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Fountain Report Excerpts Feb 20, 2024

Zoetis reported fourth quarter revenue of $2.2 billion, up 8%. Net income of $525 million, or $1.14 per diluted share, was up 14% (15% per share). For the year, revenue of $8.5 billion was up 6%. Net income of $2.3 billion, or $5.07 per diluted share, was up 11% (13% per share). Quarterly highlights included an [...]
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Fountain Report Excerpts Feb 13, 2024

Elanco Animal Health has agreed to sell its aqua business to Merck Animal Health for approximately $1.3 billion in cash, representing approximately 7.4 times the estimated 2023 revenue of the Elanco aqua business, according to the announcement. The transaction reinforces Elanco’s focus on its most significant value creation opportunities, notably in pet health and livestock sustainability. [...]
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Fountain Report Excerpts Feb 6, 2024

The American Association of Veterinary Medical Colleges announced it has recently welcomed 12 new institutions for membership. The Universidad de Ana G. Mendez in Puerto Rico has received a letter of reasonable assurance from the Council on Education and was welcomed as a member institution of the AAVMC. Provisional membership is available for a school of [...]
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