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Zoetis Inc. (/zō-EH-tis/ [4]) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. [ 5 ] [ 4 ] [ 6 ] The company was a subsidiary of Pfizer , [ 7 ] the world's largest drug maker , but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company.
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In August 1997, Merial started as a joint venture between the animal health subsidiaries of Merck & Co. (MSD AgVet) and Sanofi-Aventis (Rhône-Mérieux). Merial became the animal health division of Sanofi, when Sanofi bought out Merck's 50% share of the joint venture.
My dogs haven't completely ruined the show, but I'm going with Zoetis, ticker is Z-T-S and Zoetis spun off from Pfizer back in 2013, but a fun fact, the company was actually founded in 1952. But ...
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Maropitant (INN; [3] brand name: Cerenia, used as maropitant citrate , is a neurokinin-1 (NK 1) receptor antagonist developed by Zoetis specifically for the treatment of motion sickness and vomiting in dogs. It was approved by the FDA in 2007, for use in dogs [4] [5] and in 2012, for cats. [6]
During a panel at the Fortune Future of Finance conference on Thursday in New York City, I asked Yanela Frias, EVP and CFO at Prudential Financial, Xihao Hu, CFO at TD Securities, and Wetteny ...