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Zoetis Inc. (symbol: ZTS) is a leading American pharmaceutical company and the world's largest producer of medicines and vaccinations for pets and livestock. Originally a subsidiary of Pfizer, Zoetis became an independent company following Pfizer’s spinoff of its 83% interest. Zoetis specializes in a wide range of products including anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals.
The company's revenue is split between production animals (cattle, pigs, poultry, etc.), which contribute approximately 35%, and companion animals (dogs, horses, cats), which account for nearly 65%. In the U.S., Zoetis' business is predominantly focused on companion animals, while its international operations have a slight inclination towards production animals. As an industry leader, Zoetis holds the largest market share and continues to lead in innovation and product development for animal health.
Recent achievements include the launch of new vaccines and diagnostic tools aimed at improving animal health and productivity. Financially, Zoetis remains robust with consistent revenue growth and strategic partnerships to expand its market reach. Current projects include advancing their R&D pipeline to develop next-generation animal health solutions and expanding their global footprint through acquisitions and collaborations.
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The Zoetis Foundation announced its first round of 2023 grants totaling
Zoetis Inc. (NYSE: ZTS) is set to host a webcast and conference call on May 4, 2023, at 8:30 a.m. (ET) to discuss its first quarter 2023 financial results. CEO Kristin Peck and CFO Wetteny Joseph will present the results and answer questions from financial analysts. Interested investors and the public can access the live webcast through the Zoetis website, and a replay will be available following the event. In 2022, Zoetis generated impressive revenue of $8.1 billion and continues to lead in animal health innovation across over 100 countries.