Petgo rebounds for the first time in three days on launch of prescription diet food sales through veterinary hospital channel
Petgo Corporation <7140> shares rebounded for the first time in three sessions on Wednesday. Petgo announced Wednesday that it will begin selling "Vets One Veterinary," a prescription diet food for dogs and cats, through veterinary hospital channels, fueling buying interest.
The products will be sold through "Signi VET," a veterinary hospital-oriented e-commerce platform operated by Tokyo-based Signi, which distributes medical materials, medical equipment, and pharmaceuticals to veterinary hospitals and veterinarians nationwide. The platform has registered members from approximately 11,000 facilities, accounting for more than 90.00% of veterinary hospitals in Japan, bolstering expectations for earnings growth through expanded sales channels. This initiative marks the second phase of sales to veterinary hospitals via Signi, following the May launch of flea and tick prevention products.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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