Zomedica Announces Strategic Collaboration with Boehringer Ingelheim Animal Health Canada Inc. to Expand Equine Endocrine Diagnostic Testing Using TRUFORMA(R) Platform
Rhea-AI Summary
Zomedica (OTCQB: ZOMDF) announced a strategic collaboration with Boehringer Ingelheim Animal Health Canada to expand use of its TRUFORMA platform for equine endocrine testing, focusing on pituitary pars intermedia dysfunction (PPID) across Canada starting with the upcoming fall testing season.
Under the agreement, Zomedica will support placement of TRUFORMA analyzers in participating equine veterinary practices, while Boehringer Ingelheim will offer eligible customers complimentary PPID diagnostic testing using Zomedica’s eACTH and equine insulin assays. TRUFORMA analyzers and diagnostic cartridge kits will be provided at no cost to participating practices and eligible Boehringer Ingelheim customers, which is expected to expand Zomedica’s installed base and expose veterinarians to additional equine assays such as Cortisol and Progesterone.
Zomedica reports 2025 revenue of $32 million, up 17%, and revenue of $18 million for the six months ended June 30, 2026, up 36%, with approximately $44 million in liquidity at June 30, 2026.
Positive
- Strategic collaboration in Canada with Boehringer Ingelheim Animal Health to deploy TRUFORMA for PPID testing
- No-cost TRUFORMA placements and cartridges for eligible Boehringer Ingelheim customers expected to expand installed base
- Additional assay exposure introduces Cortisol and Progesterone tests to participating equine veterinarians
- 2025 revenue grew 17% to $32 million
- Six-month 2026 revenue up 36% to $18 million as of June 30, 2026
- Liquidity of approximately $44 million as of June 30, 2026
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Collaboration with one of the world's largest animal health companies expected to accelerate TRUFORMA adoption, expand installed base, and drive recurring diagnostic revenue in Canada
ANN ARBOR, MI / ACCESS Newswire / August 13, 2026 / Zomedica Corp. (OTCQB:ZOMDF) ("Zomedica" or the "Company"), a veterinary health company offering diagnostic and therapeutic solutions for equine and companion animals, today announced a collaboration with Boehringer Ingelheim Animal Health Canada Inc., a leader in the animal health industry, to enhance the early detection, treatment, and monitoring of pituitary pars intermedia dysfunction (PPID) in horses across Canada.
Through this initiative, the TRUFORMA system will support Boehringer Ingelheim's PPID awareness and testing efforts in Canada beginning with this fall testing season, enabling veterinarians to perform rapid endocrine testing at the point of care using Zomedica's equine endogenous ACTH (eACTH) and equine insulin assays.
By bringing this testing directly into equine veterinary practices, the program will support prompt diagnosis and treatment. The use of Zomedica's TRUFORMA diagnostic platform within Boehringer Ingelheim's PPID awareness and testing efforts brings advantages for Canadian veterinarians and horse owners alike.
Under the agreement, Zomedica will support the placement of TRUFORMA analyzers in participating equine veterinary practices across Canada, while Boehringer Ingelheim will provide eligible customers with complimentary diagnostic testing performed using Zomedica's TRUFORMA platform.
Participation in the program includes no-cost placement of TRUFORMA analyzers in participating equine veterinary practices, along with diagnostic cartridge kits provided at no cost to eligible Boehringer Ingelheim customers. This approach is expected to expand the installed base of Zomedica's platform in Canada and introduce participating veterinarians to additional equine assays available from Zomedica, including Cortisol and Progesterone.
PPID, previously known as equine Cushing's disease, is the most common endocrine disorder in aging horses, affecting approximately 20
The program will utilize Zomedica's TRUFORMA® equine endogenous ACTH (eACTH) assay, which recent comparative evaluation data has demonstrated to have the closest agreement to reference laboratory results when compared with other commercially available assays, supporting its reliability for diagnosing PPID and monitoring treatment response.
"Expanding our collaboration with Boehringer Ingelheim-one of the largest and most respected companies in global animal health-into Canada, represents another important milestone for Zomedica," said Kevin Klass, Senior Vice President, Sales at Zomedica. "Their leadership in equine medicine, combined with our TRUFORMA diagnostic technology, creates a powerful synergy and marks another critical step in our strategy. Canada's vast geography and dispersed equine veterinary practices make access to specialized testing more challenging. Bringing this capability into the clinic will reduce the impact of distance and geographic isolation, facilitating timely testing."
