Fountain Report Excerpts September 20, 2022

Fountain Report Excerpts
  1. The FDA recently advised Wedgewood Pharmacy that the agency will delay enforcing new industry guidance on compounding animal drugs until April 2023. The guidance, which affects medications compounded from bulk drug substances, was set to be enforced starting October 1. “We recognize that some pharmacies may need additional time to review the recommendations described in the guidance or make suggested changes to their processes, as well as to submit nominations for bulk drug substances for compounding office stock,” said Dr. Steven Solomon, director of the FDA’s Center for Veterinary Medicine.
  1. Rural veterinary clinics have been declining for decades, with large-animal practices accounting for less than 2% of U.S. private practices as of 2020 and mixed-animal clinics accounting for less than 6%, according to the AVMA. Low salaries are a big factor in turning away new graduates from these positions, according to Dr. Daniel Grooms, dean of Iowa State University’s College of Veterinary Medicine. He found in research that low wages for rural veterinarians compared to doctors in more populated areas, along with long hours and lack of mentorship opportunities, contributed to Iowa’s shortage of rural veterinarians. Debt is a major consideration for new graduates, but the amount of federal loan forgiveness available for rural veterinarians is limited and the application process is daunting, KCUR reports.
  1. The Australian Competition & Consumer Commission announced last week it won’t oppose Zoetis’ planned acquisition of Jurox. This comes after the commission accepted a court-enforceable commitment from Zoetis to divest Jurox’s intramammary product range, consisting of antibiotics for dry and lactating cows and treat sealants for cows. “Without the divestment, the proposed acquisition would combine the two largest suppliers of intramammary antibiotics for lactating cows, two of the four largest suppliers of intramammary antibiotics for dry cows and two of the three largest suppliers of treat sealants, likely resulting in higher prices for these products,” said ACCC commissioner Liza Carver.

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