportunities that will lead to the growth of the veterinary medicine market in the above mentioned forecast period.

Rising number of counterfeit drugs, rising occurrences of various infections will likely to hinder the growth of the veterinary medicine market in the mentioned forecast period.

This veterinary medicine market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the veterinary medicine market scenario contactData Bridge Market Researchfor anAnalyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

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Global Veterinary Medicine Market Scope and Market Size

Veterinary medicine market is segmented on the basis ofproduct, animal type, mode of delivery and end-use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Veterinary Medicine Market Country Level Analysis

Veterinary medicine market is analysed and market size information is provided by country by product, animal type, mode of delivery and end use as referenced above.

For More Insights Get Detailed TOC @https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-veterinary-medicine-market

North America dominates the veterinary medicine market due to prevalence of favourable government policies along with rising initiatives to improve animal health while the Asia-Pacific region is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 because of expansion of manufacturing facilities and vaccination for livestock animals.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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An absolute way to forecast what future holds is to comprehend the trend today!Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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The Faculty of Medicine of the UNAM will teach the Bachelor’s Degree in Human Nutrition Science – Entrepreneur

Friday, December 11th, 2020

It is career number 130 and will last eight semesters, in which 449 credits are covered, divided into 58 subjects - 53 compulsory and 5 electives - plus one year of social service.

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December9, 20203 min read

The University Council of UNAM approved the creation of a degree in Human Nutrition Science, which will be offered at the Faculty of Medicine in Ciudad Universitaria. The faculties of Veterinary Medicine and Zootechnics, Psychology and Chemistry are participants. Among the advisory entities we can find the Obesity and Eating Disorders Clinic of the National Institute of Medical Sciences and Nutrition "Salvador Zubirn" and the Child Obesity Clinic of the General Hospital of Mexico "Dr. Eduardo Liceaga .

With this career offered in the highest house of studies, 130 in total would be added. The purpose of the Bachelor of Science in Human Nutrition is to train competent professionals, capable of integrating and applying scientific, clinical and social knowledge, based on clinical - nutritional - community diagnoses through the assessment of nutritional status, surveillance food - food guidance and education that helps solve problems facing the country in health matters.

The initial quota will be 30 students and admission is indirect, so applicants must be accepted in any of the careers in the area of Biological, Chemical and Health Sciences taught by the National Autonomous University of Mexico, then they will participate in an internal selection process.

According to the creation project, the new degree covers the strategic programs of the Institutional Development Plan 2015 - 2019, linked to the study plans, comprehensive research and development and participation of university students and the highest house of studies. All of the above for national progress and with the commitment that the Faculty of Medicine has with the country in health.

The document states, The Science of Human Nutrition must be the basis of food and nutrition policies. These must be designed to identify, create, conserve and protect community, national and global, rational, sustainable and equitable food systems, in order to sustain the health, well-being and integrity of humanity .

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Veterinary Medicine Industry Growth Forecast Analysis Manufacturers, Regions, T – News by aeresearch

Friday, December 11th, 2020

The new research report titles Global Veterinary Medicine market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 that studies all the vital factors related to the Global Veterinary Medicine market that are crucial for the growth and development of businesses in the given market parameters. The report highlights the important elements related to the market such as the market size, share, company profiles, profitability, opportunities and threats, technological advancements, key market players, regional segmentation, and many more important elements related to the Global Veterinary Medicine market.

The recent Veterinary Medicine market report contains a detailed analysis of this business domain in accordance to the primary growth catalysts, opportunities, and limitations shaping the industry dynamics. An economy-wide database of the regional markets along with the leading organizations that occupy them is outlined in the document. Furthermore, it studies the impact of COVID-19 pandemic on the growth matrix of this vertical and draws attention to the popular tactics adopted by major players to adapt to the uncertainties in the industry.

Major highlights from COVID-19 impact analysis:

Request Sample Copy of this Report @ https://www.aeresearch.net/request-sample/385583

An overview of the regional analysis:

Additional highlights from the Veterinary Medicine market report:

Some of the key questions answered in this report:

What will the Veterinary Medicine market growth rate, growth momentum or acceleration market carries during the forecast period?

What was the size of the emerging Veterinary Medicine market by value in 2020?

What will be the size of the emerging Veterinary Medicine market in 2026?

Which are the key factors driving the Veterinary Medicine market?

Which region is expected to hold the highest market share in the Veterinary Medicine market?

What trends, challenges and barriers will impact the development and sizing of the Global Veterinary Medicine market?

What are the Veterinary Medicine market opportunities and threats faced by the vendors in the global Veterinary Medicine Industry?

What are sales volume, revenue, and price analysis of top manufacturers of Veterinary Medicine market?

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Pet Talk: What To Know About Cherry Eye In Dogs | FCT News – Freestonecountytimesonline

Friday, December 11th, 2020

The eye ailment is especially frequent in certain breeds like the cocker spaniel and Pekinese.

Spotting a red bump in the corner of a pets eye is a concerning but not uncommon experience for many dog owners. Colloquially called cherry eye, this bump may be a prolapsed gland of the nictitans, also known as the third eyelid.

Dr. Sean Collins, a clinical assistant professor at the Texas A&M University College of Veterinary Medicine & Biomedical Sciences, says that ophthalmologists dont entirely understand why the gland of the nictating membrane sometimes protrudes from its original position, but it is believed to be a result of a weakness in the connective tissue responsible for holding the gland in the correct position.

This condition can happen to any breed of dog but is seen most commonly in certain breeds, including the American cocker spaniel, English bulldog, Lhasa apso, and the Pekinese, Collins said.

Pet owners who spot a red swollen mass in the inner corner of their pets eye, large or small, should bring it to their veterinarians attention promptly. In addition to causing irritation to the dog, this condition can have lasting consequences when left untreated.

Without correction, chronic prolapse can lead to conjunctivitis (pink eye) and ocular discharge (liquid coming from the eye), Collins said. It has also been shown that with correction, dogs are less likely to develop low tear production later in life.

Low tear production can result in multiple problems if left untreated. In addition to pain and decreased vision, corneal ulceration may also develop, which can become infected and result in a ruptured eye. This condition responds well to tear stimulant therapy in most cases, but lifelong medication is usually required.

Your veterinarian will be able to confirm whether your pet has cherry eye and can develop a treatment plan that works best to resolve the issue and reduce the potential for ocular issues as your dog ages.

Initial therapy may consist of topical anti-inflammatory therapy if local inflammation may be contributing to prolapse of the gland, he said.If a short course of medical therapy does not work or re-prolapse develops, surgical repositioning is indicated. There are numerous surgical techniques to reposition the gland with overall high success rates.

If surgical treatment is required, Collins stresses that this treatment will benefit your pet in both the short- and long-term.

Surgical repositioning is very important if initial medical therapy fails, as the gland is responsible for about 30-50% of the aqueous tear production in the dog, he said. We commonly see low tear production in the same breeds that develop a prolapsed gland of the nictitans. It has been shown that dogs with surgical repositioning of the gland have a lower chance of developing low tear production later on in life compared to those where the gland has been excised or remains chronically prolapsed.

Unfortunately, there are no known preventative measures to protect against cherry eye, Collins said. This condition can develop in both eyes, usually before the age of two. The best way owners can protect their furry friend is to remain vigilant in monitoring their pets health and to bring concerns to their veterinarian promptly in case an issue does arise.

Pet Talk is a service of the College of Veterinary Medicine & Biomedical Sciences, Texas A&M University. Stories can be found on thePet Talk website. Suggestions for future topics may be directed toeditor@cvm.tamu.edu.

By Texas A&M University College of Veterinary Medicine & Biomedical Sciences Staff

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Strong Fundamentals In The Animal Health Industry Will Drive Zoetis Shares To $200 And Beyond – Seeking Alpha

Friday, December 11th, 2020

Zoetis Inc. (NYSE: ZTS) is a leader in the animal health space, providing medicines, vaccines, and diagnostic products to livestock and companion animals. After following ZTS for just over a year now, the company continues to impress me with strong earnings (even during the COVID pandemic), a strong management team, and continually innovating. With all of this in mind, I am increasing my previous price target from $175 to $200 by year-end 2021. As ZTS continues to prove they are the clear leader in this space, I think the stock price will continue to react positively. With this increased price target, I am also pricing in a potential drawdown of only about 6%, where shares could trade to roughly $150.

