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Vetoquinol
Vetoquinol

-4.91%

Healthcare & biotech / Animal Health and Pharmaceuticals

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Overview
Vetoquinol is a leading international animal health company that develops, manufactures and markets a wide range of veterinary products and services for pets and livestock. The company was founded in 1933 by Joseph Frechin, a pharmacist, in Lure, France. Today, Vetoquinol has a presence in more than 100 countries, with employees in over 20 countries.
Products
Vetoquinol offers a wide range of products for both companion animals and livestock. These products include medicines, supplements, vaccines, and other health and hygiene products such as shampoos and ear cleansers. Some of their best-known products include Flexadin Advanced joint supplements, Clavaseptin antibiotics, and Bronchi-Block cough syrup for dogs and cats.
Services
In addition to their products, Vetoquinol also offers a range of services for veterinarians and pet owners. These include training and educational programs, technical support, and tools for managing pet health records. They also provide nutritional expertise and customized feeding plans for livestock producers. Additionally, Vetoquinol offers support for veterinary clinics, such as marketing materials and practice management resources.
Research and Development
Vetoquinol places a high emphasis on research and development to continually improve and expand their product offerings. The company’s R&D efforts are focused on identifying and developing innovative solutions for animal health, with an emphasis on sustainability and reducing the use of antibiotics in livestock production.
Sustainability
Vetoquinol is committed to environmental sustainability and has set ambitious goals to reduce their environmental impact. This includes using recyclable materials for their packaging, reducing their carbon footprint, and promoting eco-friendlier practices throughout their supply chain.
Community Involvement
Vetoquinol also has a strong commitment to giving back to the communities in which they operate. They have partnered with nonprofit organizations to fund veterinary clinics in underserved areas, support animal welfare initiatives, and promote responsible pet ownership. The company also encourages employees to participate in community service and volunteer opportunities.
What is special about the company?
1. Global Presence: Vetoquinol is a global company with a presence in over 25 countries and sales in more than 100 countries. This allows them to reach a wide range of customers and provide their products to a diverse market.
2. Focus on Animal Health: Vetoquinol is dedicated solely to the health and well-being of animals. They do not produce or sell any human pharmaceutical products, allowing them to focus all of their efforts and resources on developing and providing high-quality animal health products.
3. Strong Research and Development: Vetoquinol has a strong commitment to research and development, investing around 9% of their annual turnover into new product development. This allows them to stay at the forefront of innovation and provide cutting-edge solutions to animal health issues.
4. Comprehensive Product Range: The company offers a comprehensive range of animal health products, including pharmaceuticals, vaccines, supplements, and care products for all types of animals, including companion animals, production animals, and horses.
5. Environmentally Friendly: Vetoquinol is committed to sustainable and environmentally responsible practices. They have implemented various initiatives, such as reducing waste, implementing energy-saving practices, and using environmentally friendly packaging.
6. Strong Quality Control: The company has strict quality control procedures in place to ensure the safety and efficacy of their products. They also adhere to international regulations and standards, such as Good Manufacturing Practices (GMP) to ensure the highest quality products.
7. Company Values: Vetoquinol operates based on strong ethics and values, including teamwork, professionalism, and customer focus. They value the well-being of animals and strive to improve their lives through their products.
8. Continuous Growth: Despite being in the market for over 80 years, Vetoquinol continues to grow and expand its product offerings and global presence. This demonstrates their long-term commitment to the animal health industry.
9. Education and Training: The company offers educational resources and training programs for veterinarians and other animal care professionals to promote the proper use of their products and improve animal health outcomes.
10. Social Responsibility: Vetoquinol is committed to giving back to society and supporting various charitable organizations and initiatives related to animal health and welfare. This demonstrates their commitment to being a responsible corporate citizen.
What the company's business model?
Vetoquinol is a global animal health company that specializes in developing, manufacturing, and distributing animal health products and services. Their business model is focused on offering a comprehensive portfolio of products and services to effectively help improve the health and well-being of animals.
Vetoquinol’s business model can be broken down into three main components:
1. Research and Development: Vetoquinol invests heavily in research and development to create innovative products and solutions for the veterinary market. This includes working with leading veterinarians, universities, and research institutions to stay at the forefront of new developments in animal health.
2. Manufacturing and Distribution: Vetoquinol has a network of manufacturing facilities and distribution centers around the world to ensure efficient production and timely delivery of their products. They also have partnerships with third-party distributors to reach a wider customer base.
3. Customer Relationships: Vetoquinol values their relationships with veterinarians, farmers, pet owners, and other animal health professionals. They provide educational resources, training, and support to help these customers effectively use their products and improve animal health.
In addition to these core components, Vetoquinol also focuses on sustainability and social responsibility in their business model. This includes implementing eco-friendly practices in their manufacturing processes and supporting animal welfare initiatives.
Overall, Vetoquinol’s business model is built on continuous innovation, quality products, and strong customer relationships to drive growth and success in the animal health industry.
Interesting facts about the company
1. Vetoquinol was founded in 1933, making it one of the oldest pharmaceutical companies in the animal health industry.
2. The name Vetoquinol comes from the combination of the Latin words “veto” and “quinol,” which means “I forbid” and “chemical compound,” respectively.
3. The company was originally founded by Joseph Frechin, a French pharmacist who developed a line of veterinary products.
4. Vetoquinol is headquartered in Lure, France, and has over 2,000 employees worldwide.
5. The company has a presence in over 100 countries and is one of the leading animal health companies in Europe and Canada.
6. Vetoquinol offers a wide range of products for companion animals, livestock, and horses, including pharmaceuticals, vaccines, nutritional supplements, and dermatological and dental products.
7. The company has a strong commitment to innovation, investing around 9% of its global sales in research and development every year.
8. Vetoquinol’s research and development center, located in Lure, France, is one of the largest and most advanced veterinary research facilities in Europe.
9. In addition to its own products, Vetoquinol also distributes products from other companies, including Hill’s Pet Nutrition, Nutramax Laboratories, and Zoetis.
10. The company is dedicated to sustainability and has implemented several initiatives to reduce its environmental impact, including using renewable energies, reducing waste, and promoting sustainable sourcing.
11. Vetoquinol is also committed to animal welfare and regularly supports animal shelters and organizations that work to improve the well-being of animals.
12. In 2014, Vetoquinol acquired Dr. Böhm, a German company specializing in nutritional supplements for animals, further expanding its product portfolio.
13. Vetoquinol is listed on the Euronext Paris stock exchange and is one of the top-performing companies in the CAC Small stock market index.
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