Henry Schein Reports Record Non-GAAP Fourth-Quarter and Full-Year 2021 Financial Results

Mr. Brodersen has 30 years of animal health sales and marketing leadership experience
December 22, 2021 06:10 PM Eastern Standard Time
EAST BRUNSWICK, N.J.--( BUSINESS WIRE )--Cronus Pharma LLC, a fully integrated research & development, manufacturing and marketing animal health pharmaceutical company, announced Mr. Todd Brodersen has joined as Senior Director of Sales & Marketing. Mr. Brodersen has thirty years of animal health industry experience. Prior to joining Cronus for the past thirteen years, Mr. Brodersen served as President and Founder of Same Page Consulting, Inc., spearheading consulting, marketing, and business development projects with many leading animal health manufacturers and distributors. He has extensive knowledge of the animal health market including, sales, marketing, data analytics, distribution channels, market penetration strategies, and practice management. Mr. Brodersen has helped to brand, launch and grow both products and companies including Animalytix, Avimark, Boehringer Ingelheim, Henry Schein (Covetrus), HorsePower Technologies, Impromed, Merck Animal Health, Pawdentify, Thomas Labs, among others. Cronus is proud to welcome Mr. Brodersen to the executive team. “We could not be more excited to have Mr. Brodersen lead our sales and marketing team as Cronus enters the next stage of our growth in becoming a preeminent U.S. animal health pharmaceutical company”, said Mr. Edward Neugeboren, Chief Strategy Officer. He added, “Todd is a proven venerable sales and marketing executive with decades of experience where he formed extensive relationships with customers across the animal health industry.”
Mr. Brodersen began his career in the animal health industry in 1991, where he spent the first 15 years of his career with Professional Veterinary Products (PVP) as Director of Marketing. Since then he has led development teams, trained inside and outside sales teams for major distributors, and launched many successful products, services, and companies. Mr. Brodersen created and launched Business Builder, a proprietary marketing platform, as a primary deliverable from Same Page Consulting to many leading animal health distributors including Professional Veterinary Products, Patterson, and Midwest Veterinary Supply. Mr. Brodersen also helped create and launch Intelligent Inventory, a Covetrus product. While at PVP, Mr. Brodersen led the development and market penetration team to create and launch Vets First Choice, who went on to merge with Henry Schein Animal Health forming Covetrus. Mr. Brodersen is a certified sales trainer in PAR and DiSC and has trained many sales teams and executives within the animal health industry over the past thirty years. About Cronus Pharma
Cronus Pharma is an emerging privately held veterinary pharmaceutical company headquartered in East Brunswick, New Jersey, dedicated to providing innovative and cost effective pharmaceuticals to the animal health market. Our team of seasoned industry professionals have been intimately involved in the establishment and growth of several pharmaceutical manufacturing and distribution firms in both the human and animal health pharmaceutical industry. Through our in house R&D and acquisitions, Cronus has an extensive product portfolio of 59 approved products and additional products in development serving the companion and food producing animal health markets. We recently built a new manufacturing facility located in Hyderabad, India with broad capabilities including solid oral dose, sterile injectables and cephalosporins. Our products are available to veterinarians and pet owners nationwide through national and regional distributors. Additional information is available at www.cronuspharmausa.com . Contacts