According to the companys annual 10-K:

Zoetis Inc. is a global leader in the discovery, development, manufacture, and commercialization of animal health medicines, vaccines, and diagnostic products with a focus on both livestock and companion animals. We have a diversified business, commercializing products across eight core species: cattle, swine, poultry, fish and sheep (collectively, livestock) and dogs, cats and horses (collectively, companion animals); and within seven major product categories: vaccines, anti-infectives, parasiticides, other pharmaceutical products, dermatology, medicated feed additives, and animal health diagnostics. For more than 65 years, we have been committed to enhancing the health of animals and bringing solutions to our customers who raise and care for them.

ZTS is a global leader in the animal healthcare space and has a proven track record when it comes to getting products to the market. With the companys extensive history, spanning roughly 65 years, the company has been able to develop market-leading products, build lasting relationships with customers, and improve the lives of animals. The company develops products for companion animals (dogs, cats, and horses) as well as livestock animals (cattle, swine, poultry, fish, and sheep). The company offers a diverse portfolio of products to each of the aforementioned groups of animals. Below is a basic breakdown of the companys offerings:

*Chart obtained from the companys most recent 10-K Statement.

The company operates in two distinct business segments, broken down by geographic region, including the United States and International. Both segments contribute almost equally to total revenue the company earns, but the US segment has a slight edge with 51% of overall revenue compared to 49% for the International segment. With over 300 different products and product lines that sell in over 100 countries, the company has an incredible presence in the global animal health market. This also ensures the company will remain relatively stable in times of economic uncertainty across various economies. To show this, the company states in their 10-K, in livestock, impacts on our revenue that may result from disease outbreaks or weather conditions in a particular market or region are often offset by increased sales in other regions from exports and other species as consumers shift to other proteins. Below is a breakdown of the companys revenue by geographic segment, species, and product category:

*All three of the above charts were obtained from the companys most recent 10-K Statement.

The various charts above show some very positive trends for the company. First, total revenue has increased an average of roughly 8% on an annual basis. With this, it is also important to note that there has not been a major increase/decrease in any of their reported segments leading to this extraordinary annual revenue growth. Also, the cattle industry has accounted for roughly 55% of total livestock revenue on an annual basis. In the companion animal industry, dogs and cats revenue has accounted for approximately 94% on an annualized basis, but the horse industry has been steadily increasing over the years as well.

In terms of revenue by product category, vaccines, and anti-infectives make up the majority of the total revenue. These two categories have accounted for 50% of total revenue in 2017, 48% in 2018, and 44% in 2019. Although decreasing, I attribute this to increased growth in categories such as parasiticides, dermatology, and animal health diagnostics. Each of these categories has seen incredible double-digit growth over the past few years. Zoetis has made a conscious effort to grow and expand their business and it is showing in this great growth on an annual basis.

Zoetis directly markets their products to veterinarians and livestock producers in roughly 45 countries across North America, Europe, Africa, Asia, Australia, and South America. The company also seeks out opportunities in emerging markets to establish a market-leading position. This is evident in markets including Brazil, China, and Mexico.

Continuing to expand and show that they are the leader in the animal healthcare space, ZTS acquired Platinum Performance in 2019, entering into the animal nutritional space. According to Inkwood Research, the global animal nutrition market was valued at $10888.81 billion in 2018 & is estimated to generate net revenue of approximately $18270.47 billion by 2027, growing at a CAGR of 5.94%. This acquisition has allowed ZTS to have access to premium nutritional product formulas and a unique approach to the field of scientific wellness for horses, dogs, and cats (10-K).

In the animal health industry, there are various potential impacts that have an effect on the livestock and companion animal medicine/vaccine segment of Zoetis business. For the livestock segment, these factors include human population growth and increasing standards of living (especially in emerging markets), demand for improved protein nutrition, increasing urbanization, and increased focus on food safety. For the companion animal market, some factors influencing growth include economic development, increasing pet ownership, improved life expectancy of companion animals, and improved technological advances in medical needs of these animals.

The overall animal healthcare market is expected to grow at a strong 5.7% CAGR [and] was valued at $38.5 billion in 2017 according to Market Research Future (MRFR). According to the APPA National Pet Owners Survey4, nearly 67% of US households (84.9 million homes) have pets. The survey also estimates the average annual cost for owners of a dog and/or cat. Below are the results:

*Numbers obtained from the APPA National Pet Owners Survey.

On average, as can be seen above, having a dog and/or cat annually can become very costly. To get an even better idea of the total cost of having a dog and/or cat, I calculated the estimated lifetime expense using a 12-year life expectancy for dogs and a 14-year life expectancy for cats. I have estimated the lifetime expense for having a dog to be between $14,000-$18,000, while the lifetime expense for having a cat to be $10,000-$14,000. Even with this statistic, people are typically always willing to spend any money necessary for their pets. Many people consider pets to be a part of the family and thus, will spend money on them just as if they were a child.

With the animal health market expected to grow to $99 billion in 2020 the growth in pet adoptions and rescues because of COVID will have a positive effect on this number. I would estimate that the number could top $100 billion easily. In a recent interview with CNBC, Kristin Peck, Zoetis CEO, was asked about the trends in the companion animal market during the COVID pandemic. She stated, we saw 20% growth in our pet care business globally and I think, like everyone else in America, there are certainly three new dogs on my block, it is driving our growth somewhat. With this trend occurring, it is important to note that it will not be a one-off thing because having a pet is a long financial commitment. Another noteworthy statement Ms. Kristin Peck made during the interview was, we think there is sustainability in the pet care numbers because as more [pets] become part of families, they will get an integral role in that family...going home to the comfort of a pet who is always happy to see you is something I dont think people will easily give up.

Since the company is very exposed to international markets, it is important to understand where the company is getting their revenues. Below is a chart depicting where the company has their revenue by country:

*Chart obtained from the companys most recent 10-K Statement.

Breaking down the above chart, it is important to note a few things. First, the U.S. is the only market to contribute more than 10% of total revenue in each of the listed years. Also, there has been a consistent increase in countries outside the U.S. contributing more than $100 million in revenue over the previous three years. In 2017, there were eight countries, 10 countries in 2018, and 11 countries in 2019. This shows that by Zoetis getting into the emerging markets early, it is greatly impacting their financial results on a YoY basis.

With products sold in more than 100 countries and direct operations in 45 countries, Zoetis is very exposed to international markets. Emerging markets accounted for roughly 22% of total revenue for the company in 2019. Because the company is able to get into these markets early, it will continue to pay off in the long term. So, although it may take a while for profits to be seen, these markets will continue to be vital to the overall success of Zoetis.

The animal healthcare industry is extremely competitive; however, Zoetis is the largest company in this space in terms of revenue. But they still face intense competition both domestically and internationally. According to the companys 10-K, principal drivers of competition vary depending on the particular region, species, product category and individual product, and include new product development, quality, price, service, and promotion to veterinary professionals, pet owners, and livestock producers. I believe Zoetis is still positioned well to maintain their position as the global leader in the space.

Given the aforementioned drivers of competition, I think the three most important drivers for Zoetis will be market region, product quality, and promotion/marketing to veterinary professionals/pet owners. With the company already being a leader in emerging markets, it will be key for them to continue to monitor international opportunities in underdeveloped countries. As countries begin to see economic growth, there will be an increase in demand for pets, due to potentially more disposable income. With this demand will come the need for animal health products, such as medicine, vaccines, medicated feeds, etc. By having a proven track record in emerging markets already, it could potentially be easier for Zoetis to break into even more countries with their products.

Product quality will remain a key driver of success in this industry and will be a major determinant of revenue for the company. If product quality lags, in terms of how successful the product is, consumers could go to competing companies that offer similar products. But, if Zoetis can continue to maintain their current quality of products, which I believe is extremely likely, they are still positioned very well to remain the main leader in this space.

Being able to maintain impressive promotion/marketing tactics will drive revenue both internationally and domestically. Being able to reach pet owners specifically, there is an emotional angle the company can take. People want the best for their pets and want them to live a long, healthy life. If Zoetis can create tasteful marking materials to promote this life for pets, it will be crucial to the continued success of their products. When marketing to veterinary professionals, it will be key to be as open and honest as possible about the products. These professionals will be willing to do business with Zoetis as long as there is honest communication about products, and they continue to be of high quality.

Some main competitors of Zoetis include Elanco Animal Health (ELAN) and IDEXX Laboratories (IDXX). Both of these companies offer similar products and, in my opinion, are the two most relatable companies to Zoetis. Zoetis is the largest of these three companies with a roughly $77 billion market cap, while IDXX follows with about $40 billion in market cap. ELAN is much smaller than both of these companies but is also the newest in terms of time in the market and IPO date of September 2018.