"Veterinarians play a critical role in recognizing and managing PPID, and we've seen the meaningful difference that early diagnosis, treatment, and whole-horse management can make," commented Randy Trumpler, Business Unit Director - Equine at Boehringer Ingelheim Animal Health Canada Inc. "By collaborating with Zomedica, we're expanding access to innovative diagnostic solutions for Canadian veterinarians and empowering them to make faster, more confident decisions-ultimately supporting better outcomes for the horses in their care and their owners."
About Zomedica
Zomedica is a leading equine and companion animal healthcare company dedicated to improving animal health by providing veterinarians with innovative therapeutic and diagnostic solutions. Our gold standard PulseVet® shock wave system, which accelerates healing in musculoskeletal conditions, has transformed veterinary therapeutics. Our suite of products also includes the Assisi Loop® line of therapeutic devices and the TRUFORMA® diagnostic platform, the TRUVIEW® digital cytology system, the VETGuardian PLUSTM Zero Touch® monitoring system and VETIGEL® hemostatic gel, all designed to empower veterinarians to provide top-tier care. In the aggregate, their total addressable market in the U.S. exceeds
About Boehringer Ingelheim
Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry's top investors in research and development, the company focuses on developing innovative therapies that can improve and extend lives in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective, embedding sustainability along the entire value chain. Our approximately 54,500 employees serve over 130 markets to build a healthier and more sustainable tomorrow. The Canadian headquarters of Boehringer Ingelheim was established in 1972 in Montreal, Quebec and is now located in Burlington, Ontario. Boehringer Ingelheim employs approximately 500 people across Canada. Learn more at www.boehringer-ingelheim.com.
About Boehringer Ingelheim (Canada)
Boehringer Ingelheim provides innovation for preventing and treating diseases in animals. The company offers a wide range of vaccines, parasite-control products, and medicines for pets, horses, and livestock to veterinarians, animal owners, farmers, and governments. As a leader in animal health, Boehringer Ingelheim values that the health of humans and animals is deeply connected and strives to make a difference for people, animals and society. Learn more at www.boehringer-ingelheim.com/ca/animal-health.
Follow Zomedica
Email Alerts: http://investors.zomedica.com
Facebook: https://m.facebook.com/zomedica
Instagram: https://www.instagram.com/zomedica_inc
Cautionary Note Regarding Forward-Looking Statements
Except for statements of historical fact, this news release contains certain "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include statements relating to our expectations regarding future results. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance, or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, including assumptions with respect to economic growth, demand for the Company's products, the Company's ability to produce and sell its products, sufficiency of our budgeted capital and operating expenditures, the satisfaction by our strategic partners of their obligations under our commercial agreements and our ability to realize upon our business plans and cost control efforts.
Our forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: the outcome of clinical studies, the application of generally accepted accounting principles, which are highly complex and involve many subjective assumptions, estimates, and judgments, uncertainty as to whether our strategies and business plans will yield the expected benefits; uncertainty as to the timing and results of development work and verification and validation studies; uncertainty as to the timing and results of commercialization efforts, including international efforts, as well as the cost of commercialization efforts, including the cost to develop an internal sales force and manage our growth; uncertainty as to our ability to realize the anticipated growth opportunities from our acquisitions; uncertainty as to our ability to supply products in response to customer demand; supply chain risks associated with tariff changes; uncertainty as to the likelihood and timing of any required regulatory approvals, and the availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; veterinary acceptance of our products, including adoption of our AI technology for microscopy, and purchase of consumables following adoption of our capital equipment; competition from related products; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; our ability to secure and maintain strategic relationships; performance by our strategic partners of their obligations under our commercial agreements, including product manufacturing obligations; risks pertaining to permits and licensing, intellectual property infringement risks, risks relating to any required clinical trials and regulatory approvals, risks relating to the safety and efficacy of our products, the use of our products, intellectual property protection, and the other risk factors disclosed in our filings with the SEC and under our profile on SEDAR+ at www.sedarplus.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Investor Relations Contact:
Zomedica Investor Relations
Investors@zomedica.com
1-734-369-2555
SOURCE: Zomedica Corp.
View the original press release on ACCESS Newswire