Dechra Buys Dermapet For $64 MillionOctober 22, 2010 Dechra Veterinary Products, the U.S. sales and marketing division of U.K.-based Dechra Pharmaceuticals PLC, reported today that it has acquired Dermapet in a deal that could reach $64 million. The acquired dermatology products increases Dechra’s U.S. presence and complements its European Union range in this “key strategic therapeutic category,” according to the company. “We are excited to have acquired Dermapet and are extremely motivated to further strengthen our relationships with veterinary dermatologists, corporate hospitals, general practitioners and our distribution partners,” said Mike Eldred, president of U.S. Operations, Dechra Veterinary Products. “Dermapet’s high quality all-natural dermatological product line is a perfect fit with our regulated dermatology products; Animax, Muricin and Vetromax. With additional investment in product development and marketing initiatives, I am confident Dechra will soon be recognized as a leader in the worldwide veterinary dermatology market segment.” Dermapet’s revenue was $6.9 million for the six months ended June 30, according to Dechra. In the last full financial year ended Dec. 31, 2009, Dermapet posted revenue of $10.7 million. “This acquisition is expected to be materially earning enhancing in its first full year of ownership,” said Ian Page, chief executive of Dechra Pharmaceuticals. “It also further …
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New Report Focuses On Diabetes In Dogs, CatsOctober 21, 2010 Although the true incidence of diabetes among dogs and cats is unknown, pet health professionals believe that it is increasing due to the obesity epidemic and the longer lifespan of pets, according to a new report released by Abbott Animal Health. The State of Diabetes report, launched in correspondence with November’s National Diabetes Awareness Month, is intended to provide background on diabetes in dogs and cats as well as strategies on how veterinarians and veterinary technicians can address risk factors and provide effective management. To get the “360 degree view of diabetes,” Abbott Animal Health partnered with the American Animal Hospital Association, the American Veterinary Medical Association, the National Association of Veterinary Technicians, Banfield clinics, Boehringer Ingelheim Vetmedica, Nestle Purina PetCare and Pets Best Insurance. When it comes to prevalence, diabetes is more common in cats than dogs, according to unpublished data by the Banfield Applied Research and Knowledge (BARK) team, as cited by Abbott Animal Health. The BARK team looked at almost 1.9 million canine records and more than 406,390 feline records in 2009. Comparable stats as it related to dogs were not available at press time, but other figures were provided showing that …
Cost Issues Plague Recession-Battered Clients, DVMsOctober 21, 2010 The human-animal bond does not weaken during recessions, but many caregivers feel more financial and emotional stress when their pets are sick. These days, we might see three or four clients in a row who have serious financial concerns. Some of us recall previous recessions and felt more prepared to deal with this one. But few of us were prepared to endure and share the burdens of a prolonged economic downturn. This recession continues to batter our clientele with job cutbacks, unemployment, falling property values, foreclosures, maxed-out credit cards, health care issues, etc. This unrelenting pressure pushes a big percentage of our clientele deeper into debt and desperation and causes anxiety and heartbreak on both sides of the veterinary exam table when their pets are sick. During my first recession, many of our well-intended clients requested payment plans. Our facility became burdened with accounts receivable that climbed as high as $250,000. Our well-intended clients “slow paid” or “no paid.” Dr. Villalobos Shares Her Thoughts on Each Scenario Example 1: Five thousand dollars is a lot of money. It is tempting to take this case to small claims court because the veterinarian did everything correctly, but …
