{"id":11438,"date":"2022-01-14T16:11:50","date_gmt":"2022-01-14T16:11:50","guid":{"rendered":"https:\/\/todaysveterinarybusiness.com\/?p=11438"},"modified":"2022-06-15T17:48:17","modified_gmt":"2022-06-15T17:48:17","slug":"lifetime-pet-care-cost-zoetis-dechra","status":"publish","type":"post","link":"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/lifetime-pet-care-cost-zoetis-dechra\/","title":{"rendered":"News Roundup: Synchrony \/ Zoetis \/ Dechra"},"content":{"rendered":"

Study Details the Cost of Raising a Dog or Cat<\/h3>\n

How much is that doggie in the window? Up to $55,000 over its lifetime, according to a report from Synchrony, CareCredit and Pets Best Pet Insurance.<\/p>\n

The Lifetime of Care study, based on a survey of 1,200 U.S. pet owners and 100 veterinarians, pegged the first-year cost of a dog at $1,270 to $2,803. Over 15 years, the owner can expect to spend from $19,893 to $55,132. The higher amount includes pet health insurance, veterinary wellness plans and other non-basic expenses.<\/p>\n

With cats, the first-year cost ranges from $961 to $2,487. Lifetime expenses are $15,055 to $45,780.<\/p>\n

The report gives pet owners a good idea of what they\u2019ll encounter financially.<\/p>\n

\u201cMillions of Americans choose to share life with a pet, yet the true cost of ownership has historically been incredibly vague,\u201d said Jonathan Wainberg, a Synchrony senior vice president and pet division general manager. \u201cOur Lifetime of Care study serves as a helpful tool to prepare prospective pet parents.<\/p>\n

\u201cWe want pet parents to have a deeper understanding of what to expect financially and knowledge of the flexible payment solutions that are available to help them manage the costs of care throughout their pet\u2019s lifetime.\u201d<\/p>\n

Just over half of the pet owners who responded said they would consider a dedicated pet care credit card like CareCredit to cover a veterinary bill at checkout.<\/p>\n

More survey details are at bit.ly\/3qt777C<\/a>.<\/p>\n

\n

Solensia, from Zoetis, Alleviates Feline OA Pain<\/h3>\n

Solensia, an injectable monoclonal antibody designed to control osteoarthritis pain<\/a> in cats, is expected to enter the U.S. market in the second half of 2022.<\/p>\n

The manufacturer, Zoetis Inc., reported that Solensia (frunevetmab injection) was approved by the U.S. Food and Drug Administration. European veterinarians have administered the monthly treatment to feline patients since May 2021.<\/p>\n

\u201cFeline OA pain is typically undertreated because of a lack of effective solutions that are safe to use long term, along with how difficult it can be for cat owners to administer oral medicines,\u201d said Mike McFarland, DVM, DABVP, the chief medical officer at Zoetis. \u201cThe approval of Solensia is a significant step forward in the control of feline OA pain.<\/p>\n

\u201cCat owners and veterinarians alike can feel confident that Solensia \u2026 [will] control OA pain and help cats get back to moving more freely again.\u201d<\/p>\n

Solensia targets nerve growth factor (NGF), a key driver of osteoarthritis pain, Zoetis stated.<\/p>\n

\n

Dechra to Launch Oral Lymphoma Drug for Dogs<\/h3>\n

Dechra Veterinary Products has acquired the global rights to Laverdia-CA1, a canine lymphoma drug conditionally approved a year ago by the U.S. Food and Drug Administration.<\/p>\n

The developer of Laverdia-CA1 (verdinexor tablets) is Anivive Lifesciences Inc. of Long Beach, California.<\/p>\n

\u201cUnder the terms of the agreement, Dechra will begin selling, marketing and supporting Laverdia-CA1 in the United States in the first quarter of 2022,\u201d Dechra reported. \u201cThe product is a novel, oral SINE (selective inhibitor of nuclear export) drug and is the first oral tablet for canine lymphoma.\u201d<\/p>\n

\n

Did you know a subscription to Today\u2019s Veterinary Business is free to qualified veterinary professionals? All you have to do is sign up here<\/a> (and renew each year). You also can sign up to receive the Today\u2019s Veterinary Business weekly e-newsletter.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Study Details the Cost of Raising a Dog or Cat How much is that doggie in the window?<\/p>\n","protected":false},"author":36,"featured_media":11439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[90],"tags":[],"class_list":["post-11438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-online","column-news","clinical_topics-news"],"acf":{"hide_sidebar":false,"hide_sidebar_ad":false,"hide_all_ads":false},"yoast_head":"\nNews Roundup: Synchrony \/ Zoetis \/ Dechra | Today's Veterinary Business<\/title>\n<meta name=\"description\" content=\"How much is that doggie in the window? 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