Dechra Pharma to acquire veterinary therapeutics company Invetx

Novo Holdings A/S, an international life sciences investor, has announced that its portfolio company, Invetx, will be acquired by Dechra Pharmaceuticals PLC, an international veterinary pharmaceuticals business, for up to $520 million in total consideration on a cash-free, debt-free basis. Invetx creates novel, protein-based animal health therapeutics to transform standards of care in veterinary medicine. With its best-in-class, fully integrated discovery development and commercial manufacturing platform, Invetx leverages biotechnologies validated for human health to create...

US court to decide if failure to put dying pet down is cruelty

This is a case that pet owners around the world would be keenly watching. The Supreme Judicial Court of Massachusetts in the United States is considering whether failure to euthanize a dying pet should be a crime. Mary Ann Russo from Weymouth in Massachusetts took her 14-year-old dog, Tipper, to an animal hospital twice in 2020 after discovering he had a large tumour. A veterinarian there recommended that Tipper be put to sleep, but Russo...