Mixlab expands business to large animals
The vet pharmacy start-up recently acquired NexGen Animal Health to meet the rising demand.
US-based veterinary pharmacy Mixlab, backed by private equity firm Vanterra Ventures, has acquired Texas-headquartered NexGen Animal Health to expand its business to new animals.
Through this acquisition, the company is expected to expand its care operations to include large species like equines, exotic animals, wildlife and zoo animals.
“This acquisition marks a key milestone for Mixlab as we expand our offering with sterile and non-sterile preparations for the equine, wildlife and zoo markets,” says the company’s CEO Fred Dijols.
The acquisition will also enable growth in capacity, formulary and customer care teams by adding a fourth location in Texas. The firm currently has sites in New York, California and Florida.
Mixlab closed a $10 million (€9.1M) funding round last August as part of its Series A funding extension.