VPI: Top 10 Medical Conditions Requiring SurgeryOctober 21, 2010 Benign skin mass was the top medical condition requiring surgery for dogs last year and tooth extraction was the top for cats, according to Veterinary Pet Insurance of Brea, Calif., which analyzed its database of more than 485,000 insured pets. Canine conditions following benign skin mass: skin abscess, inflammation or pressure ulcer; tooth extraction; torn anterior cruciate ligament or cartilage; malignant skin mass; cancer of the spleen, cancer of the eyelid; bladder stones; cancer of the liver; and auricular hematoma. Feline conditions following tooth extraction: skin abscess, inflammation or pressure ulcer; benign skin mass; bladder stones; cancer of the abdominal wall; malignant skin mass; multiple bite wounds; cancer of the liver; cancer of the mouth; and cancer of the nasal cavity. “Veterinary medicine has made considerable advancements in recent years, providing pet owners surgical options that weren’t available to them even five years ago,” said Carol McConnell, DVM, vice president and chief veterinary medical officer for VPI. “While this is certainly good news, pet owners are often unaware of the cost of these surgeries. “Surgical claims are typically some of the most expensive received at VPI, with the average claim routinely costing thousands of dollars. It’s …
Herbs Might Muddy Chemo OutcomesOctober 21, 2010 Can herbs improve chemotherapy outcomes? Likely, some can. Can they also interfere with chemo and interact unpredictably? Yes. Is there enough evidence to determine in advance which herbs will help and which ones harm?1-2 Not often, but the list of known effects is growing, raising the index of suspicion when clinicians encounter unexpected blood dyscrasias and organ injury. Chinese herbs in particular have drawn scientists’ attention regarding their impact, for better or worse, on cancer patients’ overall health. Even oncologists in China are encouraging colleagues to maintain a watchful eye for surprise sequelae from traditional Chinese medicine (TCM). One paper admonished: “[P]rofessional complacency about TCM use is becoming less acceptable as the knowledge base of TCM-induced toxicities and interactions expands. Being rich sources of bioactive xenobiotics, TCMs are frequent causes of puzzling complications, including hepatotoxicity, nephrotoxicity, and hematologic disorders.”3 While some traditional Chinese herbal medicines (TCHMs) are chemo- and radio-sensitizing and cause conventional treatment to work more strongly, others directly antagonize medication through one or more mechanisms. Toxicity from Chinese herbs co-administered with chemotherapy may lead to diagnostic dilemmas when clinicians misattribute problems to the drug rather than the TCHM product, thereby …
¿Cómo Se Dice ‘Dilated Cardiomyopathy’?October 21, 2010 Miami, where I live, can be an odd place to be a service professional. Whether you’re a physician, accountant, bank teller or hotel clerk, you’d best speak some Spanish. (While you’re at it, Portuguese and Creole would be a boon to your career, too.) Like other U.S. cities, Miami is getting more Hispanic every day. The whole state, in fact, continues to attract Hispanics in droves. In Oregon, Arizona, Texas and New Mexico, Spanish-speaking veterinarians are also in high demand. Oregon’s 11 percent (and booming) Hispanic population means there aren’t enough Spanish-speaking veterinarians to meet the needs of its newish-to-English citizens. The only difference here in South Florida is that the Spanish speakers are as likely to come from Spain, Venezuela and Colombia as from Mexico or Central America. That guy in the Maserati next to your Toyota is just as likely to come from Ecuador as from New York. Times have changed … and are still a changin’, especially now that monied exiles from South America’s newly socialist nations are vacating their homelands in droves, pets in tow. And Miami is only one of thousands of destinations they’ll eventually settle in. It’s not hard …