Cronus Pharma Hires Todd Brodersen as Senior Director of Sales &amp; Marketing

The next step in the company’s strategic plan, as well as swift moves to address regional pressures
Accelerating into 2022, in accordance with the company’s three-year strategic plan, with a new Northern European leadership team and reset for the company’s German and U.K. businesses
Continuing to organize the company’s International business around the customer and operate as an increasingly customer-centric organization
Creating a DACH headquarters in Dusseldorf, Germany to concentrate strengths of Germany, Austria and Switzerland-based teams along with the company’s other Central European locations
Driving efficiencies to strengthen International commercial capabilities and competitive advantage and accelerating the value creation for all stakeholders
December 21, 2021 08:00 AM Eastern Standard Time
PORTLAND, Maine--( BUSINESS WIRE )--Covetrus® (Nasdaq: CVET), a global leader in animal-health technology and services, today announced a new organizational structure within Northern and Central Europe to execute the company’s three-year strategy, deliver operational efficiencies, and better enable the company’s combined commercial teams to service their customers and provide a reset for the German and U.K. businesses. Earlier this year, Covetrus announced the hiring of András Bolcskei as Covetrus’ first president of International. Mr. Bolcskei was charged with bringing all commercial teams outside of North America together, and today’s announcement advances that plan. Key changes include the development of a new International leadership team and a concerted focus within the U.K. and German businesses, an anticipated element of the company’s strategic plan, as well as an immediate and strong reaction to recent pressures within those two regions. Covetrus Germany will move its DACH headquarter from Hamburg to Düsseldorf. Effective April 1, 2022, Covetrus’ Düsseldorf location will create the DACH hub for the company under the leadership of Dr. Andreas Tschuor and will restrengthen its commercial capabilities, service to customers and competitiveness within the German market. In addition, the proximity of Düsseldorf to two other Covetrus regions (Belgium and the Netherlands) will enable and lead to increased efficiencies and operational excellence within those regions’ commercial teams. The company will close its Hamburg office on March 31, 2022. Employment contracts tied to Hamburg will be discontinued, and employees will be offered the choice to continue employment with unchanged conditions in the new Düsseldorf office on April 1, 2022. Development of a new leadership team to drive the company’s International Business. Effective January 1, 2022, and similar to the structure adopted in the U.S. earlier this year, the U.K. commercial and the Global Technology Solutions (GTS) teams, and the U.K. & Europe sales teams will come under one, unified commercial leadership, led by Loic Jegou, Country Manager and VP, Northern Europe. Mr. Jegou joined Covetrus last month with 18 years of experience in the animal health pharmaceutical business at Pfizer and MSD Animal Health. The U.K. business will increase service to U.K.-based customers through an extended focus of the company’s “One Face to Customer” approach. Additionally, in keeping with a true International approach, Australia and New Zealand are adopting the same go-to-market strategy, and the GTS sales team within the APAC region will report directly to Simon Hellams, VP, APAC. Covetrus is uniquely suited, within the animal health industry, to meet their customers’ overall needs with a single point of contact due to Covetrus’ expansive product and service offering and breadth of capabilities. “These moves position Covetrus to win for our European customers and win for our global business,” said Ben Wolin, President & CEO. “I have absolute confidence in our ability to drive our strategy, win back our position within the German and U.K. markets, drive greater outcomes for our customers and the animals they care for … and drive success for all our teams and stakeholders.”
About Covetrus
Covetrus is a global animal-health technology and services company dedicated to empowering veterinary practice partners to drive improved health and financial outcomes. We are bringing together products, services, and technology into a single platform that connects our customers to the solutions and insights they need to work best. Our passion for the well-being of animals and those who care for them drives us to advance the world of veterinary medicine. Covetrus is headquartered in Portland, Maine with more than 5,500 employees serving over 100,000 customers around the globe. For more information about Covetrus visit https://covetrus.com/ . Forward-Looking Statements
This press release contains certain statements that are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and that involve risks and uncertainties, including statements about our plans, objectives, expectations, and intentions. Such statements are subject to numerous risks and uncertainties. Factors that could adversely affect our business and prospects are set forth in our public filings with the Securities and Exchange Commission. Our forward-looking statements are based on current beliefs and expectations of our management team and, except as required by law, we undertake no obligations to make any revisions to the forward-looking statements contained in this release or to update them to reflect events or circumstances occurring after the date of this release, whether as a result of new information, future developments or otherwise. Investors are cautioned not to place undue reliance on these forward-looking statements. Contacts

Covetrus Announces New Structure, Focus and Strength within Europe

Levine will oversee GlobalVetLink's revenue program
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AMES, Iowa, Nov. 30, 2021 /PRNewswire/ -- Daniel Levine has joined animal health compliance software company GlobalVetLink as Chief Revenue Officer (CRO), where he will oversee the company's revenue program. "With the accelerating emphasis on food chain and general animal health compliance at the state, federal and international level we are taking this opportunity to strengthen our executive team as we prepare for our next phase of rapid growth," said Gary Ambrosino, CEO of GlobalVetLink. "Daniel is the top sales executive in the industry and his extensive experience in scaling businesses will help us rapidly expand our reach." Daniel Levine has joined animal health compliance software company GlobalVetLink as Chief Revenue Officer. Levine has over 10 years of experience in managing sales and marketing teams in leading animal health and pharmaceutical companies. Previously, Levine served as National Sales Director of Technology at Covetrus. Prior to that he held a number of senior sales management positions at Covetrus, Vets First Choice, and Roadrunner Pharmacy. On his new role, Levine said, "I am excited to work with this outstanding team at GlobalVetLink. GVL is already the "TurboTax" for animal health compliance and with the addition of vaccine efficacy workflow capabilities and advanced analytics for disease tracking, we are well positioned to make animal health care much more effective and easier to deliver." About GlobalVetLink
GlobalVetLink is the leading animal health compliance platform. GVL's Compliance Assistant suite of SaaS products automates the compliance workflow for veterinarians and practice staff in companion animal, production, and equine practices. The GlobalVetLink platform creates, verifies, and electronically files documents with state, federal, and international regulatory agencies. Advanced analytics and tracking capabilities enable pharmaceutical companies, food production companies, and import/export agencies to track animal health and movement, identify and forecast disease occurrence, and manage vaccine efficacy and distribution. The GVL platform is the first in animal or human healthcare to implement a completely portable healthcare record based on the blockchain. SOURCE GlobalVetLink

