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Zomedica Corp - ZOM STOCK NEWS

Welcome to our dedicated page for Zomedica news (Ticker: ZOM), a resource for investors and traders seeking the latest updates and insights on Zomedica stock.

Overview

Zomedica Corp (NYSE American: ZOM) is an innovative veterinary healthcare company dedicated to enhancing animal health through advanced diagnostic and therapeutic solutions. Specializing in point-of-care technologies for companion animals and equines, the company offers a robust portfolio designed to address the unmet needs of clinical veterinarians and improve practice efficiencies. With a focus on novel diagnostic platforms and non-invasive therapeutic devices, Zomedica empowers veterinary professionals to lower operating costs, increase productivity, and ultimately deliver superior patient care.

Product Portfolio and Technological Innovations

Zomedica's offerings include an array of cutting-edge products that integrate advanced imaging, automated diagnostic capabilities, and innovative therapeutic modalities. The company is renowned for its TRUFORMA diagnostic platform, a system that utilizes proprietary sensor technologies for accurate and rapid testing. Alongside this, its digital cytology system and remote monitoring solutions enhance the precision of diagnoses and clinical decision-making. Additionally, Zomedica’s novel therapeutic devices are designed to accelerate healing processes and minimize patient discomfort through non-invasive methods.

Market Position and Competitive Edge

Operating within the broader veterinary health industry, Zomedica has established a strong market position by addressing both clinical and business challenges faced by veterinarians. The company differentiates itself with a deep commitment to research and development, leveraging the insights of practicing veterinary professionals to tailor its product suite. This focus on innovation has allowed Zomedica to not only meet the growing demand for efficient, point-of-care diagnostic tools but also to set new operational standards across veterinary practices. Its comprehensive solutions enable veterinarians to conduct tests quickly and accurately, thereby reducing turnaround times and enhancing patient care.

Operational Excellence and Global Reach

Headquartered in Michigan, Zomedica operates from world-class manufacturing and distribution facilities that underscore its commitment to quality and efficiency. With manufacturing operations in key U.S. regions, the company ensures consistent delivery of high-quality products to its domestic and international markets. Zomedica's strategic partnerships in various regions further complement its mission of expanding access to advanced veterinary care globally. The company’s investments in cleanroom technologies and automated production lines not only enhance manufacturing capacity but also streamline logistics and distribution processes.

Benefits to Veterinary Practices

The integrated solutions offered by Zomedica are specifically designed to improve the workflow and profitability of veterinary practices. By automating complex diagnostic procedures and providing rapid, lab-quality results at the point of care, the company enables veterinarians to focus on delivering improved patient outcomes. Enhanced diagnostic speed, reduced operational costs, and increased efficiency are key factors driving the widespread adoption of Zomedica’s technologies in veterinary clinics across varied market segments.

Commitment to Innovation and Quality Care

Underpinned by the insights of industry experts and built on robust scientific research, Zomedica remains committed to continuous improvement in veterinary care. The company’s strategic focus on innovation, combined with its rigorous quality control measures, supports a wide spectrum of diagnostic and therapeutic applications. This dedication not only bolsters the confidence of veterinary professionals in adopting its technologies but also reinforces the company’s reputation for excellence, expertise, and trustworthiness in the veterinary healthcare industry.

Conclusion

Zomedica Corp stands out as a pioneering force in the veterinary health sector by delivering comprehensive, technology-driven solutions that enhance both clinical outcomes and practice management. Through its innovative product portfolio and strategic operational excellence, Zomedica continues to influence the evolution of veterinary diagnostics and therapeutics, enabling veterinarians to provide top-tier care to companion and equine patients.

Rhea-AI Summary

Zomedica Corp (NYSE American:ZOM) announced its delisting from the NYSE American exchange and transition to the OTCQB Venture Market, effective March 5, 2025. The company's ticker symbol will change to ZOMDF.

