3 Opportunities in the Animal Health Space
Overview
Companies are starting to take notice of the increasing numbers of pet owners prepared to invest in their pets' health. Driving much of this growth is a secular shift referred to as the "humanization of pets," where pets are viewed as members of their pet owners' families. The animal health industry is structurally more attractive than the human health industry due to superior growth, less regulation, less costly research and development projects, and lack of third-party payers. It is a booming industry and has three investment opportunities that capitilize on its durable growth characteristics.