Fountain Report Excerpts Nov 19, 2024

Fountain Report Excerpts
  1. Phibro Animal Health Corporation announced the successful completion of its acquisition of the medicated feed additive product portfolio and certain water-soluble products from Zoetis Inc.
  1. For Year to Date through week ending November 9, 2024, revenue growth is at +3.4% net growth versus YTD 2023 for the ~3,000 reporting practices. Reported YTD revenue growth is positive for all census divisions.
  1. The starting pay for new veterinary school graduates who accepted a full-time job averaged about $130,000 in 2024, and established veterinarians earned a mean salary of about $150,000. The American Veterinary Medical Association also reported that among new graduates, 60.4% entered full-time employment, 27.9% advanced education (internship, residencies, advanced degree), and 6.1% had no offers.

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