FORT LEE, N.J., Feb 8 /PRNewswire/ -- This week, Summit VetPharm
identified the first instance of a veterinarian who was diverting its
veterinary exclusive Vectra 3D(TM) flea and tick product. This situation,
where product was found available for sale on a popular website targeting
pet owners, is a clear violation of the Company's anti-diversion policy.
Summit VetPharm, after confirming the identity of the California
veterinarian, swiftly implemented corrective action against this
individual. By utilizing the proprietary Summit VetPharm Bloodhound(TM)
track and trace technology, the company was able to immediately pinpoint
where the violation had occurred. Within six hours of legal notification to
the veterinarian, the diverted product was no longer available for sale.
"I am delighted that our Bloodhound track and trace technology provided
us with rapid identification which allowed us to pursue immediate action
against this individual who appears to have willfully violated our signed
anti- diversion contract and placed our product outside the veterinary
channel for sale," stated Julia Stephanus, president and CEO of Summit
VetPharm. Vectra 3D and all Summit VetPharm products are exclusively
dispensed by licensed veterinarians. We will not tolerate product diversion
because it undermines the relationship between veterinarians and pet owners
and raises questions about product integrity."
"Veterinary response across the country has been unanimously positive
about Summit VetPharm's commitment to the profession," stated Dr. Albert
Ahn, Senior Director of Veterinary Services. "Over the years, veterinarians
have expressed their concerns to me that companies were unwilling or unable
to stop unauthorized product diversion. The veterinarians I have spoken
with are genuinely impressed with the commitment that Summit VetPharm has
made. One of the core principles upon which our company was founded was the
commitment to ensure that our products are developed and made available
exclusively through licensed veterinarians. By securing our supply chain,
we are able to protect the veterinary professional, maintain authenticity
of our products, and enhance the role of veterinarians in the lives of the
animals they treat," continued Dr. Ahn.
"We will remain vigilant for future instances of product diversion. Our
goal is to keep companion animal health exactly where it belongs -- in the
hands of professionals. The terms of our Anti-Diversion Agreement strictly
prohibit the sale of Vectra 3D outside of the veterinary-client-patient
relationship. This agreement explicitly states that sales outside of this
relationship will result in legal action against the identified veterinary
diverter and any third parties involved that diversion," continued Julia
Stephanus.
Vectra 3D's new triple-action topical ectoparasiticide formula is
available to pet owners only through licensed veterinarians. Vectra 3D is
available in four different sizes: for dogs and puppies over 7 weeks of age
weighing 2.5 to 20 pounds; 21 to 55 pounds; 56 to 95 pounds, and for dogs
over 95 pounds. Vectra 3D is currently available to veterinarians from the
following distributors: NLS Animal Health, Henry Schein Animal Health,
Midwest Veterinary Supply, Inc., Merritt Veterinary Supplies, Inc.,
Associated Medical Supply, Great Western Animal Health Supply, Northeast
Veterinary Supply Company (NEVSCO), Victor Medical Company, PCI Animal
Health and Sanum Puerto Rico.
Summit VetPharm
Founded by veterinarians and experienced industry professionals, Summit
VetPharm is committed to protecting the health and welfare of both
companion animals and companion animal veterinary practices. As a
wholly-owned subsidiary of the Sumitomo Corporation and part of the
Sumitomo Corporation group of companies, Summit VetPharm is backed by a
longstanding reputation for values and ethics in business and is dedicated
to raising the standards in animal health. Summit VetPharm is headquartered
in Fort Lee, New Jersey, USA. For more information, visit Summit VetPharm
at http://www.summitvetpharm.com
SOURCE Summit VetPharm
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Related links:
http://www.summitvetpharm.com
CONTACT:
Dr. Albert H. Ahn for Summit VetPharm,
+1-201-242-8409
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