Swedencare acquires US-based Vetio

1 July 2021

Expanding Swedencare's reach in the dynamic Animal Health (AH) market

Vetio Animal Health: North America's premiere CDMO dedicated exclusively to the global Animal Health industry

Vetio's Vision is to become the leading global CDMO in Animal Health

Staying true to our Mission

Delivering our Value Proposition

Vetio's Mission

The development and manufacturing of products that improve the lives of animals, while ensuring the safety, quality, and compliance of the products to the highest industry standards.

Actualizing Animal Health

As a Contract Development and Manufacturing Organization (CDMO) dedicated to Animal Health, we integrate product development with full-scale manufacturing through a Quality by Design-based process. Vetio is your single-source partner for successful product approval, commercialization, and ongoing supply.

Four pillars of service from pre-formulation through commercial manufacturing

Product Development

Technical Services

Analytical Services

Contract Manufacturing

Pharmaceutical Development & Manufacturing Montreal, QC, Canada

Product

Development

Technical

Services

Vetio North

Analytical

Services

Contract

Manufacturing

  • Veterinary Drug Development and Manufacturing, solid dose and non-sterile liquids
  • Analytical Services
    • Stability (7 reach-in and 3 walk-in chambers)
    • Method development & Release testing
  • 45k sq. ft. facility with 40 employees

Global Leader in OTC Liquid Topicals Jupiter, FL, USA

Product

Development

Vetio South

Contract

Manufacturing

  • Development and manufacturing of OTC dermatology liquids and liquid supplements
  • Experienced in-house product and analytical development including micro and stability
  • 40k sq. ft. manufacturing facility with 110 employees producing >14M units annually

Favorable industry dynamics creating increased demand for Animal Health Drug Development & Manufacturing

Favorable Tailwinds

  • Increased # of pet adoptions and continued pet humanization trend
  • Top 20 Animal Health firms CAGRs 5-10%
  • Growth across all channels (Vet clinics and Online/DTC)
  • Relatively low market share of generic drugs
  • M&A leading to reshuffling of product portfolios

Greater R&D Spending

  • R&D spending as much as 10% of sales at several Animal Health firms
  • Attractive returns on investment to build files
    • Both pioneer and generic drugs
    • Dry Powder available for investors to enter the market
  • Unmet therapeutic needs (often where there is a human drug for cross-over)

Why Vetio

  • Outsourcing Trend to CDMOs
  • Established track record of developing both innovative & generic drugs through agency approval
  • One of the only true CDMOs dedicated to Animal Health
  • Capabilities, Compliance, and Concentration on Animal Health

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Swedencare AB published this content on 01 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 July 2021 15:43:03 UTC.