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FoodScience acquisition

Pet Supplements Company Gets a New Owner

FoodScience, whose brands include VetriScience and Pet Naturals, is acquired by Wind Point Partners.

FoodScience Corp., a family-owned manufacturer of VetriScience and Pet Naturals nutritional supplements, has been sold to the private equity firm Wind Point Partners. Terms were not disclosed. FoodScience, founded in 1973, also makes nutritional supplements for the human market under the brand name DaVinci. The company is headquartered in Williston, Vermont. Wind Point Partners reported […]

college application admissions

Study Questions Fairness of Veterinary School Admissions

Certain groups are at a disadvantage, say a former college dean and an AAVMC researcher.

The authors of a study that found unintended bias in veterinary school admissions are calling for a re-examination of the entire process. The Association of American Veterinary Medical Colleges study concluded that admission offers were lower for candidates from underrepresented racial or ethnic groups as well as for Pell Grant recipients and first-generation college students. […]

veterinary spending

U.S. Veterinary Market Totaled $31.4 Billion in 2020

The American Pet Products Association expects spending on pets in all categories to reach nearly $110 billion this year.

The veterinary profession in 2020 captured a 30% slice of the record-setting $103.6 billion U.S. pet industry, according to a new report. The American Pet Products Association is forecasting even higher numbers in 2021, with expenditures in the overall pet market reaching an estimated $109.6 billion. “We are bullish for the coming year, projecting growth […]

Canada

Airvet Goes North of the Border

The telehealth platform provider is doing business in Canada.

Los Angeles-based Airvet has exported its telehealth platform to Canada, a nation of nearly 16 million cats and dogs and more than 3,000 veterinary practices. The expansion followed the introduction of Airvet Assist, a single page interface designed to reduce phone time and improve the clinic workflow. Brandon Werber, the company’s CEO and founder, called […]

wage gap

Study Confirms DVM Gender Wage Gap

Women at the high end of the pay scale might earn $100,000 less annually.

Cornell University researchers have identified a pronounced wage gap between male and female veterinarians, especially among recent graduates and top-earning practitioners. The study, published in the March 15 issue of the Journal of the American Veterinary Medical Association, found that among the top quarter of earners, men were paid about $100,000 a year more. The […]

Petriage curbside

Petriage App Offers Curbside, Advice Options

The new services connect pet owners with their veterinarian and other experts.

Pet owners who use the Petriage mobile app can now check in and out during curbside appointments and consult with veterinary professionals anytime by phone. The new services build on the Bellevue, Washington, company’s free Pet Symptom Checker, which uses artificial intelligence to advise pet owners about the urgency of a cat or dog’s medical […]

wild cats

Ayers Foundation Gives $20 Million to Protect Wild Cats

Former Idexx chief Jonathan Ayers calls wild cat conservation “a very tangible cause.”

Former Idexx Laboratories executive Jonathan Ayers has pledged at least $20 million through his foundation to support the preservation of wild cats of all sizes, from lions and cheetahs to bobcats and ocelots. Ayers, who stepped down as a day-to-day Idexx leader in October 2019, joins a number of other environmental philanthropists who each pledged […]

bonus

Pathway Unveils Veterinarian Bonus Program

Five years of continuous employment could put practitioners on the path to a $225,000 or $450,000 windfall.

How does a $450,000 bonus sound? That’s the potential extra compensation that Pathway Vet Alliance is offering to specialty and emergency veterinarians. General practitioners can collect up to $225,000. The full sums are contingent on tenure — five consecutive years of employment with Pathway or Thrive Affordable Vet Care — and the company’s financial performance. […]

Inspire Veterinary Partners

Practice Consolidator Offers Employee Stock Options

Newly established Inspire Veterinary Partners wants hospital team members to “share in the ownership.”

Inspire Veterinary Partners, a practice consolidator that ventured to Hawaii to purchase its first clinic, wants to own 50 hospitals nationwide within five years. Team members who work at least 20 hours a week at newly acquired Kauai Veterinary Clinic or other Inspire-owned veterinary hospitals can receive stock options in the parent company, part of […]

feline

AAHA, AAFP Release Feline Life Stage Guidelines

Supporting the health and longevity of every cat is the focus of free advice for veterinary professionals.

Senior cats should see a veterinarian at least every six months and the subject of pet health insurance might be appropriate during cost-of-care discussions, according to the newly released 2021 AAHA/AAFP Feline Life Stage Guidelines. A task force assembled by the American Animal Hospital Association and the American Association of Feline Practitioners produced the document, […]

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