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Zoetis Receives European Commission Marketing Authorization for Portela® (relfovetmab) to Alleviate Pain Associated with Osteoarthritis in Cats
Businesswire· 2025-10-29 12:30
Core Insights - Portela has become the first monoclonal antibody (mAb) therapy approved for a three-month dosing interval to alleviate pain associated with osteoarthritis (OA) in cats [1] Company Summary - The approval of Portela marks a significant advancement in veterinary medicine, particularly in the treatment of OA in felines [1] Industry Summary - This development highlights the growing trend in the animal health industry towards long-acting therapies, which can improve compliance and outcomes for pet owners and their animals [1]
Zoetis Inc. (ZTS) Could Launch First Long-Acting Anti-NGF Therapy for Cats in Q4 2025
Yahoo Finance· 2025-10-01 17:54
Core Insights - Zoetis Inc. is recognized as one of the best healthcare stocks to buy and hold for five years [1] - The company reported a 4% year-over-year revenue increase to $2.5 billion and a 15% rise in net income to $718 million for Q2 2025 [2] - Zoetis raised its full-year revenue forecast to between $9.45 billion and $9.6 billion, with adjusted earnings per share guidance of $6.30 to $6.40 [2] Financial Performance - Revenue for Q2 2025 reached $2.5 billion, marking a 4% increase compared to the previous year [2] - Net income rose by 15% to $718 million [2] - Companion animal product sales increased by 8%, driven by key products like Simparica Trio and treatments for pain and dermatology [2] Product Pipeline and Innovations - A significant milestone was achieved with a positive opinion from the European Medicines Agency for Portela® (relfovetmab), a monoclonal antibody for treating osteoarthritis pain in cats [3] - If approved, Portela® could provide up to three months of relief from a single injection, addressing a condition affecting approximately 40% of cats [3] - The anticipated approval from the European Commission is expected in Q4 2025 [3] Upcoming Events - The company will provide further updates on its financial and strategic outlook during the third-quarter earnings webcast scheduled for November 4, 2025 [4]
Zoetis Receives Positive Opinion from CVMP for Portela® (relfovetmab) to Alleviate Pain Associated with Osteoarthritis in Cats
Businesswire· 2025-09-12 16:09
Core Viewpoint - Zoetis is seeking approval for Portela, which would be the first long-acting anti-NGF monoclonal antibody therapy for cats, aimed at providing three months of osteoarthritis pain relief [1] Company Summary - Portela is designed specifically for cats, indicating a targeted approach in the veterinary pharmaceutical market [1] - The therapy's long-acting nature suggests a potential shift in how osteoarthritis pain is managed in felines, which could enhance the quality of life for affected animals [1] Industry Summary - The introduction of long-acting therapies in veterinary medicine reflects a growing trend towards innovative treatments for chronic conditions in pets [1] - This development may position Zoetis favorably within the animal health industry, particularly in the segment focused on pain management solutions [1]