Animal Pharm Podcast #17: Improved investment environment still needs specialized funds

摘要

Animal Pharm's most recent webinar highlighted the ongoing paucity of specialized investors in the animal health sector."Vets First Choice is the most noticeable example of that, followed by VetSource and Whistle. All three of those companies receivedaround 90 or more of venture capital funding in the pet health area. I think the rest of the industry is under-funded. On the livestock side, Antelliq was recently acquired by Merck."If you look at what has happened in the agricultural space, when Monsanto acquired The Climate Corporation for $1 billion - after that, we saw a huge amount of capital moving into this space and a lot of start-ups being set up."The Climate Corporation was a start-up founded in 2006. It focused on providing farmers with weather, soil and field data to optimize their crop yields. By 2013, Monsanto had swooped.