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Boehringer Ingelheim invests in China's pet care market
China's pet market is one of the fastest-growing markets in the world.
Move 'an important milestone' for the firm's business development. 

Boehringer Ingelheim has announced that it has acquired an equity stake in the New Ruipeng Group (NRP Group), a fast-growing business that offers digital and clinical pet services across China.

In a press release, Boehringer said the partnership with NRP Group will 'offer better solutions, quality advice and professional care to the growing number of pets and pet owners across China.'

Jean Scheftsik de Szolnok, a member of the board of managing directors with responsibility for Animal Health, said: “Improving the health of animals and humans is what drives us in Boehringer Ingelheim. Strong collaborations and partnerships have always been key to achieving this goal.

“Together with NRP Group and other partners we are looking forward to serving pet owners in China and contributing with our knowledge in areas such as disease understanding or training and education.”

China’s pet market is one of the fastest-growing markets in the world. According to data compiled by Euromonitor International, the Country now has the world’s largest dog and cat population of 188 million.

Rising incomes and urbanisation are thought to be the main reasons why pet ownership in China has become so popular. In turn, this has given rise to a new “pet economy” in which pet owners are said to be continually seeking integrated online and offline products, services and information about their animals.

Boehringer said the move marks 'an important milestone' for the firm's business development in China, adding  that it will continue to invest in China and 'make its contributions to people’s aspirations for integrated and innovative solutions for their pets'.

It continued: 'Boehringer Ingelheim remains fully committed to its current and future business partners, such as other clinics, veterinarians, distributors and animal health companies, and to expanding business opportunities with them. Both companies will continue to work independently according to their respective business models.'

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Defra shares new Sanitary and Phytosanitary guidance

News Story 1
 Defra has published guidance for the vet sector ahead of a proposed UK-EU Sanitary and Phytosanitary agreement.

The agreement, which will change the movement and trade of animals and related products, could see reductions in checks, paperwork and certification. As well as describing regulatory developments, the advice highlights the importance of animal ID, registration and traceability in disease control and other compliance arrangements.

The guidance can be found here. More detail is expected as negotiations progress. 

Click here for more...
News Shorts
Lords Committee opens Pet Parasite Medication inquiry

The House of Lords Environment and Climate Change Committee will launch its inquiry into Pet Parasite Medication (PPM) on Wednesday (3 June).

Focusing on treatments containing fipronil and imidacloprid, the inquiry will seek to understand distribution pathways and the impacts of PPM use and non-use on biodiversity and human health. It will also cover current regulation, monitoring, and the potential implications for pets and their owners.

The committee will hear evidence from environmental non-governmental organisations and research institutes. The public can follow the proceedings live on Parliament TV or in person in the Palace of Westminster.