Veterinary antibiotics combat infections are caused by bacteria. Antibiotics are used for a variety of purposes in the farming of livestock, including therapeutic and prophylaxis or preventative treatment against a number of diseases. Antibiotics are also used in herd of flocks to promote growth. Antibiotic powders and tablets are fed to animals for increasing livestock production and nutrition level.
As of 2022, the global Veterinary Antibiotics Market is estimated to be valued at U.S$ 1.43 Billion and is expected to exhibit a CAGR of 3.8% during the yeas (2022-2030)
Top Companies in the Veterinary Antibiotics Industry:
1) Bayer AG
Bayer AG is a pharmaceutical and biotechnology company situated in Germany. It is one of the largest Pharma Company in the world. The headquarters are located in Leverkusen, North Rhine- Westphalia, Germany. The company was founded in the year 1863 by Friedrich Bayer. Bayer AG’s first ever manufactured product was acetylsalicylic acid. Since then it has manufactured many more products like heroin, phenobarbital, polyurethanes, however stopped producing them. The area of business is mainly healthcare products for consumers, agricultural chemicals.
In June 2021, Bayer AG completed the acquisition of Noria Therapeutics Inc. and PSMA Therapeutics Inc.
2) Sanofi S.A.
Sanofi S.A. is a multinational pharmaceutical company that engages in the research and development, of pharmacological products, in the prescription market. The firm cover therapeutic areas like Cardiovascular, central nervous system, diabetes, internal medicine. The company was founded in 973 and the headquarters are located in Paris, France. Products manufactured include Medications, Genetic drugs, Vaccines, Animal Health, etc.
In December, 2022 Sanofi expanded its collaboration with Innate Pharma, with Sanofi licensing a natural killer (NK) cell nagger program targeting B7H3 from Innate’s ANKET platform.
3) Zoetis Inc.
Zoetis Inc. is an American drug company. It is the world’s largest producer of medicine and vaccinations for pets and livestock. Zoetis was a subsidiary of Pfizer, the world’s largest drug maker. The company was founded in the year 1952, and the headquarters are located in Parsippany, New Jersey, U.S.
In June 2022, Zoetis completed the acquisition of Basepaws, a privately held genetics company.
4) Dechra Pharmaceuticals plc.
Dechra Pharmaceuticals Plc. is a company that develops and markets veterinary products. The company is listed in the London Stock Exchange and is a constituent of the FTSE 250 Index. Dechra was founded in the year 1997, and the headquarters are located in Northwich, England, U.K. It mainly sells pharmaceuticals for dogs, cats, equine and food producing animals.
5) Merck & C. Inc
Merck, is a pharmaceutical institution based in America. The company’s headquarters are situated in Rahway, New Jersey. The company gets its name from Merck Group that was established in Germany in the year 1668. In the year 2022 the company ranked 71st in the Fortune 500 companies list. And based on the revenues of 2021 it took the place as 87th in the Forbes Global 2000.
In September 2022, Merck announced its plans of acquiring Vence, a livestock management company, incorporating it within Merck Animal Health.
6) Eli Lilly and Company
Eli Lilly and Company is an American pharmaceutical company. The products manufactured are sold in approximately 120 countries. The company is known for its clinical depression drugs Prozac, Cymbalta, and its antipsychotic medication Zyprexa. The company was founded in the year 1876, and the headquarters are located in Indianapolis, Indiana. The company was founded by Eli Lily.
In October 2022, Eli Lilly completed the acquisition of Akouos Inc. a biotechnology company focusing on restoring and preserving hearing.
