IDEXX Laboratories sues former employees, Vets First ChoiceAugust 8, 2018IDEXX Laboratories, a veterinary diagnostic testing and product manufacturer, is taking two former employees and Vets First Choice, a prescription management company, to court. The company's lawsuit, filed Aug. 3 in U.S. District Court, states that Dan Leach and Agostino Scicchitano did not reveal they resigned from IDEXX to gain employment with Vets First Choice and engaged in alleged "actual and/or threatened misappropriation of trade secrets." The lawsuit claims the pair took confidential materials from company computers when they moved to their new employer. This takes on significance several reasons, not least of all the announcement in April by Vets First Choice and Henry Schein Inc. that Henry Schein would merge its animal health business with Vets First Choice to create Vets First Corp., an independent publicly traded company. A recent analysis by Zack's Investment Research of IDEXX concluded that while IDEXX had been outperforming in its industry, Henry Schein's spin off of its animal health business poses a threat to the company. Since 2017, seven other IDEXX employees had been hired by Vets First Choice, the lawsuit states. "As a result of the aggressive hiring practices that Vets First Choice was utilizing, …
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Henry Schein opens 2018 VetSummit registrationMay 1, 2018Henry Schein Inc. has opened registration for its 2018 VetSummit, a three-day conference designed to help veterinarians run better businesses. The conference, scheduled Oct. 10-12 in Dallas and open to veterinarians, veterinary technicians, and practice staff, is an initiative of Henry Schein Veterinary Solutions (HSVS) veterinary technology and practice management software provider and Henry Schein Animal Health U.S. companion animal health distribution company. Formerly known as the Veterinary Technology Summit, this year's event will include such topics as how to handle staffing and human resources-related issues, tactics for delivering excellent customer service, navigating regulatory compliance, and how financial valuation can impact a practice owner's short- and long-term goals. The event also will include topics related to technology, maximization of practice management software solutions, and other services. "We at Henry Schein are committed to helping veterinary professionals understand how to build stronger practices so they can focus on providing care to their patients," said Chris Dollar, global president, HSVS. "With VetSummit's expanded focus, attendees can rely on us to deliver a rich learning experience that will help them run more successful businesses that generate greater revenue, deliver better customer service, create a more productive working environment, give …
Henry Schein to spin off animal health businessApril 23, 2018Henry Schein Inc. announced today that it will spin off its $3.5 billion animal health supplies business, Henry Schein Animal Health (HSAH), and combine it with Vets First Choice. The new publicly traded company, Vets First Corp., will be headquartered in Portland, Maine, where Vets First Choice is located currently. The deal combines Henry Schein's veterinary supplies, software for practices and distribution network with Vets First Choice's prescription management platform. Ben Shaw, founder and CEO of Vets First Choice, will become chairman of the board and CEO of the new company. Stanley Bergman, chairman of the board and CEO of Henry Schein, will be a Vets First Choice board member and continue in his role as CEO and chairman of Henry Schein. Karen Prange, executive vice president of Henry Schein Inc. and CEO of the global animal health, medical and dental surgical group, will leave the company. Henry Schein will nominate six directors to the Vets First Corp. board; Vets First Choice will nominate five. Vets First Choice, founded in 2010, has approximately 750 U.S. team members and more than 5,100 veterinary practices use its prescription management platform. HSAH has …
Henry Schein supports CSU sports medicine and rehabilitation veterinarianMarch 13, 2018Henry Schein Inc. announced its support of a three-year residency position with the Small Animal Sports Medicine and Rehabilitation service at the James L. Voss Veterinary Teaching Hospital of Colorado State University. The company's donation of health care supplies supports Ilan Frank, DVM, a second-year resident with the service. The Small Animal Sports Medicine and Rehabilitation team provides nonsurgical orthopedic care to sporting, hunting, working, and service animals, as well as pets with mobility issues. The veterinarians on the team use innovative imaging techniques, medical treatments, and rehabilitation to help animals regain strength, speed, and endurance after an injury. The donation is an initiative of Henry Schein Animal Health, Henry Schein Medical, and Henry Schein Cares, the company's global corporate social responsibility program. As a veterinarian in the Israeli Army, Dr. Frank helped to establish the veterinary services of the Army's Special Operations and served as the chief veterinarian of its K9 unit for 15 years. In that position, he often worked with military working dogs, conditioning them for service and treating them after injury. His experiences in the military led him to pursue a residency at CSU …
Henry Schein acquires interest in Brazilian veterinary product distributorJanuary 9, 2018Henry Schein Inc. has acquired a 60 percent ownership investment in ABASE, a family-owned distributor of veterinary healthcare products with a strong presence in Sao Paulo, Brazil. Headquartered in Jaguariuna, ABASE sells pharmaceuticals, pet food, diagnostic equipment, and consumables primarily to the companion animal, swine, poultry, and bovine segments. Financial terms were not disclosed. "This ownership investment strengthens our position in Brazil's animal health market, which we established earlier this year in the state of Rio de Janeiro with our investment in Tecnew. It also diversifies our relationship with global suppliers and approximately doubles our vol. "We look forward to leveraging the expertise between Tecnew and ABASE to further advance both businesses and to focus on new opportunities to help veterinarians in Brazil run more efficient, successful practices while providing the highest quality care." ABASE was founded in 1990 by Edison Baba, who will retain a minority ownership position and continue to lead the business as a managing director. The company has approximately 90 employees, including a sales staff of more than 45, and operates a centralized distribution center in Jaguariuna. Henry Schein's Global Animal Health business has operations or affiliates in 24 countries, including the US, Australia, New Zealand, Brazil, Canada, China, Malaysia, …
Henry Schein to celebrate large animal vets on Oct. 12October 6, 2016Henry Schein, Inc., wants to recognize the efforts of large animal veterinarians, so they are launching the inaugural National Livestock Veterinary Day on October 12.