The delisting is due to the NYSE American's determination that Zomedica no longer meets listing requirements under Section 1003(f)(v) of the Company Guide, specifically citing the low selling price of common shares. Despite this change, Zomedica will maintain SEC reporting requirements and continue providing real-time trading data and financial disclosures through OTC Markets.

CEO Larry Heaton emphasized that while disappointed with the delisting, the company's asset value and growth opportunities remain unchanged, with continued focus on developing veterinary products and maintaining investor engagement.

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Zomedica (NYSE American:ZOM) has scheduled its Fourth Quarter and Full Year 2024 Financial Results conference call and audio webcast for March 13, 2025, at 4:30 p.m. ET. The veterinary health company, which specializes in point-of-care diagnostic and therapeutic products for equine and companion animals, will present operational and financial highlights followed by a Q&A session.

Interested participants can join via phone at +1-800-717-1738 (U.S. Toll-Free) or +1-646-307-1865 (International). A replay will be available until March 27, 2025, at 11:59 PM ET by dialing +1-844-512-2921 (U.S. Toll-Free) or +1-412-317-6671 (International) with pin number: 1174148.

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Zomedica (NYSE American:ZOM) has relocated its corporate headquarters within Ann Arbor, Michigan, marking a strategic move to improve operational efficiency and reduce costs. The new facility, which replaced their previous Phoenix Drive location after its lease expired on January 31, 2025, represents a 19% reduction in square footage and a 50% reduction in base annual rent.

This relocation is expected to generate over $200,000 in annual cost savings while providing a modernized workspace for the company's growing team. According to management, the move aligns with Zomedica's strategy to achieve profitability by optimizing resources while maintaining investment in innovation and growth. The freed-up capital will be reinvested into the business to accelerate the company's path to financial sustainability.

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Zomedica (NYSE:ZOM) has announced a significant update to its endogenous ACTH (eACTH) assay for equine plasma on the TRUFORMA biosensor platform. The enhanced test, initially launched in September 2024, now measures both full-length endogenous ACTH and CLIP (Corticotropin-Like Intermediate Peptide), providing a composite value comparable to traditional laboratory results.

The advancement represents a potential breakthrough in diagnosing Pituitary Pars Intermedia Dysfunction (PPID), a common equine endocrine disorder. The updated assay is particularly notable as it's the first to enable simultaneous measurement of both CLIP and full-length ACTH in a clinical setting, offering veterinarians a more comprehensive diagnostic tool at the point-of-care.

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Zomedica (NYSE American:ZOM) has entered into a license and supply agreement with Cresilon Inc. for the Vetigel® hemostatic gel product line. The agreement grants Zomedica exclusive marketing and sales rights in the United States and non-exclusive rights internationally.

Vetigel is a plant-based formula designed to rapidly stop bleeding when applied directly to wounds. The product has been clinically validated for multiple applications, including surgical procedures, dental applications, emergency care, and liver biopsies. Key advantages include its ability to stop bleeding in seconds without becoming part of the clot.

Under the agreement, Zomedica will manage U.S. customer supply and collaborate with Cresilon for international customer support. The company plans to leverage its existing field sales team, trade show programs, and continuing education initiatives to expand Vetigel's market presence.

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Zomedica (NYSE American:ZOM) has launched two new canine assays for its TRUFORMA In-Clinic Biosensor Testing Platform. The first is a canine NT-proBNP test for detecting cardiac conditions, which helps distinguish cardiac from respiratory disease and identifies dogs at risk of congestive heart failure. The second is a progesterone test for determining optimal breeding dates and detecting reproductive disorders.

These additions bring the total to 8 new assays launched in the past 18 months. Both tests deliver quantitative results in under 20 minutes with reference lab accuracy. The NT-proBNP test is particularly significant as 1 in 10 dogs experience heart disease, while the progesterone assay addresses a high demand market with 4 million puppies born annually in the US. Zomedica offers these diagnostics without requiring capital outlay or monthly minimums from veterinary practices.

