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In 2016, animal health companies produced $11.4 billion of medicines in the U.S., of which nearly $9.0 billion was sold domestically and $2.4 billion was exported. The economic impact of the …

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FAQs about animal health innovations $35,000 jobs - Indeed Coupon?

How does the animal health industry contribute to the economy?

The animal health industry contributes directly to the U.S. economy through jobs, wages, exports, and taxes. Animal health products also support and enable other industries and enhance the quality of life for millions of Americans. ...

How much do animal health manufacturers invest in R&D?

Animal health manufacturers invest an average of 8.5% of sales in R&D, 2.5 times that of the overall U.S. manufacturing average of 3.4%. Strong demand for U.S. products in foreign markets means that in 2016, U.S. animal health exports totaled more than $2.4 billion. ...

What are animal health manufacturers?

The business of keeping animals healthy – which also keeps humans healthy – is an integral part of the U.S. economy. Animal health manufacturers are biopharmaceutical companies that invest in research and development to create innovative medicines for food-producing and companion animals. ...

How can a smart design improve animal health?

The smart design of animal accommodation such as pens and barns can improve animal health and incorporate monitoring and surveillance. Many US facilities are already designed to automatically adjust environmental controls and determine optimum air circulation for a given herd/flock. ...

How can digital technology improve animal health?

Digital technology innovations include: New technology can allow farmers and veterinarians to treat herds at an individual level at a scale that is near impossible when relying solely on farm staff. Cameras, microphones, and sensors can produce accurate, real-time data demonstrating animals’ wellbeing, productivity and performance. ...

How will artificial intelligence impact Veterinary Medicine?

Artificial intelligence, stem cell therapy, and new generations of vaccines will all play a crucial role in how we care for and treat animals. Veterinary researchers and developers continue to break new ground in reducing disease spread and its impact. ...