There is minimal competition from generic products, but it can vary from market to market. Globally, there is no generic company that competes for market share, but there are a few smaller companies that compete against Zoetis for market share in certain countries. Most of these companies specialize in a few products and do not try to break into different markets. Veterinarians are typically at the forefront of prescribing and dispensing medicine, so having a positive relationship with these professionals could be beneficial in terms of generating revenue.

The company sells its livestock products directly to livestock producers, including beef and dairy farms. They also sell directly to veterinarians, third-party distributors, and various retail outlets that offer livestock products to their customers. For their companion animal products, Zoetis sells these products to veterinarians or third- party veterinary distributors that will sell the products to consumers. In 2019, the companys two largest customers accounted for 15% and 6% respectively, while no other major customer accounted for more than 6%.

The company has sales representatives that go out to different markets to meet with customers to provide in-depth information on the products and sell them. These specialists have advanced degrees in the medical field, so they are extremely trusted globally. They are also able to provide consulting focused on disease management and training/education on diverse medical topics. By having these direct relationships with customers, Zoetis is able to have a better understanding of global wants/needs. This allows the company to be better positioned moving forward because they are able to anticipate changing market conditions.

Strengths:

Zoetis is the largest animal health company in terms of revenue, as previously stated. This can be attributed to the companys diversified portfolio of products and trusted relationships with customers. The company has an immense portfolio of roughly 300 products and sells them in over 100 countries. This allows the company to be better protected in times of poor economic conditions in various countries. If there is an economic downturn in a market, the poor performance can be offset by an increase in export/imports of other countries, as previously stated.

Having trusted customers and lasting relationships with customers is extremely important in the animal health space. The company has positive relationships with suppliers and that is able to mitigate the risk of products not getting out to market quickly. The company also has positive relationships with customers, such as veterinarians and third-party distributors, which allows their products to be well-known. Something that doesnt go noticed is how they send sales representatives and medical specialists to prospective markets to help educate people on their products and the medical industry overall. By doing this, they are breaking into international markets very well and it is showing in their revenue generated by emerging markets. This is a key strength for the company because they are actively engaging with clients and/or potential clients to help get products/knowledge to underdeveloped countries.

The final important strength the company has is that they are able to quickly identify and break into emerging markets effectively. As the global leader in the animal health space, it is vital for Zoetis to be able to consistently be able to get into new and emerging markets. By being able to get into these markets early, such as Brazil, China, and Mexico, they have been able to see a strong increase in revenue for these markets. When emerging markets do well, citizens of those countries can see an increase in disposable income, increasing standards of living, and increased demand for improved nutrition (animal protein).

The company also has impressive growth strategies in place to continue growing their business. First, Zoetis seeks to enhance [the] customer experience (10-K) by providing a personalized experience to customers so they have the best opportunities and knowledge to care for animals. This is specifically seen in the companys commitment to sending employees out into the field for consulting and education purposes. The company has also acknowledged the importance of digital and data analytics as a growing part of the healthcare industry. Zoetis has been actively investing in digital technology to complement their portfolio of products to help better care for animals.

Weaknesses:

One weakness I noticed when evaluating the company was that they have lost a small amount of market share due to an increase in smaller, more niche companies. To counter this, Zoetis will need to develop stronger communication between the executive team, employees on the ground, and market participants to better anticipate the demands of the overall market. By already having their employees on the ground and actively speaking with customers, it is vital for them to understand the smaller, more niche market, as well as the broad industry overall. As they remain the overall leader in the animal health space, it would be nice to see them take back some market share from some of the smaller, more niche companies. Since they havent it tells me that they have either gotten too comfortable with their position in the market, or they do not see the need to develop niche products. Either way, they are losing out on an important market that could add immense value to their business.

Opportunities:

A big opportunity for Zoetis will be further enhancing and developing their online platform. Companion animal customers are having the ability to bypass veterinarians and seek medication for their pets by themselves in certain markets, the U.S. included. Zoetis has an online platform for this, but growing this business will be important, especially during a time when people are increasingly less likely to leave their homes. For their current platform, third parties host and support the platform, so they are essentially paying a company to have their online platform. Given the size of Zoetis, I think it is definitely reasonable for them to find the talent and skillset of people to keep this an in-house job. This will save them money and will allow them to have full access/control over their platform.

Once the COVID pandemic begins to slow, it will be important to see how Zoetis is able to respond. With people being able to get back to work and economies globally recovering, more people will be in the market for animal health products. Again, this will be seen increasingly across their investments in emerging markets, but also as well as well-established economies. As people begin looking for animal health products, it will be important for Zoetis to be able to reach this market.

Threats:

With an increase in overall competition, it puts downward pressure on revenue and overall sales for Zoetis. If there are similar products on the market which cost less, consumers may be more willing now, more than ever, to take that product, regardless of brand name. The COVID pandemic has had this effect on various industries, but specifically in the healthcare industry because of the potential costly expenditures people face. Another threat is that generic companies are able to imitate products and sell them for less, again, putting downward pressure on Zoetis. This has the greatest potential to have a negative effect on the company in lower-income and emerging markets.

Zoetis reports FY2020 Q3 results on November 5, 2020. The company had a very impressive quarter, with companion animal product sales up 20% and livestock animal products up 9%. This also led to an impressive 20% growth in net income. This can be attributed to the impressive results seen by parasiticides such as Simparica Trio, Revolution Plus, and ProHeart 12, as well as a growth in sales for the U.S. cattle market and Chinese Swine market. The Swine market had been hit hard due to an outbreak of African Swine Fever, which had consistent negative impacts on the companys results. As this outbreak is beginning to slow, it will become a key driver of the companys results moving forward. It will be important to recognize how the company responds in the next quarter or two to get a better idea of how well the company will be able to do in this market. The companys new products, including Simparica Trio, Revolution Plus, and ProHeart 12, saw 4% growth for Q3. This is a positive trend I believe the company will be able to maintain moving forward due to an increased need for products with more people having pets.

During the companys Q3 earnings call, Kristin Peck, CEO, stated, this year has shown once again that animal health is a steady and reliable sector, even in times of economic hardship. Around the world, there will be a consistent need for nutrition (animal protein) and companionship from animals. Especially moving out of a COVID world, more people than ever before have companion animals. These animals will need medicine, food, vaccines, etc. and people will be purchasing these products for them.

Ms. Kristin Peck later stated:

in the third quarter, we achieved an important milestone for our pipeline for pain management in pets... there's been limited innovation in this area over the last 20 years, and we're excited by the potential of monoclonal antibodies, or mAbs, to be the next breakthrough in long-term pain management.

In September, the company received positive opinions on their latest mAb, Librela, from the Committee for Veterinary Medical Products in Europe. The company is looking to have Librela on the market in the first half of 2021, which could be a major catalyst for the stock.

Preliminary FY 2021 Estimates Look Strong:

The company typically puts out in-depth fiscal year results in February annually, but there were some mentions of fundamental trends/projections on the latest Q3 earnings call. Mr. Glenn David, CFO, stated:

the long-term fundamentals of the industry remain very strong with increasing pet ownership and also animal protein consumption continuing to grow... COVID has proven that this industry remains extremely resilient and were still able to grow very rapidly and operate very profitably even during these times.

Seeing how the industry has continued to outperform during this difficult economic time has been extremely promising. This trend shows that no matter what, the animal health industry will always have some kind of demand for medicines, vaccines, food, etc. Mr. Glenn David later continued to say, there are some things were very excited about including continued growth in Trio, continued growth in our [dermatology] portfolio, and the approval of our mAb portfolio". Because of the positive outlook for 2021, although very early, I believe the company will be able to continue to have very good long-term value and outperform the overall market.

Growing Companion Animal Healthcare Market:

While the overall animal healthcare market is expected to grow at a 5.7% CAGR, as previously stated, the companion animal healthcare market is expected to grow at a 7.2% CAGR. The main reasons this industry is projected to have great growth is because there are increasing pet adoptions globally, there are more government initiatives focusing on animal health, and there is growing technological advances in the space. As more people have pets, the more likely they are to be willing to spend more money on them. Pets can be considered part of the family, such as an additional child, or the only child in many households across the world. This territory comes with accepting any responsibility to provide a quality life for that animal, just like you would a child.

