Core Viewpoint - Zoetis Inc. emphasizes its leadership in animal health innovation, showcasing a robust R&D pipeline with 12 potential blockbuster candidates and a strategic focus on sustainable growth and shareholder value [1][2]. Industry Overview - The animal health market is projected to nearly double to approximately $90 billion by 2035, driven by factors such as rising pet ownership, increasing standards of care, and strong global demand for sustainable animal protein [2]. Company Pipeline and Innovation - Zoetis has a diversified R&D pipeline that includes therapies for chronic kidney disease, oncology, cardiology, osteoarthritis pain, and dermatology, with a balanced strategy aimed at geographic expansion and lifecycle innovation [2][3]. - The company is focusing on next-generation therapies for anxiety and metabolic diseases, including diabetes and obesity, which are part of its long-term pipeline [2]. R&D Model and Strategy - Zoetis employs a proven and risk-balanced innovation model that addresses significant unmet medical needs in animals, leveraging its scientific expertise and manufacturing capabilities to efficiently bring products to market [2]. - The company's R&D programs are built on a comprehensive understanding of disease biology, enhancing the likelihood of success in its innovation agenda [2]. Financial Performance and Market Opportunities - Zoetis is positioned for sustained top- and bottom-line growth, with a total addressable market opportunity exceeding $5 billion in emerging areas like chronic kidney disease, oncology, and cardiology [2][3]. - The company generated revenue of $9.3 billion in 2024, reflecting its strong market presence and operational capabilities [5].
Zoetis Highlights R&D Leadership and Long-Term Growth Opportunity at Innovation Webcast