Weekly Companion Animal News: January 6, 2025
Virbac introduces URSOLYX Soft Chews
Virbac has collaborated with Emmyon Inc., a biotechnology company specializing in skeletal muscle biology, to introduce URSOLYX Soft Chews. This first-in-its- class muscle support product features ursolic acid, which targets mRNA expression in skeletal muscle. The product will launch at the 2025 Veterinary Meeting and Expo, Jan. 25-29, 2025, in Orlando, Florida, and later at the Viticus Group WVC annual conference, March 2-5 in Las Vegas, Nevada.
An industry in flux
Animal health is shifting quickly. The humanization of pets continues, the shortage of veterinarians and staff is top of mind for many, and cost and accessibility of care remain a major concern. Technology improves and can bring efficiencies but comes at a cost. How about private equity, consolidation, and demographics of the veterinary profession? A panel of veterinary professionals and experts reflect on the year behind us and predict what lies ahead.
PettureX to launch AI pet health scanner app
Pet health technology firm PettureX will launch the PettureX App, an AI-powered health scanning application, on major app stores Jan. 20. The app offers breed identification, mood analysis and physical symptom detection. By analyzing photos taken by pet owners, it can identify potential clinical abnormalities before they develop into serious conditions, according to the company.
Tractor Supply closes acquisition of Allivet
Tractor Supply Company completed its acquisition of Allivet, a privately held online pet and animal pharmacy which is licensed in 50 states with three distribution centers. The plans to acquire Allivet were announced on Oct, 24, 2024.
CodaPet launches in-home pet euthanasia services in Youngstown, Ohio
Canfield, Ohio, veterinarian Brianna Fowler, DVM, has begun offering CodaPetās at-home euthanasia services in Youngstown and surrounding areas. CodaPet supports a network of veterinarians that offer at-home pet euthanasia services in over 80 cities.
M&As could rise in 2025 under a Trump White House
Deals are expected to rise in 2025. Funding is expected to get cheaper, with the Federal Reserve extending its interest-rate-cutting cycle, lowering borrowing costs, even as the central bank struggles with its inflation fight. And, crucially, incoming President Trump is a fan of looser regulation than the Biden administration, which blocked more mergers because of competitive concerns than did previous administrations.
In some regions of Spain, pet care is now tax-deductible
New animal welfare laws in certain autonomous regions of Spain mean that pet owners can have certain expenses involved in their upkeep deducted as part of their tax declaration. The changes mean dogs and other pets are no longer legally considered as āobjectsā or possessions, but rather as members of the family with the capacity to experience feelings and emotions.