12 Dec 2017 07:00
Premier Veterinary Group PLC
("PVG PLC", the "Company" or the "Group")
New Partnership with MWI Animal Health to Provide Expanded Access to Premier Pet Care Plan
London, UK, 12th December 2017 - Premier Veterinary Group PLC (LSE: PVG) announces that its wholly-owned subsidiary, Premier Vet Alliance (US) Limited ("PVA"), has signed a co-operation agreement with MWI Animal Health, one of the largest distributors in the US serving companion animal, equine and livestock markets. Through this new partnership, PVA's preventative healthcare program for pets, "Premier Pet Care Plan" ("PPCP"), will be made available to MWI's client hospitals across the Mid West and South East regions of the US ensuring enhanced compliance and pet wellness across independently owned practices. This co-operation agreement is the fifth such agreement entered into in the US, allowing PVG to access a further segment of the available US market.
"At MWI, we are focused on providing independent veterinary practices with the tools and programs they need to thrive in a competitive animal health business," said Jeff Hicks, VP of Sales at MWI Animal Health. "We are excited to partner with PVA in order to offer comprehensive support packages, like Premier Pet Care Plan, with the goal of providing even greater value to current and future customers so they can focus on clinical care."
As a preventative health care plan designed to be flexible and personalized, Premier Pet Care Plan provides veterinarians the tools and resources that allow them to offer gold standard care at affordable prices, ultimately enhancing practice operations and animal health outcomes.
"We are committed to offering simple, affordable solutions to help independent practices meet essential pet healthcare needs, while also freeing up time to let veterinarians focus on what they do best - caring for our animal companions," said Dominic Tonner, Chief Executive Officer of PVG PLC. "As a highly respected and successful industry player, we are delighted to work with MWI and continue to expand the reach and impact of our Premier Pet Care Plan throughout the U.S."
For further information, please contact:
Premier Veterinary Group plc Tel: +44 (0)117 970 4130
Dominic Tonner, Chief Executive Officer
Will Evans, Chief Financial Officer
Note to Editors:
PVG's services to third party veterinary practices, through its wholly-owned subsidiary, Premier Vet Alliance Limited ("PVA"), include the administration and support of a preventative healthcare programme for pets branded "Premier Pet Care Plan" ("PPCP"); and the operation of a buying group ("Premier Buying Group") which offers enhanced discounts to member practices on pharmaceutical and consumable spending. In the US, PPCP is marketed through the Company's wholly-owned subsidiary, Premier Vet Alliance (US) Limited.
PPCP is a structured, preventative healthcare programme for cats, dogs and rabbits and is available only through veterinary practices. The programme is seen as a way of providing gold standard care for pets at an affordable price for the client, by way of fixed monthly payments.
PPCP uses a clinical approach to prevention, as this is the most effective method of ensuring illnesses are
diagnosed more quickly and not given a chance to advance. What truly sets PPCP apart is its unique approach of offering an end-to-end solution and support to the practice, which has been proven to work extremely well. PVA works alongside practices to create a tailor-made, cost-effective service for clients, one that delivers excellent care to their patients and significantly improves practice performance.
The Premier Buying Group, is now the UK's largest veterinary buying group without group interests in veterinary practices or veterinary wholesalers offering its members the best discounts across the industry on pharmaceutical and consumable spend.
For further details: http://www.premiervetalliance.co.uk/
This announcement includes "forward-looking statements" which include all statements other than statements of historical facts, including, without limitation, those regarding the Company's financial position, business strategy, plans and objectives of management for future operations, and any statements preceded by, followed by or that include forward-looking terminology such as the words "targets", "believes", "estimates", "expects", "aims", "intends", "will", "can", "may", "anticipates", "would", "should", "could" or similar expressions or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company's control that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. These forward-looking statements speak only as at the date of this announcement. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this announcement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. As a result of these factors, readers are cautioned not to rely on any forward-looking statement.