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Today's Veterinary Business

veterinary technicians

VEG Raises the Bar on Technician Pay

Credentialing can boost pay to $40 an hour, more than double what’s typically found nationwide.

Credentialed veterinary technicians employed at the 24-hospital Veterinary Emergency Group can earn up to $40 an hour, which the company calls “unprecedented pay.” The new pay scale ranges from $23 to $40 an hour and takes into account the technician’s credentials, skill level and hospital location. Veterinary technician specialists receive from $38 to $48.50 an […]

ProSites LifeLearn

Business Services Company Acquires LifeLearn

New owner ProSites works with dentists, doctors, lawyers and accountants as well as veterinarians.

The website design and digital marketing company ProSites has expanded its veterinary business with the acquisition of Canada-based LifeLearn Animal Health. Terms were not disclosed. LifeLearn, founded in 1994, provides marketing, client communication and training and development services to veterinary practices and industry partners across North America. ProSites serves small business owners in the veterinary, […]

Cyclavance

Virbac Releases Liquid Atopic Dermatitis Drug

Cyclavance has a 98% acceptance rate among dogs when given orally or with food.

Virbac Corp. has launched Cyclavance, the first FDA-approved liquid cyclosporine for dogs diagnosed with atopic dermatitis. Cyclavance (cyclosporine oral solution) is a generic version of Elanco Animal Health’s Atopica cyclosporine capsules. The new Virbac prescription drug is indicated for the control of atopic dermatitis in dogs weighing at least 4 pounds. A liquid drug like […]

Mars Veterinary Health

Mars Veterinary Health Invests in Its Employees

The $500 million campaign includes a $15 minimum wage, student debt counseling, and diversity and inclusion programs.

Mars Veterinary Health North America will spend $500 million to improve employee pay, benefits, diversity and career opportunities across its brands, including Banfield, VCA and BluePearl animal hospitals and Antech diagnostic laboratories. The initiative calls for minimum hourly pay of $15 by the end of 2022, student debt relief and up to 80 more hours […]

Tanovea

VetDC’s Canine Lymphoma Drug Makes History

Full FDA approval of Tanovea is the first of its kind, offering hope to the owners of tens of thousands of dogs.

For the first time, the U.S. Food and Drug Administration has fully approved a treatment for canine lymphoma, awarding the status to VetDC Inc. and its drug Tanovea. “Today’s approval shows that drugs to treat rare animal diseases, like canine lymphoma, can go through the FDA’s conditional approval pathway to reach full approval,” said Steven […]

MetLife Pet Insurance

MetLife Enters Pet Insurance Market

Some preexisting conditions are automatically covered when a pet owner who purchases a policy through an employer switches from another carrier.

The $2 billion U.S. pet insurance industry has attracted another competitor, MetLife, which in an attempt to convert other companies’ policyholders has agreed to cover a dog or cat’s preexisting conditions in some cases. MetLife Pet Insurance is a new product offered by one of the nation’s largest life insurance companies. Another company, Independence American […]

VCP wellness

Covetrus to Acquire Veterinary Care Plans

Pet wellness programs will be integrated into Covetrus’ practice information management systems.

Veterinary Care Plans (VCP), which administers pet wellness programs on behalf of 1,000 clinics, has agreed to be acquired by Covetrus. Terms of the transaction were not revealed. The takeover will lead to the integration of the VCP platform into Covetrus’ practice management and prescription management software systems, the companies reported. “By adding VCP’s technology […]

NVA SAGE Veterinary Centers

Industry Giant NVA Acquires SAGE Veterinary Centers

The transaction expands National Veterinary Associates’ family of specialty and emergency practices.

The 1,150-hospital National Veterinary Associates network has acquired SAGE Veterinary Centers, an emergency and specialty group operating in four states. The price tag was not announced, but the companies reported that “SAGE’s management, their founding veterinarians and Chicago Pacific Founders will roll over a portion of their investment proceeds into stock in NVA.” Chicago Pacific […]

KindredBio

Elanco Plans $440 Million Takeover of KindredBio

The young company’s product pipeline includes dermatologic therapeutics and treatments for canine parvovirus and inflammatory bowel disease.

Kindred Biosciences, which is developing therapeutics to treat parvovirus and inflammatory bowel disease in dogs, has agreed to be acquired by Elanco Animal Health in a deal valued at $440 million. San Francisco-based KindredBio sold its breakthrough product, the feline weight-management drug Mirataz, to Dechra Pharmaceuticals in early 2020, eight years after its founding. However, […]

ezyVet

Idexx Adds a Third PIMS Platform

Cloud-based ezyVet is an option for veterinary practices alongside Cornerstone and Neo.

Idexx Laboratories Inc. has acquired ezyVet, a New Zealand-based practice information management system, and a satellite company, Vet Radar. Terms were not disclosed. EzyVet joins two other Idexx PIMS products: Cornerstone and Neo. “EzyVet is a truly impressive cloud-native software solution that continues to transform the industry and the software experience for veterinary practitioners,” said […]

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