The vaccine industry is a major contributor to this overall projected CAGR in the companion animal industry. According to Mordor Intelligence, diseases related to companion animals are more probable to get transmitted to the human population. The bite caused by dogs and cats develops many infections in humans... so the majority of the pet owners get the animals vaccinated regularly. Being this as it is, humans will continue to vaccinate their pets, not only to keep them safe/healthy, but to keep their family, friends, and others safe as well. Given an increase in pet adoptions, this segment of the industry will continue to be a key driver as well.

The companion animal healthcare market in the Asia-Pacific region is the fastest-growing region in the world. Zoetis is positioned nicely to be a key player in this market because they are already well-established in the region. The company obtained approval in various Asia-Pacific markets for Simparica Trio. This will be another key driver of success moving forward for the company.

Strong Management Team:

Zoetis management team has been one of the top teams, with multiple positive reviews, for years now. Ms. Kristin Peck, CEO since January 2020, has been with the company in various leadership roles since their IPO in 2013. According to Glassdoor reviews, Ms. Peck has an 81% approval rating as the companys top executive. Only roughly three months into her tenure as CEO, her 100-day plan got upended by the COVID pandemic and she, along with other members of the management team, had to quickly adjust their plans for the future. In an interview with McKinsey and Company, when discussing the COVID pandemic, she stated, the executive leadership team had to pivot... 80-90% of my time was centered on protecting our colleagues and customers. This pandemic was detrimental to various companies, and CEOs/executive teams had to find a way to manage. This is no light task, especially for a CEO who has only been in their role for roughly three months.

In the midst of the pandemic, Zoetis was in the middle of their largest product launch to date with Simparica Trio. Ms. Peck stated, All of our R&D programs remained on track through this. It took a lot of creativity to keep testing sites and laboratories open, to find virtual ways of launching a new product to customers across the U.S. through webinars, and to engage with customers and pet owners. It definitely required some reallocation of resources. Ms. Peck didnt allow the COVID pandemic to impact the business too much and it shows in her commitment to customer safety and having a massive new product rollout during this time. This is exactly the kind of leadership that will continue to drive the company in the right direction and will allow the company to remain a leader in the space.

As the pandemic was beginning to slow and people were able to return to work, it was another challenge in itself to make sure customers and colleagues were still going to be able to remain safe. I believe a lot of our success was from empowering local leaders to make the decisions they needed to, stated Ms. Peck. The executive team realized that every environment was different and that they would need various plans in place to ensure the safety of everyone. In manufacturing sites, they had access to full PPE, so it was more of how to keep the people in the sites in smaller groups and deciding how to stagger shifts efficiently and effectively. On the companion animal side, it was much harder because there is much more human interaction, and they are typically in smaller environments. Instead of making the decisions for a companywide policy, the executive team determined it was best to give the local leaders the ability to make the decisions they thought was best for their area.

Finally, during this time, Ms. Peck has begun having more of an open dialogue with colleagues, wanting them to feel heard and supported during this time. The executive team sent out various surveys trying to determine what colleagues thought they were doing well and not-so-well during the pandemic. The executive team then tried to implement as much of what they could into becoming better. Building on this, Ms. Peck has begun weekly communication with colleagues even saying she has felt the need to overcommunicate and find channels to talk to people on or do virtual market visits. I think this will be key even moving out of the pandemic. Having an open dialogue with various colleagues across various markets will allow the executive team to remain on top of everything going on with their team.

To correctly value ZTS, I have built and developed various financial models. First, I wanted to build a basic comps analysis model to get an idea of how ZTS was trading relative to their biggest competitors. I chose to use ELAN and IDXX as comparisons to ZTS. Next, I analyze various trading/pricing metrics, such as EPS, ROE, ROA, P/E, Payout Ratio, and Dividend Yield. I analyze these metrics over a 3-year period to get an idea of relative trends in their financials. After determining how the company is priced relative to competitors, I build a full-projection model. For this model, I project out each line item the company lists on their financial statements over the next 5-years. This allows me to have a better idea of the companys financials moving forward. By doing this, I am able to build my Basic Assumptions model and full-DCF model. Both of these models lead to an estimated share price and a bull/bear case. Below is a breakdown of my various models.

As previously stated, for my comps analysis, I wanted to compare ZTS to ELAN and IDXX because each of these companies offer a similar animal health portfolio. Below is my model:

*Created by the author using data gathered from the companys respective 10-Qs.

Based on the above data, I determined ZTS is trading at a relative discount to these competitors. ZTS has the lowest EV/EBITDA of the three companies and has the lowest EV/EBIT and P/E ratio compared only to IDXX. I could only compare them to IDXX for these metrics because ELAN has negative metrics for both. I do not think the premium currently being paid for IDXX is warranted, and that a greater premium for ZTS, given their large market cap and market-leading position, is warranted. To see where ZTS could be trading, I chose to average the metrics to determine where the companies could be trading. Below are the results of that process:

*Created by the author using average data obtained from the Comps Analysis model.

The above data shows all three companies' averages in the far-left box and the metrics I chose to use to value ZTS in green. I decreased the metrics because IDXX really skewed the data to the upside and I did not that the averages were always representative of how the company should be valued. I also did not include ELAN in the averages for EV/EBIT and P/E since they were negative. Taking the implied prices with the respective metrics, I came to an intrinsic value of roughly $123, signifying about 35% upside potential from current trading levels.

When building out my ratio analysis, I am looking for trends over a three-year period. Specifically, I am analyzing EPS, ROS, ROE, ROA, P/E, Payout Ratio, and Dividend Yield. In addition, I also build a very basic credit analysis model to better understand the companys overall financial stability and estimate their overall credit rating. Below are the results of the two models:

*Created by the author using data gathered from the companys 10-K Statements.

Each of the indicators above represents a big part of the overall credit rating a company receives from S&P or Moodys. Based on the companys values I have calculated, I think the best credit rating for ZTS would be BBB, indicating the company is in a strong financial position. However, I dont like that the company is becoming very highly levered. This is seen in the Debt/Asset ratio specifically and how it is incredibly high around 73%. Some of the best ratios above, however, include ROE, ROA, and EBITDA Margin. A high ROE indicates that the company is deploying shareholder capital extremely well, while a high ROA indicates the company is very efficient at using their assets to generate profits. I think if ZTS can decrease their leverage, as they have slowly been doing throughout the past few years, they will continue to prove their stock deserves a premium.

Below is my overall Ratio Analysis model:

*Created by the author using data obtained from the companys 10-K Statement.

The company hasnt been extremely consistent over the past three years. ROE has fluctuated partly due to drastic increases in Net Income. The change in Net Income from 2017-2018 was due to 3% price growth of products, increased demand for products, the acquisition of Abaxis, and new product volume growth, as per the 2018 10-K. Although not a very strong dividend yield, I think the company can benefit from keeping it consistent right around .50%. This will allow investors to project out their dividend payments and feel comfortable about consistently receiving them. This will contribute to about a 21% payout ratio, which I think is very reasonable for the company.

For my Basic Assumptions model, I start by calculating the companys Weighted Average Cost of Capital (WACC) and determine appropriate growth trends on a per-sales basis. Next, I project out the important income statement/balance sheet items to get a better view of the company moving into the next 5-year period. After having these line items completed for a 5-year projection, I am able to build out a basic DCF and APV model to calculate an intrinsic value for the company.

Below are my models of a projected income statement/balance sheet and results of the basic DCF/APV models:

*All of the above charts were created by the author using data gathered from the companys annual 10-K Statements and calculated projections.

Based on the above information, I determined ZTS has a fair value of around $188, which signifies roughly 19% upside potential from current trading levels. However, to get an even better idea of the potential price levels of the stock, I created a sensitivity analysis to determine a true bull case and bear case estimate. Below are the results of that model:

*Created by the author using data gathered from the Basic Assumptions model.

As a bull case, meaning, if the company is able to hit all of the above metrics I have predicted, the stock could be trading at roughly $213. On the other hand, if the company falls short on a number of key metrics, the bear case estimated stock price is calculated as roughly $154. In the near term, this is a key pull-back level to watch for. Trading right around $159 now, the bear case calculation signifies only 4% downside potential as opposed to 34% upside potential with a price target of $213. I decided to use a +/- 10% forecast error in determining the bull/bear case estimates. I chose this percentage because I wanted to make sure I got enough downside risk, especially continuing in a COVID environment.