12:57 ET
Daniel Levine Joins GlobalVetLink as Chief Revenue Officer

Tech Moves: Bill-Gates backed Kymeta adds new co-CEOs; ex-Zillow exec joins Roofstock board
September 10, 2021 at 7:29 am
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Tech Moves covers notable hires, promotions and personnel changes in the Pacific NW tech community. Submissions: tips@geekwire.com
Chloe Harford. (Photo courtesy of Chloe Harford)
— Former Zillow and OfferUp executive Chloe Harford joined the board of directors at Oakland, Calif.-based Roofstock . She also currently serves on the board of Seattle real estate startup JetClosing. “I was attracted by the team’s deep industry expertise, the innovative data-fueled tech platform and marketplace they have built,” said Harford in a press release . Roofstock is a fintech company that allows individuals to invest in single family rental homes. The company recently acquired property management platform Great Jones and has raised $133 million in total funding to date. From left: Walter Berger and Doug Hutcheson. (Kymeta Photos)
 — Redmond, Wash.-based Kymeta announced Walter Berger and Doug Hutcheson as co-CEOs of the Bill Gates-backed mobile connectivity company. Berger was most recently president, a title he will retain, and COO. Hutcheson has served as Kymeta’s executive chairman since 2019 and will continue in that role along with his new responsibilities. Rendered.AI CEO Nathan Kundtaz previously served as Kymeta’s CEO, however the role remained vacant after his departure in 2018. Kymeta also this week announced a partnership OneWeb to test mobile satellite broadband service. Todd Haedrich. (Optimize Health Photo)
— Seattle health tech startup Optimize Health has hired Todd Haedrich as CEO. Haedrich, based in Portland, Maine, was previously an executive at Covetrus and athenahealth. Co-founder and former CEO Jeff LeBrun will become chief strategy officer and retain his position as executive chairman. Founded in 2015, Optimize sells an end-to-end monitoring service used by customers including independent practices, hospital systems, and more. It raised $15.6 million in September 2020 and hired three other new executives in August. — Convoy CEO Dan Lewis joined the advisory board of Bellevue, Wash.-based startup CityBldr. Founded in 2016, CityBldr makes software that analyzes zoning and land data to assess properties redevelopment potential. Earlier this year it added a tool to identify potential sites for affordable housing . He was most recently VP and CTO at Genesis Engineering Solutions and previously spent 13 years at NASA. Xplore is developing satellites for interplanetary missions. Richards will lead the team building Xcraft, the commercial space company’s low earth orbit satellites. Aylin Caliskan. (UW Photo/ Doug Parry)
— AI researcher Aylin Caliskan joined the University of Washington’s new Responsible AI Systems and Experiences team . The group researches “how intelligent information systems interact with human society” including methods to detect bias in machine learning and AI. Caliskan was most recently an assistant professor at The George Washington University. She has her doctorate in computer science from Drexel University and a masters in engineering focused on robotics from the University of Pennsylvania. — Lisa Kalscheur is now chief marketing officer at Notarize, an online notary platform. She was previously CMO at Kibo Commerce and Monetate. Notarize is primarily remote with headquarters in Boston. Kalscheur will remain based in Seattle. — Planetary scientist Alex Parker joined the SETI Institute as a research scientist based on Whidbey Island in Washington state. He was most recently a principal scientist at the Southwest Research Institute. A private nonprofit, the SETI Institute’s mission is to understand the origin of life in the universe. — The Bellevue Chamber announced Mutual Materials CEO Kendall Anderegg as the business organization’s new chair and added nine new board members . — Andrea Buckmeier is now vice president of marketing for the Seattle Kraken, the city’s NHL expansion team. She was most recently director of integrated marketing at REI and previously spent more than a decade at Starbucks in a variety of marketing roles. The Seattle Kraken will play its inaugural game on Oct. 12 and first home game at Amazon-sponsored Climate Pledge Arena on Oct. 23. — Steve Sandmeyer , a former sports and entertainment consultant at Google, joined Data Skrive as director of relationship development. The Seattle startup’s automated sports content platform is used by the Associated Press and university athletic departments. Message from the Underwriter
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Tech Moves: Bill-Gates backed Kymeta adds new co-CEOs; ex-Zillow exec joins Roofstock board

AAAS

Ikaria

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IDEXX Laboratories

State of Maine

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Covetrus is an animal health technology and services company. It is based in Portland, Maine.

Date
Round	Other Investors
Amount
Investors	Mountain Group Partners
Valuation
Revenue	0 FY undefined
Sources

First funding
Last Funding
Investor	Mountain Group Partners
Rounds	1 Other Investors
Board Seats
Type	Venture Capital
Location	Tennessee

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