These statistics help drive our mission to provide lower cost, high quality pharmaceuticals for the care of animals.
- 63% of U.S. household has at least one pet; there are ~75 million dogs and ~88 million cats
- 77% of dogs and 53% of cats have been medicated in the past year (2007)
- 86% of CVM approved animal drugs do not have a generic version
- Comparison to the human market: Of the top 20 human drugs that lost patent protection between 2005 and 2007, 100% went generic; of the top 20 veterinary companion animal drugs during the same time frame, only 20% went generic
- Pet owners pay out-of-pocket for medications; less than 2% of pet owners have pet insurance
- Pets are living longer and experiencing health issues associated with old age that require chronic medications (arthritis, kidney disease, metabolic disorders)
- The AGDUFA legislation marks the beginning of a new era for animal health. Much as generics have changed the face of human healthcare—making drugs more affordable for Americans—the timely availability of animal generics will allow pet owners access to lower cost medications so they can treat their pets that are considered members of the family
- In the United States, food animals comprise 47% of the animal health business, companion animal 43% and equine 10%
- There are nearly 100 million cattle, 65 million pigs, and billions of chickens and turkeys in the United States
- Beef is the number one protein in America according to USDA consumption data. Yearly per capita beef consumption in 2004 was 66.3 pounds