My full-projection model is very in-depth as I project out each line item for the income statement, cash flow statement, and balance sheet on a 5-year basis. By building this model, I am able to get an in-depth look at how I think the companys financials will look into the foreseeable future. As opposed to showing each statement, I will include just my projected income statement here. Below are my projections:

*Created by the author using data obtained from the companys 10-K Statement.

After building out this model, I use this data to build my full-DCF model. This is a more in-depth DCF than in my Basic Assumptions model and it is a 10-year model, rather than a 5-year model. Below are the results:

*Created by the author using data obtained from the full-projection model.

Based on the results of this model, the intrinsic value for ZTS is $227, signifying a 43% upside potential from current trading levels. Using a terminal growth rate of 2%, a decrease from my estimated 4.75% in my full-projection model, allows me to have a better margin of safety in building the model. Decreasing the terminal growth rate also allows the price to be respective of medium-term potential and doesnt let the price get too inflated. I pulled in the WACC of 6.16% from my calculations in my Basic Assumptions model.

Further emphasizing this idea, I created a sensitivity analysis based on the results of these results, determining how the price would change given an increase/decrease in terminal growth rate and WACC. Below are the results:

*Created by the author analyzing different terminal growth rates and WACCs.

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Strong Fundamentals In The Animal Health Industry Will Drive Zoetis Shares To $200 And Beyond - Seeking Alpha

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Poughkeepsie To Host Winter Wonderland Drive Thru – Patch.com

Friday, December 11th, 2020

POUGHKEEPSIE, NY Pulaski Park in the city of Poughkeepsie will be the site of a "Winter Wonderland Drive Thru."

The event will take place from 5 p.m. to 8 p.m. Dec. 23 and Dec. 24.

According to a city spokesman, First Ward Common Councilman Chris Petsas came up with the idea and is being helped by Sixth Ward Councilwoman Natasha Cherry and the city administration.

Mayor Rob Rolison said everyone is excited about the free family-fun event.

"COVID-19 has made it hard for people to gather, but this holiday event will be safe and will undoubtedly bring joy to many," he said.

The public can enter the park on Washington Street in their vehicles and enjoy lighted trees and decorations and see Santa Claus and his elves. No one will have to leave their cars to see the displays.

People are asked to wear masks to the event.

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Poughkeepsie To Host Winter Wonderland Drive Thru - Patch.com

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Tuskegee University College of Veterinary Medicine treats social media famous patient Brisket the Bull – Tuskegee University

Tuesday, December 8th, 2020

December 04, 2020

Contact: Anissa Riley, College of Veterinary Medicine

Tuskegee University College of Veterinary Medicine students recently had the opportunity to assist veterinary large animal clinicians and surgeons in the medical treatment of a social media famous patient who goes by the name, Brisket the Bull. Brisket was given a clean bill of health on December 1 from the veterinary medical teaching hospital and then released to his owner.

The eight-year old Brahman bull is owned by Judy Presley, formerly from Tennessee but now a resident of Luverne, Alabama. Presley bought Brisket at a sale barn when he was just two years old. Over the years, she has raised and trained him to accept a halter, saddle and to be ridden. Brisket has a very gentle temperament and is nationally recognized for his owner's ability to trail ride and show jump with him.

Brisket had a two-month history of an abscessed prepuce in which the abscess was treated by a private practice before being brought to the veterinary hospital for a sheath resection, which was a surgery successfully performed by Dr. Jeannine Bellamy, veterinary medical teaching hospital director, and myself providing the anesthesia, said Dr. David McKenzie, professor and large animal clinician in the Large Animal Clinical Sciences Department.

The students assisted in the medical aftercare in which Briskets healing progressed well and led to a recent successful discharge. Briskets owner Judy was very pleased with the services of the college in treating Brisket and offered to have the students take pictures with him and be shared on Briskets Facebook and fan social media pages.

We are proud of our students and thankful to our large animal veterinary medical clinicians for providing quality healthcare for our bovine clients. Being exceptional is what we are striving to be here at Tuskegee and have our clients be pleased with the veterinary services provided to our patients while preparing our students to be career-ready veterinarians upon completing the veterinary curriculum, said Dr. Ruby L. Perry, dean of the College of Veterinary Medicine.

To learn more about the College and the Tuskegee Veterinary Medical Teaching Hospital, visit http://www.tuskegee.edu/vetmed and http://www.tuskegee.edu/vetcare.

2020 Tuskegee University

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Medicine expert joins faculty of Texas Tech School of Veterinary Medicine – KLBK | KAMC | EverythingLubbock.com

Tuesday, December 8th, 2020

AMARILLO and LUBBOCK, Texas (NEWS RELEASE) The following is a news release from Texas Tech University:

Say the words New York and most people will think of the large, metropolitan area that is the financial and shopping center of the U.S. Few, if any, say agriculture.

Yet if you get outside of the main city, the state of New York is an important contributor of agricultural products in the country. The state has a $3.6 billion agricultural industry with more than 35,000 farms producing products from apples and cabbage to milk and cheese, grapes, maple syrup and cauliflower.

It is here where Emily Sundman was raised and saw firsthand the critical role agriculture has on the state and the importance of those who care for farm animals. This became the foundation for a career supporting animal health.

That career now brings her to West Texas as the latest member to join the faculty of the newTexas Tech School of Veterinary Medicine in Amarilloas an assistant professor of medicine. She began her duties on Tuesday (Dec. 1).

I am thrilled to join the Texas Tech School of Veterinary Medicine in time to welcome the inaugural class, Sundman said. Working at the School of Veterinary Medicine is a career dream realized in order to further veterinary care for our large animals.

Sundman has spent much of her career involved in agricultural industry research and development, inventing ways to directly and positively impact animal health and assisting practicing veterinarians who seek to do the same.

Since December 2013, Sundman has served a role in clinical development for Kindred Biosciences, which takes strategies that are safely used for human therapeutics and applies them to the development of animal biologics, such as monoclonal antibodies and recombinant proteins.

From 2013 to 2017, she oversaw the clinical development phase, including efficacy and safety, of new animal pharmaceuticals for approval by the United States Department of Agriculture (USDA), the Food and Drug Administration (FDA) and the Committee for Medicinal Products for Veterinary Use (CVMP). She also designed and executed clinical studies and was primarily responsible for pharmaceuticals for use in horses, dogs and cats.

She was promoted to Senior Clinical Development Manager in 2017, where she was responsible for the approval of Zimeta IV for use in controlling fever in horses in the U.S. She served in this role until September, when she was promoted to Associate Director of Clinical Development, increasing the responsibilities for early phase strategy and development of products for USDA and CVMP approval.

Sundman also has been co-owner and veterinarian at Picolino Ranch since 2015. The ranch, located in Lipan, Texas, specializes in the breeding and development of Aberdeen cattle, raising them to become accustomed to the pastureland and climate associated with North Texas. Since 2013, she has served as an emergency equine ambulatory veterinarian serving in Davis, California, and later the Lipan areas.

2020 has shown us the importance of innovation, saidGuy Loneragan, dean of the School of Veterinary Medicine. To help with and prevent COVID-19, the call went out for new therapies and for new vaccines. Innovative products are now arriving, and society has benefited from this research and discovery. Veterinary medicine is no different. Our animals large and small benefit from new therapies and new preventatives. Dr. Sundman will add to our schools vibrant research and discovery efforts. She also serves an important role helping our researchers design the best possible trials to test new discoveries. We are so lucky Dr. Sundman has joined our school. We will benefit so very much from what she contributes.

Sundman earned bachelors degrees in history and biology from Syracuse University and her Doctor of Veterinary Medicine from Cornell University in 2012. At Cornell, she was influenced greatly working by professor and veterinarian Lisa Fortier. Thats where Sundman said she got a good look at what true veterinary research was like.

Sundman has been a Diplomat of the American Board of Veterinary Practitioners (Equine Practice) since 2019.

Dr. Sundman brings a unique background to our program from industry and research, which will help guide our faculty in their programs, saidJohn Dascanio, senior associate dean for academic and student affairs. Combining that experience with her clinical background allows for application toward clinical practice, enabling her to serve as a great mentor to the school and to the faculty. We welcome her to her new role with the school.

Sundman joins a growing and vibrant team of faculty and staff at the School of Veterinary Medicine. Additional team members will continue to be added over the next few months as the school prepares to welcome its inaugural class in the fall of 2021.