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Zomedica Corp. (NYSE American:ZOM) has appointed Scott A. Jordan as Executive Vice President, Finance and Chief Financial Officer, effective January 1, 2025. Jordan brings over 30 years of experience in life sciences and diagnostics industries. He was previously CEO and Founder of S. Jordan Associates, a Chicago-based boutique investment bank, and CFO of Inomagen Therapeutics. His experience includes roles as Chief Business Officer/CFO at Iterion Therapeutics and Salarius Pharmaceuticals, where he helped achieve NASDAQ listing. Jordan holds a BA in Marketing from Michigan State University and an MBA in Finance from DePaul University. He succeeds Peter Donato, who departed in August 2024.

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Zomedica Corp. (NYSE American:ZOM), a veterinary health company specializing in point-of-care diagnostics and therapeutic products for equine and companion animals, has announced its participation in the NobleCon20 Conference. CEO Larry Heaton will present and conduct one-on-one investor meetings at Florida Atlantic University's Executive Education Complex in Boca Raton on December 4, 2025, at 11:00 am EST.

A high-definition video webcast of the presentation will be available the following day on Zomedica's website, Noble Capital Markets' Conference website, and Channelchek portal. The webcast recording will remain accessible for 90 days on all platforms.

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Zomedica has launched a new equine insulin assay for its TRUFORMA In-Clinic Biosensor Testing Platform. The assay provides quantitative insulin level detection in equine plasma with results in just 18 minutes, enabling quick diagnosis and monitoring of insulin dysregulation in horses. This third equine-focused assay complements Zomedica's existing eACTH test, helping veterinarians diagnose conditions like Equine Metabolic Syndrome (EMS) and Pituitary Pars Intermedia Dysfunction (PPID), which affect 18-27% of ponies and horses. The point-of-care solution eliminates reference laboratory wait times and requires no capital outlay or monthly minimums from veterinary practices.

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Zomedica Corp. (NYSE American:ZOM), a veterinary health company specializing in point-of-care diagnostics and therapeutic products for equine and companion animals, has announced the initiation of company-sponsored equity research coverage by Noble Capital Markets. The research coverage will be conducted by Analyst Robert LeBoyer, with the full report and market data available on Channelchek.

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FAQ

What is the current stock price of Zomedica (ZOM)?

The current stock price of Zomedica (ZOM) is $0.0973 as of March 5, 2025.

What is the market cap of Zomedica (ZOM)?

The market cap of Zomedica (ZOM) is approximately 95.3M.

What is the core business of Zomedica Corp?

Zomedica Corp focuses on providing innovative diagnostic and therapeutic solutions for veterinary applications, enhancing care for companion and equine animals.

Which markets does Zomedica serve?

The company serves the veterinary healthcare market with products used in both companion animal and equine practices across domestic and international regions.

What type of products does Zomedica offer?

Zomedica offers a range of point-of-care diagnostic platforms, imaging systems, and therapeutic devices designed to streamline practice workflows and improve patient outcomes.

How does Zomedica differentiate itself in the veterinary industry?

By integrating advanced technology with clinically-driven insights, Zomedica delivers precise, rapid diagnostic results and innovative therapeutic solutions that address critical unmet needs in veterinary practices.

What role does the TRUFORMA diagnostic platform play in their offerings?

The TRUFORMA platform provides automated, high-precision diagnostic capabilities at the point of care, reducing turnaround times and enhancing the accuracy of veterinary diagnostics.

How does Zomedica improve operational efficiencies for veterinary clinics?

Their innovative products automate complex diagnostic processes and streamline clinical workflows, leading to faster decision-making, lower costs, and improved patient care.

Why is Zomedica considered an expert in veterinary healthcare?

The company’s commitment to R&D, its science-backed product innovations, and strategic partnerships with veterinary professionals collectively reinforce its reputation for expertise and trustworthiness in the industry.
Zomedica Corp

NYSE:ZOM

ZOM Rankings

ZOM Stock Data

95.35M
961.51M
1.87%
9.37%
4.63%
Medical Devices
Pharmaceutical Preparations
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United States
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