Phibro Animal Health

Phibro Animal Health is an American animal health and mineral nutrition company. Its products include antibacterials, anticoccidials, anthelmintics, as well as animal nutrition and vaccines for livestock.[6][7] The company operates through three segments Mineral Nutrition, Performance Materials, and Animal Health, from which most of its revenue is derived.[8] The company operates in the United States, Latin America, Canada, Europe, Middle East, Africa, and Asia-Pacific.[6] It is incorporated in Delaware.[9]

Phibro Animal Health Corporation
TypePublic
Nasdaq: PAHC
S&P 600 Component
IndustryAnimal health and nutrition
HeadquartersTeaneck, New Jersey, US
Key people
Jack Bendham (Chairman), Larry Miller (COO)[1][2]
Revenue US$833 million (2021)[3]
Number of employees
1,400[4][5]
Websitewww.pahc.com

History

The company was founded in 1946 as Phillip Brothers Chemicals, Inc.[10][11]

In 1974, it acquired Koffolk, an animal nutrition company based in Israel.[10]

In 2000, Pfizer sold its medicated feed additives business to Phibro Animal Health[12][10]

In 2003, the company changed its name from Phillip Brothers Chemicals to Phibro Animal Health.[13][10]

In 2009, the company acquired Baltzell US mineral nutrition business and ABIC Laboratories, a vaccine maker from Israel.[14][10]

In 2014, Phibro Animal Health held an initial public offering and became listed on the Nasdaq.[15][16]

In 2018, the company established a biotech facility in Sligo, Ireland producing animal health vaccines. It became the company's first manufacturing plant in Europe.[4][5]

Controversy

During the 2022 Russian invasion of Ukraine, Phibro Animal Health refused to join the international community and withdraw from the Russian market. Research from Yale University updated on April 28, 2022 identifying how companies were reacting to Russia's invasion identified Phibro Animal Health in the worst category of "Digging In", meaning Defying Demands for Exit: companies defying demands for exit/reduction of activities. [17]

References
  1. "Check out Phibro Animal Health Corp's stock price (PAHC) in real time". CNBC.
  2. Editorial, Reuters. "PAHC.OQ - Phibro Animal Health Corp Profile | Reuters". www.reuters.comundefined.
  3. "Phibro Animal Health Corporation - Overview". investors.pahc.com.
  4. Taylor, Charlie; Sligo, Marese McDonagh in. "US animal health group Phibro to create 150 jobs in Sligo". The Irish Times.
  5. "Phibro Animal Health to establish new biotech facility in Sligo, creating up to 150 jobs".
  6. "Phibro Animal Health Corporatio (PAHC) Company Profile & Facts - Yahoo Finance". finance.yahoo.com.
  7. "Phibro Animal Health Corp - Company Profile and News". Bloomberg.com.
  8. https://www.nasdaq.com/de/market-activity/stocks/pahc
  9. "Phibro Animal Health Corp SEC Registration". sec.report.
  10. History, Phibro Animal Health. Accessed October 18, 2021
  11. "PAHC | Phibro Animal Health Corp. Company Profile & Executives - WSJ". www.wsj.com.
  12. "Pfizer Sells Feed Additives Line To Phibro Animal Health". ICIS Explore.
  13. "Philipp Brothers Chemicals Inc., Fort Lee, N.J., changes the name of the company to Phibro Animal Health Corporation. - Free Online Library". www.thefreelibrary.com.
  14. "Teva Sells Vet Company to Phibro". www.thepoultrysite.com.
  15. "Phibro Animal Health Corporation Files Registration Statement for Initial Public Offering". finance.yahoo.com.
  16. "Phibro Animal Health Corporation Announces Launch of Initial Public Offering". investors.pahc.com.
  17. "Over 750 Companies Have Curtailed Operations in Russia—But Some Remain". Yale School of Management. Retrieved 28 April 2022.


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