Fountain Report Excerpts

See below for curated highlights from the most recent additions to the Fountain Report.

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Fountain Report Excerpts May 24, 2022

Since 2020, the Diversify Veterinary Medicine Coalition and the Black Veterinary Association of Canada have been working to bring more youth of color into veterinary medicine. Both groups, which are building membership throughout North America, have established scholarships, educational programming and mentorship opportunities to help youth and young adults of color gain access to the [...]
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Fountain Report Excerpts May 17, 2022

Elanco reported first quarter revenue of $1.23 billion, down 1% from last year. Reported net income of $48 million was up from a loss of $61 million last year. Reported earnings per share of 10 cents was up from a loss of 12 cents per share. Adjusted net income for the quarter of $177 million [...]
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Fountain Report Excerpts May 10, 2022

Covetrus reported first quarter net sales of $1.15 billion, a 4% increase over last year. Net loss was $2 million, compared to a net loss of $16 million in last year’s first quarter. “We continued to drive momentum in our strategic growth drivers, progressed our technology roadmap forward and delivered against our financial commitments,” said [...]
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Fountain Report Excerpts May 3, 2022

Elanco Animal Health has obtained exclusive U.S. licensing rights for Bovaer, Royal DSM’s methane-reducing feed additive. The product has been approved in Europe, Brazil, Chile and Australia for beef and dairy cattle and is awaiting U.S. approval. Merck’s animal health division saw $1.48 billion in sales in the first quarter of 2022, a 4% increase [...]
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Fountain Report Excerpts April 19, 2022

Arkansas-based Lyon College announced this week that it’s begun the accreditation process to open the state’s first veterinary and dental schools. They’re planned to be in Little Rock, about 100 miles southwest of the college’s main campus in Batesville. Since access to veterinary and dental care is becoming a higher priority, the timing is right [...]
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