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Elanco Launches Pet Protect™ From the Makers of Advantage®: Veterinarian-Formulated Supplements for Complete Pet Wellness

1. Elanco launches Pet Protect, veterinarian-formulated pet supplements for pet wellness. It strengthens their pet health portfolio. 2. U.S. pet supplement market valued at $2.7B with a 20% CAGR. This reflects rapid industry growth. 3. Pet Protect leverages trusted Advantage branding and scientific formulations. It targets diverse health needs in dogs and cats.

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Why Bullish?

The launch taps a rapidly growing segment, likely boosting future revenue streams. Historical product expansions in pet care, such as Zoetis' innovations, have driven share price gains.

How important is it?

Entering the booming pet supplements market reinforces ELAN's industry leadership and potential revenue growth. The innovative product mix and trusted branding position ELAN favorably against competitors.

Why Long Term?

This strategic move builds brand equity and diversifies the product portfolio for sustained growth over time. Extended pipeline benefits have shown long-term upward trends for similar companies.

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Pet Protect offers a comprehensive line of veterinarian-formulated, science-backed supplements. The U.S. pet supplement market is growing as pet parents increasingly desire proactive wellness options. Pet Protect features products for both dogs and cats, including joint health, multivitamins, Omega-3, fast-acting calming, allergy and immune support, digestive function support and more. The launch of Pet Protect from the Makers of Advantage strengthens Elanco's position as a leader in the pet health market and offers a science-backed brand to the supplements category. The Advantage brand is a trusted leader in pet health for 25 years. , /PRNewswire/ -- Elanco Animal Health Incorporated (NYSE: ELAN) today announced the launch of Pet Protect, a line of veterinarian-formulated supplements for dogs and cats. With the pet supplement market experiencing rapid growth and increasing relevance, Pet Protect emerges as a modernized, science-backed supplement line specifically designed to cater to the diverse health needs of pets. Elanco Launches Pet Protect™ From the Makers of Advantage®: Veterinarian-Formulated Supplements for Complete Pet Wellness Elanco Launches Pet Protect™ From the Makers of Advantage®: Veterinarian-Formulated Supplements for Complete Pet Wellness As pet owners increasingly recognize the importance of their pets' health and well-being, their expectations for comprehensive pet care have risen significantly, resulting in a heightened awareness to take proactive measures to ensure not only their health but their pet's health too. The U.S. pet supplement market reached a size of $2.7 billion in 2023, achieving a Compound Annual Growth Rate (CAGR) of 20% over the past five years.1 The explosive growth in the pet supplements market has remained constant as customers see value in supplements – with over half of pet supplement purchasers reporting about the same spend in 2023 despite inflation price pressures.2 In response to this growing demand and the shifting focus of pet parents toward proactive wellness, Elanco has introduced Pet Protect to provide comprehensive support for pets' everyday health. "As the leader in pet health over the counter products, expanding into supplements is a natural fit for Elanco," said Bobby Modi, Executive Vice President, U.S. Pet Health and Global Digital Transformation. "This underscores our dedication to enhancing the health and well-being of pets while driving growth and expanding our footprint in this dynamic market." Pet Protect stands out in the supplement market thanks to several distinct qualities: Veterinarian-Formulated: Developed with over 25 years of veterinary experience. Backed by Science: Uses safe, proven and studied ingredients. Trusted Branding: From the makers of Advantage. A trusted leader in pet health for 25 years. Commitment to Quality: Earning the NASC® quality seal. "At Elanco, we recognize that pets are cherished family members and deserve the highest quality of care," said Dr. David Gosche, veterinarian and Executive Director, Consulting Vet Team at Elanco. "Pet Protect is designed to support the health of pets with scientifically formulated veterinarian-approved ingredients."Pet Protect offers a full line of supplements, each with a unique function to improve the quality of life for pets. From promoting healthy skin, helping to support situational stress, supporting joint health and immune function, Pet Protect offers comprehensive solutions that meet the diverse needs of pets. The product line includes but is not limited to: Pet Protect Hip & Joint: Our Synovi G3 formula for dogs offers a proactive way to support healthy hip and joint function in active dogs. Pet Protect Multivitamin: Our DVM Daily Soft Chews formula for dogs supports everyday health and wellness, immune and bone strength, energy and healthy digestion. Pet Protect Digestive Health for Dogs: Our Lactoquil formula supports everyday GI health and microbial balance for dogs and helps in times of normal digestive upset. Pet Protect Calming Fast Acting: Our proprietary Tranquilify™ blend works in as little as 30 minutes and lasts up to four hours and helps support situational stress, positive behavior in times of stress and curbs destructive behavior in dogs. Pet Protect Skin Health: The only over-the-counter dog supplement that uses phytoceramide which helps regulate hydration, supports a healthy skin barrier and supports a normal inflammatory response in dogs. This launch reinforces Elanco's commitment to making life better for animals through innovative solutions that address a multitude of health needs for pets. For more information on Pet Protect, visit Pet Protect from the makers of Advantage.ABOUT ELANCOElanco Animal Health Incorporated (NYSE: ELAN) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders and society as a whole. With nearly 70 years of animal health heritage, we are committed to helping our customers improve the health of animals in their care, while also making a meaningful impact on our local and global communities. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our Elanco Healthy Purpose™ sustainability pillars – all to advance the health of animals, people, the planet and our enterprise. Learn more at www.elanco.com.Pet Protect, Advantage, Alenza, DVM Daily Soft Chews, Endurosyn, Free Form, Lactoquil, Seasoderm, Synovi G3, Synovi G4, Tranquilify, Elanco and the diagonal bar logo are trademarks of Elanco or its affiliates. ®2025 Elanco or its affiliates.1 Packaged Facts Pet Supplements in the US, 10th Edition, September 20242 Packaged Facts Pet Supplements in the US, 9th Edition, March 2023Investor Contact: Tiffany Kanaga (765) 740-0314 [email protected]Media Contact: Season Solorio, (765) 316-0233, [email protected]SOURCE Elanco Animal Health WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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