Fountain Report Excerpts Jul 02, 2024

Fountain Report Excerpts
  1. The Q1/2024 CAHI review Animal Health by Scott Brown in June 28 Fountain Report reported that the animal health industry grew more slowly than the broader market. The CAHI was up about 3% this quarter while the S&P 500 was up about 11%. M&A activity was down with animal feed companies accounting for 13 of the 30 transactions this quarter.
  1. The FDA’s Center for Veterinary Medicine (CVM) will host the first of a series of five public meetings on Wednesday, July 17, to provide educational sessions for stakeholders who are interested in the new animal drug approval process. The initial conference will provide overviews of the animal drug approval process, best practices in the approval process, the environmental impact technical section and more.
  1. Low-stress animal handling will be one of the research focuses at the Klosterman Feedlot Innovation Center, set to open this summer at University of Nebraska — Lincoln’s Eastern Nebraska Research, Education and Extension Center near Mead, Nebraska. The KFIC will be one of the only commercial-scale feedlot research centers in the world and will include a processing barn that features two separate, but side-by-side alleyway and chute systems with an elevated classroom.

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