Corridor Sponsors Animal Health Investment ForumOctober 20, 2010 Nineteen companies seeking capital presented their cases at the second KC Animal Health Investment Forum 2010, held Aug. 31 in Kansas City, Mo. Presented by the KC Animal Health Corridor, the investment forum capped off two days of activities that included a research symposium on biosecurity, a technology transfer event in which reps from Kansas State, Missouri, Iowa State, Oklahoma State and Nebraska universities sought commercialization partners, and the “Late Night in the KC Corridor” gala event, featuring Finton Molloy, former executive with Teva Animal Health and Boehringer Ingelheim Vetmedica, in the role of a late night talk show host. Molloy’s guests included new Corridor chairman George Heidgerken, president and CEO of Boehringer Ingelheim Vetmedica Inc.; Neil Thompson, president and CEO of Hill’s Pet Nutrition, presenting former Hill’s chairman and CEO Bob Wheeler with the Corridor’s Iron Paw Award for career achievements; and Jack Hanna, director emeritus of the Columbus Zoo and Aquarium. Paul Hays, CEO of Synbiotics Corp., served as Molloy’s co-host and sidekick. Heidgerken said he planned to continue the original vision of the corridor and attract more animal health companies to the region and support key initiatives that are larger than any one …
Texas A&M Opens Renovated Kitchen At Small Animal HospitalOctober 20, 2010 The Small Animal Hospital at the Texas A&M College of Veterinary Medicine & Biomedical Sciences this week opened its renovated veterinary kitchen, courtesy of Nestlé Purina PetCare. The company’s program, Nestlé Purina Center for Nutrition Excellence, donated $70,000 to make the small animal kitchen in the hospital more accessible for veterinary students and veterinarians. The room provides easy access to all of the dry goods, canned goods and special dietary items, according to the college. The kitchen holds Purina products as well as other food brands, and expiration dates are coded on every food item. “Prior to the renovation we had some of the dry foods in accessible containers, but a lot of the dry food was wasted by opening bags that could not be closed or stored properly afterward,” said Deb Zoran, DVM, Ph.D., Dipl. ACVIM, associate professor at the college. “We also didn’t have an effective way of storing canned foods to make them accessible. Now, it is much cleaner and a much more effective use of the space. There will be much less food wasted and we are very grateful for that.” Nicholas Vaughan, DVM, Nestlé Purina regional sales representative, said the …
Vets To Dispense Online Veterinary Advice For FeesOctober 20, 2010 Jed Schaible, VMD, and Laci Schaible, DVM, of Bethlehem, Pa., have launched VetLive.com, a new wesite designed to give pet owners round-the-clock veterinary advice. The husband and wife team said the website ushers in a new standard in pet care by giving pet owners the opportunity to ask questions, get a second opinion or chat live from “the comfort of their own home at an affordable price.” Prices range from $12.95 to $34.95 and can be paid through Google Checkout or PayPal. “We felt it was time for pet owners to take control of their pet’s health and healthcare spending,” Dr. Jed Schaible said. Pet owners using the service will not have to make and wait for appointments or transport and possible stress their pets, he said. Owners can also upload pictures of their pet’s problem as well as medical documents to be reviewed by the veterinarian, according to Dr. Laci Schaible. Veterinarians interested in becoming a paid “VetLive Expert” can apply at the website. Veterinarians must have an active license and be in good standing with no pending actions. Applicants must also pass a medical proficiency exam via e-mail. …
Agent Of ChangeOctober 18, 2010Health scare gives Brett Cordes new direction as a veterinarian By the time Brett Cordes, DVM, was in his mid-30s, he had worked in veterinary practices for the better part of two decades. He started in high school, worked his way through college and veterinary school, then spent 10 years as a practicing vet. The way he handled potentially hazardous materials, particularly chemotherapy drugs, was often cavalier during these years, he admits. He wore little or no protective gear when handling chemotherapy agents and often dumped pills into his ungloved hand when dispensing them. He poured oncology drugs down the sink, even after noting how some left an angry red stain that lingered for days. Then in 2006, a specialist diagnosed an almond-sized lump on his neck as a rare form of thyroid cancer. One of the first questions the doctor asked: Was Dr. Cordes ever exposed to chemotherapy? Suddenly everything changed for Cordes, from the way he practiced veterinary medicine to the way he thought about workplace safety. “Most veterinarians really do everything. We’re our own oncologist, radiologist, pharmacist, dentist,” says Cordes, now 39, who is careful to note that although he and his physicians strongly suspect his exposure …
