| Page 24 | Kisaco Research

Cat Health Corp. pursued a non-traditional multi-API drug strategy, overcoming investor resistance and building a faster path to clinic by leveraging existing compounds and novel combinations. This session will explore why unconventional drug models face pushback, how existing molecules can accelerate development timelines, and what founders need to do to bring investors along on non-traditional strategies.

Author:

Alexandru Bacita

Founder & Chief Operating Officer
The Cat Health Company

Alexandru Bacita

Founder & Chief Operating Officer
The Cat Health Company

A decade of sustainability commitment has not built a functioning financial model. Costs sit at the farm level, consumer premium has not materialized, and verification is too expensive. Yet the context is shifting. Financial regulation, mandatory climate reporting, and financed are creating genuine new commercial urgency. Despite this, the model that makes sustainability economically rational and practically achievable for producers at farm level has not yet been built. This session explores what a commercial architecture that actually works looks like. It will explore:

  • Why commitment has failed to build a functioning financial model, and what a viable producer value proposition actually looks like
  • How the industry distributes cost and reward proportionately across the value chain
  • How inset, offset, and credit markets need to be structured to protect rather than squeeze producers
  • What verification infrastructure is needed to support credible claims and reduce cost burden at scale
  • How the industry builds durable producer and public trust at a moment of growing institutional skepticism
Moderator

Author:

Charles Brooke

Program Director
Spark Climate Solutions

Charles Brooke

Program Director
Spark Climate Solutions
Panelists

Author:

Paul Myer

CEO
Athian

Paul Myer

CEO
Athian

Therapeutic nutrition is one of the largest underleveraged opportunities in companion animal care. The evidence base is growing, new data infrastructure is making outcomes measurable for the first time, and pet owner appetite for nutrition-led health solutions is clear. This panel explores what it takes to make nutrition a more integrated, measurable, and commercially sustainable part of clinical practice.

  • The evidence base for therapeutic nutrition: where it's strong and where the gaps are
  • Using outcomes data to make the clinical case for nutrition recommendations
  • Pet owner demand and how practices are, and aren't, meeting it
  • Communicating value and price in a category where D2C competition is growing
  • What a genuinely integrated nutrition strategy looks like inside a practice
Panelists

Author:

Chelsie Estey

Chief Veterinary Officer
Hill's Pet Nutrition

Chelsie Estey

Chief Veterinary Officer
Hill's Pet Nutrition
Moderator

Author:

Julie Lawless

President
Lawless Strategic Communications

Julie Lawless

President
Lawless Strategic Communications

This session examines where the inefficiencies are, what's actually changing, and what a best-in-class development program looks like today. The adoption gap is just as important: designing a trial without thinking about how the product will be used in practice builds in a commercialization problem from day one.

  • Where the biggest time and cost sinks in trial design are structural versus fixable
  • Real-world evidence and PIMS data as a supplement to traditional clinical trials
  • What regulators, acquirers, and licensees actually need from your data package
  • Designing for adoption: building clinical utility and practice-readiness from the start
  • The CRO landscape: what's available, what's missing, and where the bottlenecks are

Author:

Cheryl London

Director of Clinical Research
Tufts University, Cummings School of Veterinary Medicine

Cheryl London

Director of Clinical Research
Tufts University, Cummings School of Veterinary Medicine

Author:

Tommy Jackson

Chief Executive Officer
Prelude

Tommy Jackson

Chief Executive Officer
Prelude

Author:

Linda Black

Chief Executive Officer
Gallant

Linda Black

Chief Executive Officer
Gallant

Climate volatility, policy instability, and structural labor shortages are raising operational risk and reducing investment confidence across livestock production. This session explores how animal health innovation and agtech can serve as genuine strategic tools, building resilience and helping producers navigate a rapidly changing global market.

  • How tight-margin decision-making shapes what producers actually adopt
  • How animal health, agtech, and regenerative practices reduce operational risk and deliver visible financial return
  • How coordinated supply chains and verified quality reduce systemic risk and unlock the global protein opportunity
  • What collaboration, associations, and policy need to do to stabilize the commercial environment and make long-term investment rational
Panelists

Author:

David Gnad

Chief Executive Officer
Heritage Vet Partners

David Gnad

Chief Executive Officer
Heritage Vet Partners

Author:

Samantha Werth

Executive Director
US Roundtable for Sustainable Beef

Samantha Werth

Executive Director
US Roundtable for Sustainable Beef

This session will share specific examples of how data is unlocking economic and medical advancement across the value chain and for the pet owners we serve.

  • Product Launch: Derrick will share how they leveraged their data to undertake a product launch roll out with a partner. How expectations were aligned and how ROI was achieved for both practice and partner
  • Clinical Outcomes: Jennifer will discuss how Arista are combining PIMS data with client and clinical team surveys to measure clinical outcomes.
  • Operational Effectiveness: Paula will share how data is at the heart of their client communication and engagement strategy

Author:

Derrick Kraemer

Chief Executive Officer
Doppler Veterinary Network

Derrick Kraemer

Chief Executive Officer
Doppler Veterinary Network

Author:

Jennifer Welser

President
Arista Advanced Pet Care

Jennifer Welser

President
Arista Advanced Pet Care

Author:

Paula Bamford

Chief Operating Officer
United Veterinary Care

Paula Bamford

Chief Operating Officer
United Veterinary Care

In 2025, only four of the top ten animal health companies made acquisitions, the joint lowest on record. M&A spend fell from $8.8bn to $1.7bn. Deal volume dropped, but diligence quality went up. Acquirers and licensees are more selective, more data-driven, and more focused on development-stage risk than at any point in the last decade. This session pulls back the curtain on what drives deal decisions, and what founders and development teams need to build in from day one.

  • What a diligence-ready data package looks like
  • What kills deals: the most common data gaps, red flags, and avoidable mistakes
  • Licensing vs acquisition vs co-development: which structure fits which stage
  • How acquirers are pricing development-stage assets as valuations shift from revenue to data
  • What investors are underwriting and how to de-risk your development plan before the pitch

Author:

Spencer Swayze

Managing Director
Osiris Growth Capital

Spencer Swayze

Managing Director
Osiris Growth Capital