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TRUPANION, INC.

(TRUP)
  Report
Delayed Nasdaq  -  04:00 2022-09-23 pm EDT
59.29 USD   +0.73%
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Putting Nutrition to the Test: Trupanion and Rayne Clinical Nutrition Join Forces

04/22/2019 | 01:26pm EDT

SEATTLE, April 22, 2019 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leader in medical insurance for cats and dogs, and Rayne Clinical Nutrition, a provider of therapeutic diets for pets, have announced the start of a new partnership.

“We’re eager to understand if feeding a high quality diet will have a better health outcome for a pet,” said Darryl Rawlings, chief executive officer/founder of Trupanion. “That’s why we’re proud to partner with Rayne Clinical Nutrition.”

Trupanion’s medical insurance for cats and dogs helps pet owner’s budget if/when their pet becomes sick or injured. Rayne works with veterinary nutritionists and vet specialists to produce specific therapeutic diets to help cats and dogs. Rayne’s current therapeutic diets are formulated and manufactured to aid in the treatment of a variety of conditions.

“Our partnership with Trupanion will be strong because we share so many values, including our commitment to veterinarians,” said John Phelps, chief executive officer/founder of Rayne. “We want to ensure that pets’ nutritional requirements are being met for longer, healthier lives.”

For more information on Rayne Clinical Nutrition, visit raynenutrition.com. For more information on Trupanion, visit trupanion.com.

About Trupanion
Trupanion is a leader in medical insurance for cats and dogs throughout the United States and Canada. For almost two decades, Trupanion has given pet owners peace of mind so they can focus on their pet's recovery, not financial stress. Trupanion is committed to providing pet owners with the highest value in pet medical insurance with unlimited payouts for the life of their pets. Trupanion is listed on NASDAQ under the symbol "TRUP". The company was founded in 2000 and is headquartered in Seattle, WA. Trupanion policies are issued, in the United States, by its wholly-owned insurance entity American Pet Insurance Company and, in Canada, by Omega General Insurance Company. For more information, please visit trupanion.com.

About Rayne Clinical Nutrition
Rayne is a diverse group of pet food professionals who have combined their expertise to develop Veterinary Nutrition Diets formulated with whole food ingredients to feed sick and healthy cats and dogs. Rayne is dedicated to producing the best diets available anywhere – and to provide a whole food ingredient based healthy option to traditional veterinary diets that use typical pet food ingredients. Our approach is straightforward and based on accepted science and veterinary practices of the last 50 years. Rayne services Canada and the U.S. For more information, please visit raynenutrition.com.

Media contact:
Scott Janzen
Trupanion
scott.janzen@trupanion.com

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© GlobeNewswire 2019
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Financials (USD)
Sales 2022 896 M - -
Net income 2022 -42,3 M - -
Net Debt 2022 - - -
P/E ratio 2022 -57,7x
Yield 2022 -
Capitalization 2 416 M 2 416 M -
Capi. / Sales 2022 2,70x
Capi. / Sales 2023 2,22x
Nbr of Employees -
Free-Float 88,7%
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Number of Analysts 9
Last Close Price 59,29 $
Average target price 85,00 $
Spread / Average Target 43,4%
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Managers and Directors
Darryl Rawlings Chief Executive Officer & Director
Margaret Tooth President & Chief Revenue Officer
Andrew Wolff Chief Financial Officer
Murray B. Low Chairman
Chris Cappelletti Chief Technology Officer
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