Financial Growth and Strategic Investment Reflect Ongoing Confidence in the Global Pet Care Industry
Merck’s Q3 2025 Report Shows Steady Growth in Animal Health Segment

Merck & Co. released its third-quarter 2025 financial report, revealing total global sales of $17.3 billion, marking a 4% increase compared to the same period in 2024. Excluding foreign exchange effects, the growth rate stood at 3%.
The company’s Animal Health division delivered impressive momentum, posting $1.6 billion in sales, up 9% year-over-year (7% excluding currency effects). Within this segment, companion animal sales reached $592 million, representing a 2% decline compared to last year.
As of the end of Q3 2025, Merck’s cumulative Animal Health revenue totaled $4.849 billion, with $1.94 billion derived from the companion animal category over the first three quarters. This performance underscores Merck’s continued leadership in veterinary pharmaceuticals, vaccines, and health solutions for pets and livestock alike.
The Pet VET Secures £13 Million Financing from HSBC

In the UK, independent veterinary group The Pet VET announced a £13 million (approx. RMB 130 million) financing agreement with HSBC Bank. This significant investment will fuel expansion plans, including the construction of new surgical centers and upgrades to existing facilities, addressing the country’s rising demand for high-quality pet healthcare.
As one of England’s leading veterinary service providers, The Pet VET is leveraging its well-established care model and new financial backing to accelerate growth and enhance service capacity. The funding reflects the strong confidence of financial institutions in the UK’s thriving pet medical sector, which continues to expand in both consumer spending and infrastructure investment.

Quote on Blocks:
“The ongoing investment in veterinary infrastructure across Europe signals both industry maturity and the increasing humanization of pets worldwide.”
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