TheraVet: Commercial Launch of BIOCERA-VET® in United Kingdom and Ireland
15 März 2022 - 07:30AM
Business Wire
- Commercial launch of BIOCERA-VET® product line in United
Kingdom and Ireland in accordance with the development plan
announced by the company
- Participation at the British Small Animal Veterinary
Association congress in Mancherster (UK) from 24 to 26 March 2022
to support the launch
Regulatory News:
TheraVet (ISIN: BE0974387194 - ticker: ALVET), a
pioneering company in the management of osteoarticular diseases in
companion animals, announces today the commercial launch of
BIOCERA-VET® - its new generation bone substitute for bone surgery
and for osteosarcoma - in the UK and Ireland.
After the launches in Belgium, France and The Netherlands in
2021, TheraVet is pursuing, as announced in its development plan,
its commercial expansion strategy.
TheraVet enters the third largest European market with more than
16 million of companions (dogs and cats) in UK. By targeting this
region, TheraVet is addressing a fast growing veterinary care
market with an expected CAGR of +9.5% up to 20261. In 2020, the
companion animal services market represented £6.2 billions, of
which £2.1 billions2 dedicated to veterinary care. With over 23%3
of companion animals covered by health insurance, the UK is one of
the countries with the highest coverage behind Sweden.
To optimize its commercial deployment, the company has also
launched in Ireland, a market that accounts for approximately 1
million companions.
In order to support the launch of its products, TheraVet will be
attending to the BSAVA (British Small Animal Veterinary
Association) congress, a world-class conference in small animal
veterinary medicine taking place in Manchester (UK) from 24 to 26
March 2022. This year, the conference will be also held in a hybrid
format, you can attend online by registering at this link.
About TheraVet SA
TheraVet is a veterinary biotechnology company specialising in
osteoarticular treatments for companion animals. The Company
develops targeted, safe and effective treatments to improve the
quality of life of pets suffering from joint and bone diseases. For
pet owners, the health of their pets is a major concern and
TheraVet’s mission is to address the need for innovative and
curative treatments. TheraVet works closely with international
opinion leaders in order to provide a more effective response to
ever-growing needs in the field of veterinary medicine. TheraVet is
listed on Euronext Growth® Paris and Brussels, has its head office
in Belgium (Gosselies) with a US subsidiary in Texas. For more
information, visit the TheraVet website Or follow us on LinkedIn /
Facebook / Twitter
_________________________________ 1
https://www.mordorintelligence.com/industry-reports/united-kingdom-veterinary-healthcare-market-industry
2
https://www.statista.com/statistics/463662/pet-care-market-value-in-the-united-kingdom-by-category/
3
https://www.grandviewresearch.com/industry-analysis/pet-insurance-market
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version on businesswire.com: https://www.businesswire.com/news/home/20220314005704/en/
TheraVet Chief Operating Officer Sabrina Ena
investors@thera.vet Tel: +32 (0) 71 96 00 43
Chief Corporate Officer Julie Winand investors@thera.vet
NewCap Investor Relations and Financial Communications
Théo Martin / Olivier Bricaud theravet@newcap.eu Tel: +33 (0)1 44
71 94 94
Press Relations Arthur Rouillé / Ambre Delval theravet@newcap.eu
Tel: +33 (0)1 44 71 00 15
NewCap Belgique Press Relations Laure-Eve Monfort
lemonfort@newcap.fr Tél. : + 32 (0) 489 57 76 52
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