TheraVet Unveils Its Development Strategy to Address the Equine Market
07 Mai 2024 - 7:30AM
Business Wire
- Positioning focused on competition horses, a highly dynamic
market correlated with the more than $400 billion sport betting
market
- Answer to the main indications affecting competition horses
provided by the BIOCERA-VET® and VISCO-VET® ranges
- New therapeutic solutions dedicated to equine competition to be
launched by 2027
Regulatory News:
TheraVet (ISIN: BE0974387194 - Ticker: ALVET), a pioneering
company in the management of osteoarticular diseases in pets,
announces the deployment of its range of solutions in the highly
dynamic competition horse segment.
Following the launch in March 2024 of two BIOCERA-VET®
references specially adapted to equine applications, TheraVet now
intends to position itself as the reference in the osteoarticular
disease treatments in horses dedicated to competition, a worldwide
population of 12 million animals. Equine competition is an
important part of the global betting industry, a market valued at
$402 billion in 2022, which is expected to grow by ~8.9% a year
between now and 20301, topping the $790 billion.
The BIOCERA-VET® Equine range and the VISCO-VET® program
currently under development ensure to TheraVet a unique position in
the treatment of the main indications affecting these animals. For
example, thanks to its properties required for cementoplasty
(high injectability, easy handling, high radiopacity, strong
cohesiveness and fast self-setting), BIOCERA-VET® Equine enables
the minimally invasive treatment of subchondral bone cysts, whose
presence has a negative impact on the auction price by causing
lameness and poor performance.
With the support of specialist equine orthopedic surgeons,
TheraVet's solutions have so far been used to treat 19 cases of
subchondral bone cysts and maxillofacial and dental problems. These
ongoing clinical evaluations are designed to reinforce
BIOCERA-VET®'s position as the preferred, and in fine,
first-line treatment option for equine bone cysts,
osteoarticular diseases and dental problems affecting competition
horses.
TheraVet plans to enrich its range of products dedicated to
competition horses with several launches between now and 2027,
including BIOCERA-VET® OSTEO, with its enhanced osteo-inductive
properties, NUTRA-VET®, a range of high-performance nutraceuticals,
and VISCO-VET® Equine, an equine version of the visco-regenerating
gel currently being developed by TheraVet to treat osteoarticular
diseases as well as tendon and ligament injuries.
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.
For more information, visit the TheraVet website or follow us on
LinkedIn / Facebook / X.
About BIOCERA-VET
In close collaboration with an international scientific board,
THERAVET has developed a new line of calcium-phosphate and
biological bone substitutes, BIOCERA-VET®. BIOCERA-VET® is a full
range of innovative, easy-to-use, efficient & cost-effective
bone substitutes indicated in bone surgeries where a bone graft is
required and as a palliative alternative in the management of
canine osteosarcoma. Based on extremely promising clinical results,
this line offers the possibility of a better, more convenient and
more efficient orthopedic surgery:
- BIOCERA-VET® BONE SURGERY RTU, a ready-to-use highly injectable
self-hardening calcium-phosphate cement
- BIOCERA-VET® SMARTGRAFT, a naturally osteoconductive bone
graft
- BIOCERA-VET® GRANULES, an affordable biocompatible
calcium-phosphate bone substitute
- BIOCERA-VET® OSTEOSARCOMA RTU, a ready-to-use highly injectable
calcium-phosphate bone substitute for cementoplasty
- BIOCERA-VET® COMBO-CLEAN, a local and long-lasting antibiotic
delivery calcium-phosphate bone substitute
For more information, visit BIOCERA-VET website.
___________________________________ 1 Zion Market Res. 2023
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version on businesswire.com: https://www.businesswire.com/news/home/20240506165325/en/
TheraVet Chief Operating Officer Sabrina Ena
investors@thera.vet Tel : +32 (0) 71 96 00 43
NewCap Investor Relatioons and Financial Communications
Théo Martin / Nicolas Fossiez theravet@newcap.eu Tel : +33 (0)1 44
71 94 94
Press Relations Arthur Rouillé theravet@newcap.eu Tel : +33 (0)1
44 71 00 15
NewCap Belgium Press Relations Laure-Eve Monfort
lemonfort@newcap.fr Tel : + 32 (0) 489 57 76 52
TheraVet (EU:ALVET)
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