Thanks to the generosity of Amarillo and communities across Texas, and the commitment of legislators from around the state, the Texas Tech University School of Veterinary Medicine in Amarillo was established in 2018. In September 2020, the school was granted a Letter of Reasonable Assurance, from the American Veterinary Medical Association (AVMA) Council on Education and has begun the admissions process in preparation for classes to begin in August of 2021.

The School of Veterinary Medicine will recruit and select students with a passion to serve rural and regional communities. Its curriculum is focused on the competencies and skills necessary for success in practice types that support these communities. Texas Techs innovative and cost-efficient model partners with the wider community of veterinary practices across the state to provide clinical, real-world experiential learning.

(News release from Texas Tech University)

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What to know about cherry eye in dogs – New Castle News

Tuesday, December 8th, 2020

Spotting a red bump in the corner of a pets eye is a concerning but not uncommon experience for many dog owners. Colloquially called cherry eye, this bump may be a prolapsed gland of the nictitans, also known as the third eyelid.

Dr. Sean Collins, a clinical assistant professor at the Texas A&M College of Veterinary Medicine & Biomedical Sciences, says that ophthalmologists dont entirely understand why the gland of the nictating membrane sometimes protrudes from its original position but it is believed to be a result of a weakness in the connective tissue responsible for holding the gland in the correct position.

This condition can happen to any breed of dog but is seen most commonly in certain breeds, including the American cocker spaniel, English bulldog, Lhasa apso, and the Pekingese, Collins said.

Pet owners who spot a red swollen mass in the inner corner of their pets eye, large or small, should bring it to their veterinarians attention promptly. In addition to causing irritation to the dog, this condition can have lasting consequences when left untreated.

Without correction, chronic prolapse can lead to conjunctivitis (pink eye) and ocular discharge (liquid coming from the eye), Collins said. It has also been shown that with correction, dogs are less likely to develop low tear production later in life.

Low tear production can result in multiple problems if left untreated. In addition to pain and decreased vision, corneal ulceration may also develop, which can become infected and result in a ruptured eye. This condition responds well to tear stimulant therapy in most cases, but lifelong medication is usually required.

Story continues below video

Your veterinarian will be able to confirm whether your pet has cherry eye and can develop a treatment plan that works best to resolve cherry eye and reduce the potential for ocular issues as your dog ages.

Initial therapy may consist of topical anti-inflammatory therapy if local inflammation may be contributing to prolapse of the gland, he said. If a short course of medical therapy does not work or re-prolapse develops, surgical repositioning is indicated. There are numerous surgical techniques to reposition the gland with overall high success rates.

If surgical treatment is required, Collins stresses that this treatment will benefit your pet in both the short- and long-term.

Surgical repositioning is very important if initial medical therapy fails, as the gland is responsible for about 30-50% of the aqueous tear production in the dog, he said. We commonly see low tear production in the same breeds that develop a prolapsed gland of the nictitans. It has been shown that dogs with surgical repositioning of the gland have a lower chance of developing low tear production later on in life compared to those where the gland has been excised or remains chronically prolapsed.

Unfortunately, there are no known preventative measures to protect against cherry eye in dogs, Collins says. This condition can develop in both eyes, usually before the age of 2. The best way pet owners can protect their furry friend is to remain vigilant in monitoring their pets health and to bring concerns to their veterinarian promptly in case an issue does arise.

Pet Talk is a service of the College of Veterinary Medicine & Biomedical Sciences, Texas A&M University. Stories can be viewed on the web at vetmed.tamu.edu/news/pet-talk. Suggestions for future topics may be directed to editor@cvm.tamu.edu.

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Veterinarians at OSU develop vaccine technology that could protect against COVID-19 and measles at the same time – 10TV

Tuesday, December 8th, 2020

Two veterinarians from OSU's College of Veterinary Medicine took a measles vaccine and added the COVID-19 spike protein as a response to the global pandemic.

COLUMBUS, Ohio Ohio doctors are working to develop vaccine technology to protect us from COVID-19.

Dr. Jianrong Liand Dr. Stefan Niewiesk from Ohio State University's College of Veterinary Medicine took a measles vaccine and added the COVID-19 spike protein as a response to the global pandemic.

The resultwas a vaccine that is shown to protect against both measles and COVID-19 in at least animals.

The next step is testing humans.

The vaccine could be particularly helpful in developing countries, as it does not require the same refrigeration as the mRNA vaccines.

"We think the measles virus is a very good vaccine because it has a long-standing safety record. It has been instrumental in reducing the measles virus worldwide," Niewiesk said. "We think that given all the data it makes a very effective vaccine. Also, given the fact, it protects life-long against measles virus infections so ideally (and we do not know this yet) it would also protect for a very long time against COVID-19."

Biological E. Limited and the Ohio State Innovation Foundation announced an exclusive license agreement on Tuesday for the vaccine technology.

The company will be responsible for the evaluation and further development, including the commercialization of the vaccine candidate(s).

Translating this vaccine platform into the hands of a global vaccine company for further evaluation and development is a critical step and we are excited that Biological E has taken on this role, said Dr. Patrick Green, Associate Dean for Research and Graduate Studies, Ohio State University College of Veterinary Medicine.

Mahima Datla, Managing Director of Biological. E. Limited added, "BE has been working to develop a safe and effective vaccine for the COVID-19. BE is very happy to help further this innovation and expand that effort."

To read more about the technology, click here.

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USDA Awards Grant To Texas A&M To Develop AI-Based Wildlife Monitoring – Texas A&M University Today

Tuesday, December 8th, 2020

Purple martins on one of the new nesting box systems.

Doug Bonham, Field Data Technologies

A research team led by the Texas A&M University College of Veterinary Medicine & Biomedical Sciences (CVMBS) has been awarded a nearly $700,000 Conservation Innovation Grant from the U.S. Department of Agriculture (USDA) to develop a new artificial intelligence-based wildlife monitoring system.

The Conservation Innovation Grant program, under the USDA Natural Resources Conservation Service, supports the development of new tools, approaches, practices and technologies to further natural resource conservation on private lands.

The grant will be used by principal investigator and CVMBS associate professor Dr. Donald Brightsmith and his team to integrate camera, image and sensor data to create a tool to monitor wildlife that are typically difficult to observe, including pollinators, reptiles, amphibians and nesting birds.

Currently, landowners do not have many options for measuring their wildlife conservation efforts, such as setting up nesting boxes for birds or preserving areas of natural land, besides bringing in teams of scientists for hand surveys, a costly and lengthy process. Since private land makes up so much of the U.S., landowners efforts play a key role in the countrys overall wildlife management and conservation.

Brightsmiths team, in conjunction with colleagues from the University of California, Santa Barbara, the University of Hawaii and private industry, is working to develop a low-cost and easy-to-use system that will allow producers to monitor wildlife on their land and understand how their actions directly affect the local environment.

Part of our grant is to make it so a typical landowner can easily use a laptop or phone app to see the information that came in from a specific camera, such as where that camera is on a map; the weather, temperature, light, and humidity there; and the critters that were at that camera, Brightsmith said.

Commercial wildlife cameras already allow landowners to monitor wildlife on a small scale, but by using artificial intelligence to aggregate and analyze data from a number of cameras and locations, landowners will be able to see a much more complete picture.

The camera system will photograph the scene and, whenever there is a significant change, forward images to a central computer that will use artificial intelligence to identify species, behaviors and trends. According to Connie Woodman, a member of Brightsmiths team and graduate student in the CVMBS Department of Veterinary Pathobiology (VTPB,) this process would traditionally take scientists dozens of hours to conduct surveys and sort through photos.

Baby chickadees inside a nesting box.

Doug Bonham, Field Data Technologies

If this sort of technology could be available at low cost or free to farmers, it could really impact the ability to see if conserving farmland and private land is working, Woodman said. Its just too expensive to have a hands-on survey for every property owner who wants to apply for government support to maintain wild lands and wildlife populations.

The camera system will be used in three different setups a ground setup to monitor reptiles and amphibians, a veil trap setup for insects and a bird nesting box setup. In all three uses, the animals photographed will be free from any harm or human interference.

One of the other objectives within this is if landowners are doing land management activities like cutting, spraying, or planting, they will be able to look at the data coming in to immediately see how those changes in the ecosystem have impacted key reptiles, amphibians, birds and bees, Brightsmith said.

An early version of the nest box setup has already been deployed in the Pacific Northwest by collaborators within Field Data Technologies and is providing invaluable data on chickadee and purple martin nesting behaviors.

