Fountain Report Excerpts Oct 31, 2023

Veterinary practice valuations in the third quarter have adjusted to the new economic environment, Ackerman Group co-CEO Rich Lester writes in the latest Fountain Report. Hospital valuations have stabilized in the last 15 months at a range of 8-13x EBITDA from the previous highs of 12-18x in late 2021 and early 2022, according to Ackerman Group. [...]
Read More

Fountain Report Excerpts Oct 24, 2023

The FDA approved Ayradia (metronidazole oral suspension) for the treatment of Giardia duodenalis infection in dogs. According to the FDA, Ayradia is the first FDA-approved treatment for Giardia duodenalis for any animal species. Giardia duodenalis is a common protozoal parasite that can infect the intestinal tract in dogs, leading to gastrointestinal infections that commonly cause diarrhea, [...]
Read More