Its doing more than just taking photos; its spitting out data. How many eggs? When was there a change? How many times is the nest being visited? How many times does a chickadee investigate a nest box before it decides that its good enough? Woodman said. With that data we can tell a land manager, The chickadee started visiting the nest boxes X weeks before it used them. So if you wait until June to hang up the box, you wont get any use this year.'

While the grant will directly support the technologys creation and use in supporting landowners, Brightsmith hopes that the technology will one day also be adapted to create systems that could survey for invasive species and agricultural pests, monitor wildlife recovery after natural disasters, and more.

If we build a technology thats fairly straightforward to train the AI, someone else can take our platform and tweak it, he said. Our objective is to create a system that has unlimited potential.

The system will initially be tested in Arizona, California, Texas and Montana to see how it works in different environments. The team has already partnered with producers and other landowners near Austin, San Antonio and southern California to see how the technology holds up around large animals like cattle.

Along with Brightsmith and Woodman, collaborators on this grant include Drs. Chris Evelyn and Katja Seltmann, from the University of California, Santa Barbara, Cheadle Center for Biodiversity and Ecological Restoration; Dr. Ethel Villalobos, from the University of Hawaii at Manoa; and Doug Bonham, senior electronics engineer at Microsoft and the founder and president of Field Data Technologies of Essex, Montana.

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Research resuming on campuses – American Veterinary Medical Association

Tuesday, December 8th, 2020

Chris Cramer, PhD, said in early November the University of Minnesota had reached about 80% of its research output prior to the pandemic.

Dr. Cramer is vice president for research and leader of a research group in the Department of Chemistry. He said the university is keeping lower numbers of people in laboratories and other research sites as well as restricting work involving human participants in uncontrolled environments, such as grade schools.

Otherwise, weve been pretty successful in bringing back most of the stuff that would require someone to come to campus, go to a field site, whatever it might be, he said.

Early this year, university research leaders described how their institutions delayed the start of new research, reduced staffing in research facilities, and added safety measures to ongoing studies.

By late spring, universities were publishing and implementing phased plans for resuming research, each with their own plans on how to protect investigators, participants, and the public.

Texas A&M Universitys Division of Research, for example, published in June plans for how investigators could resume research involving human participants and other clinical studies, as well as published overall research plans including an update as the fall semester began.

Johns Hopkins University officials published their JHU Return to Research Guidance on June 12, with limits on the time and activities allowed on campus, reduced capacity in laboratories, and added responsibilities for reducing transmission risks. The guidance states that some projects may proceed at a slower pace, and some studies may be lower priorities.

Isaac Pessah, PhD, associate dean and professor of molecular biosciences at the University of California-Davis School of Veterinary Medicine, said the university had been ramping up research after a substantial reduction early in the pandemic. The university maintained studies deemed essential, continued breeding irreplaceable animal lines, and maintained other animal populations while pausing new studies unrelated to COVID-19.

Starting June 1, UC-Davis officials allowed up to 33% of research personnel on-site for time-sensitive studies, with distancing and personal protective equipment requirements. Starting Oct. 30, the allowances expanded to all studies that need on-site access.

The next phase, whenever that may come, would allow two-thirds of research personnel on-site, resumption of field research, and expansion of all research activities.

Dr. Douglas K. Taylor is senior veterinarian in the Emory University School of Medicine Division of Animal Resources and a professor of pathology and laboratory medicine. He said in late October that Emorys research-use mouse populationthe bulk of the institutions research animal populationwas down about 15% from early March, when it was at an all-time high. The volume of research at the institution also was down about 15%.

We are certainly not back where we were in the beginning of the year, he said.

Dr. Joyce Cohen, associate director of animal resources at the Yerkes National Primate Research Center and associate professor in the Emory University School of Medicine Division of Psychiatry and Behavioral Sciences, said the primate research facility, in contrast, remained insanely busy.

We never really slowed down much during COVID, she said. We stopped doing new projects, but we didnt stop any ongoing projects with nonhuman primates.

Dr. Cohen said that, as the pause on new projects ended, more investigators started studies amid a torrent of ongoing research. The primate research center closed the fiscal year with more than $88 million in grant income, a record high.

Were having problems because of monkey shortages, she said.

In a typical year, Yerkes officials would be able to supplement their rhesus macaque population by buying more. But pharmaceutical companies are competing for all domestic sources of rhesus macaques because importation channels closed during the pandemic.

The Atlantic reported Aug. 31 that China provided 60% of the 35,000 monkeys imported to the U.S. in 2019 but halted those exports early this year.

Dr. Cohen said the center expanded its breeding colony, but each macaque can give birth only each spring, following a six-month gestation period. They become viable for research at 3 years old and optimal for studies at 5.

Dr. Taylor said the physical distancing rules at Emoryand most research institutions he knows oflimit the number of researchers in a procedure room. Dr. Cohen said all of Yerkes animal resource staff had returned with staggered shifts, and researchers have adjusted with unusual schedules to reduce laboratory occupancy.

We still have constraints with PPE, she said. Its still challenging. Weve been OK. Weve been able to get things, but its never a guarantee that well have enough face shields or enough masks.

Dr. Cramer said the pandemic also continues to hinder research among people whose work depends on travel, such as investigators in the humanities, social sciences, and geology. The university removed a previous restriction on domestic travel but continues to restrict international travel.

Veterinary researchers, in particular, struggled this year with deciding how to continue clinical trials involving pets and how they should protect pet owners, Dr. Cramer said. A Missouri resident might own a dog with cancer and travel to Minnesota to participate in a clinical trial, he said.

Should we have them do that, given the challenges associated with it for the individual? he said. And then, of course, how do you protect your staff and people in the veterinary clinic?

By early November, the volume of clinical trials in the veterinary clinic almost met the volume from before the pandemic, in part because travel is less uncertain, Dr. Cramer said.

In the spring, researchers and spokespeople at several universities indicated in interviews with JAVMA News they had reduced breeding of research animals, and a few depopulated mice in efforts to reduce the risks to human health. One institution sent livestock used in teaching laboratories to market earlier than planned.

Some news reports published at that time gave the impression research institutions were implementing widespread euthanasia of research rodents. Dr. Cohen said that, while some institutions euthanized research animals early in the pandemic, she thinks that was rare and institutions more often paused rodent breeding during the uncertain early months.

Dr. Pessah said research scientists across the UC-Davis campus, including the veterinary school, wonder whether the campus administration had been responsive to concerns about delays in studies unrelated to COVID-19.

But we are also very cognizant of safety as we move forward to ramp up, he said. So there are mitigating programs that have been put in place, especially for more junior faculty thatif your research has been delayed to the point where it has an impact on your ability to fulfill the missions in your grantsyou can apply for bridge funding to try to mitigate those delays.

The Office of Research leads that effort in cooperation with the deans, Dr. Pessah said. The amount available will depend on demand.

Most of the studies out of the School of Veterinary Medicine, though, met the definition of essential research because they deal with topics such as food animal health and food safety or require ongoing data collection to avoid massive losses, Dr. Pessah said.

Weve had a very open line of communication with all researcherswhether they use animals, cell lines, or a combinationto make sure that their essential research continues and their safety is maintained, he said.

As theoreticians, Dr. Cramer and the members of his research group work from home, in doing so following an order from Gov. Tim Walz that all people can work from home when possible. For other teams, the most challenging aspect tended to be deciding how to schedule workspace in ways that give people appropriate distance from one another while considering the space usually needed for their work.

When the fall semester began, though, new researchers needed training on laboratory techniques.

Sometimes, you need to be standing side by side with somebody, Dr. Cramer said. So, weve had to think about what things should be delayed in terms of training new people. Can we come up with techniques to deliver training without requiring folks to be too close to one another for too long a period?

For now, some of the trainers have relied on video-based training, whereas in-person instructors simply stood further away during their lessons and added plexiglass barriers, he said.

Though some researchers at the University of Minnesota developed COVID-19, none of those infections were traced to their workplaces or co-workers, Dr. Cramer said.

As for the research animal population, the University of Minnesotas mouse population was about 80% of its pre-pandemic total and climbing, Dr. Cramer said. Activity in the vivariums remained down to provide distance between researchers.

Dr. Taylor said that, for research institutions, business was returning to normal. He said researchers at Emory remained dedicated to their work and know it is important.

The work goes on, he said. The animals need to be taken care of. The research needs to move forward.

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Study: Bartonella Infection Associated With Psychiatric Symptoms and Skin Lesions – NC State News

Tuesday, December 8th, 2020

Bartonella bacteria are increasingly recognized as an emerging infectious disease threat. A new study by North Carolina State University researchers has found additional instances of Bartonella infection in humans who exhibited neuropsychiatric symptoms, a subset of whom also had skin lesions. This research adds to the body of evidence that not only can Bartonella infection mimic a spectrum of chronic illnesses including mental illness but also that dermatological symptoms may accompany infection.

Bartonella henselae is a bacterium historically associated with cat-scratch disease, which until recently was thought to be a short-lived (or self-limiting) infection. There are at least 30 different known Bartonella species, of which 13 have been found to infect humans. Improved methods for detecting Bartonella infection in animals and humans it is notorious for hiding in the linings of blood vessels and potentially the skin has led to the diagnosis of bartonelloses in patients with a host of chronic illnesses.

In 2019, Dr. Edward Breitschwerdt, Melanie S. Steele Distinguished Professor of Internal Medicine at NCState, published a case study involving an adolescent boy diagnosed with rapid onset schizophrenia, who had accompanying skin lesions. After Breitschwerdts research group documented Bartonella henselae infection, the patient received antimicrobial therapy and all neuropsychiatric symptoms resolved.

The new study is a follow-up to the 2019 work and is published in the journal Pathogens. Thirty-three participants suffering from neuropsychiatric symptoms ranging from sleep disorders and migraines to depression and anxiety enrolled in the study. Twenty-nine of 33 participants were found to have Bartonella infections based upon serology and enrichment blood culture polymerase chain reaction (PCR) testing. Twenty-four of the 29 Bartonella-positive participants (83%) reported the appearance of skin lesions during their illness.

Skin lesions ranged from cutaneous eruptions to red, irregular linear lesions randomly located on various parts of the patients body. Many of these lesions resembled striae distensae (stretch marks); however, typical risk factors for striae distensae, such as body building activities, obesity, pregnancy, prednisone treatment and other known disease associations, were either infrequently or not reported by study participants.

This research, a follow-up to our initial case report of Pediatric Acute-Onset Neuropsychiatric Syndrome (PANS), was initiated to further investigate a possible association between neuropsychiatric illness, skin lesions and a bacterial infection of emerging biomedical importance, Breitschwerdt says. We hope that this research will enable physicians to suspect connections between disparate symptoms involving the nervous system and skin that could be associated with an underlying bacterial cause.

Breitschwerdt is the first and corresponding author of the research, which was supported by the Bartonella/Vector-Borne Diseases Research Fund at NCStates College of Veterinary Medicine. NCState research technician Julie Bradley, postdoctoral researcher Erin Lashnits, and research professor Ricardo Maggi, as well as dermatologist Paul Reicherter of the University of Missouri Kansas City Truman Medical Center, contributed to the work.

-peake-

Note to editors: An abstract follows.

Bartonella Associated Cutaneous Lesions (BACL) in People with Neuropsychiatric Symptoms

DOI: 10.3390/pathogens9121023

Authors: Ed Breitschwerdt, Julie Bradley, Ricardo Maggi, Erin Lashnits, North Carolina State University; Paul Reicherter, University of Missouri Kansas CityPublished: Online Dec. 7, 2020 in Pathogens

Abstract:Bartonella species are globally important emerging pathogens that were not known to infect animals or humans in North America prior to the human immunodeficiency virus (HIV) epidemic. Ongoing improvements in diagnostic testing modalities have allowed for the discovery of Bartonella species (spp.) DNA in blood; cerebrospinal fluid; and the skin of patients with cutaneous lesions, fatigue, myalgia, and neurological symptoms. We describe Bartonella spp. test results for participants reporting neuropsychiatric symptoms, the majority of whom reported the concurrent development of cutaneous lesions. Study participants completed a medical history, a risk factor questionnaire, and provided cutaneous lesion photographs. Bartonella spp. serology and Bartonella alpha proteobacteria enrichment blood culture/PCR were assessed. Within a 14-month period, 33 participants enrolled; 29/33 had serological and/or PCR evidence supporting Bartonella spp. infection, of whom 24 reported concurrent cutaneous lesions since neuropsychiatric symptom onset. We conclude that cutaneous lesions were common among people reporting neuropsychiatric symptoms and Bartonella spp. infection or exposure. Additional studies, using sensitive microbiological and imaging techniques, are needed to determine if, or to what extent, Bartonella spp. might contribute to cutaneous lesions and neuropsychiatric symptoms in patients.

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New research marketing campaign part of CSU progress report to Board of Governors – Source

Tuesday, December 8th, 2020

CSU System CFO Henry Sobanet provided an update on Gov. Jared Polis budget request including a $494 million general fund increase to public higher education to restore operating support for colleges and universities to the $825 million funding level of fiscal year 2020. If approved, the CSU System would receive $101.6 million. The governors request also allows up to a 3% increase in resident, undergraduate tuition rates.

Budget Each spring, typically in May, the Board finalizes the budget for the coming year. During the bimonthly meetings leading up to budget approval, the Board receives financial updates which model multiple scenarios reflecting updated projections of factors such as enrollment trends and the anticipated funding for higher education from the legislature.

The Board reviewed models for the Education and General Budget which assume state funding at the level of fiscal year 2020, a slightly greater than typical enrollment decline from fall to spring, and tuition increases of 0% or 3%. Given ongoing financial challenges, including those from COVID-19, the CSU models project a fiscal shortfall in the range of $19.7 million to $28.6 million. Consistent with the Governors budget request, there are no salary increases included in the current CSU budget modeling for FY2021. The Board continues to implement its multi-year strategy of managing the shortfall created by COVID-19. At the February meeting the Board will further discuss how to resolve a shortfall if those revenue projections hold steady after updates to enrollment figures and new state revenue projections.

Faculty Representative Report Professor Stephanie Clemons discussed CSUs nation-leading sustainability ranking and the successful in-person fall semester. Clemons is retiring, and Faculty Council will designate a new representative who will fill the role starting at the Boards February meeting.

Student Representative Report ASCSU President Hannah Taylor shared priorities that Associated Students of CSU are focusing on including: a petition drive for a ballot initiative to change the citys You+2 policy to ME+3; health initiatives including mass ordering of thermometers for students, mental health support, flu shot promotion; and support for Rams Against Hunger. Taylor also discussed ASCSUs mentor program for academics and a partnership with Rocky Mountain Student Media to do monthly fireside chats shared online on the CTV YouTube channel.

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How to talk to pet owners about preventive care – Jill Lopez

Tuesday, December 8th, 2020

Disease prevention is integral to practicing high-quality veterinary medicine. We aim to maintain pet health, yet we are often faced with sick animals whose owners were unaware of the importance of ongoingpreventive and wellness care. We need to focus on educating clients about the importance of disease prevention at every wellness appointment, but especially with new clients and at new pet appointments.

Improving Health and Quality of Life

Keeping pets happy and healthy is the ultimate goal of the veterinarian and pet owners partnership. Talk to the owner about how preventive care improves their pets longevity and quality of life. Consistently remind owners that preventive wellness checks are essential to meeting this goal. Communicate that unremarkable wellness exams are a sign of success, not wasted time or money.

Emphasize to clients that proactive disease screening is an important part of preventive care. Early diagnosis can simplify the treatment of many types of diseases, reducing costs and the long-term morbidity of many diseases. Overall, early intervention improves prognosis and the patients quality of life.

Preventive Care Benefits

Another important point of discussion is that disease prevention saves money. Even simple health issues can quickly become expensive if treatment has been delayed or postponed. Meanwhile, more serious health issues and emergencies are often a major financial burden to many clients. With wellness care, we can avoid some of these emergencies.

Reducing Zoonotic Risks

Furthermore, good preventive care that includes parasite control and vaccinations such as rabies and leptospirosis can reduce the incidence of zoonosis, avoiding the associated health impacts and healthcare costs.

Using Examples To Support the Benefits

Choosing an example to contrast the consequences of the disease with the simplicity of prevention or early intervention is a powerful way to educate the client on the benefits of preventive care. Some good examples include parvovirus, heartworm disease, leptospirosis, chronic kidney disease, or tumors.Picking ones that are most relevant to the individual patient create the most impact in the discussion.

If we can emphatically communicate the importance of disease prevention, we can see many more patients for regular wellness visits. This will provide us with better business, happy clients, and improved pet health.

Read more from the original source:
How to talk to pet owners about preventive care - Jill Lopez

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