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CSPAN3 House Committee Examines Pet Medication Industry May 10, 2016

Well receive testimony from our witnesses about the status of the pet medication industry. It is important to start this process by understanding the status quo of the industry. From that point, we will build the necessary base to carefully examine whether additional federal involvement is needed in the veterinary Prescription Medication space. The pet medication industry is an established market and it continues to grow. In calendar year 2015 United States pet owners spent over 14 billion on pet supplies and over the counter medications. An additional 7 billion was spent on Prescription Medications. Pet care is a notable component of the Family Budget for well over twothirds of the United States ....

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CSPAN3 House Committee Examines Pet Medication Industry May 10, 2016

Let me invite all of our guests to take their seats. The subcommittee on commerce, manufacturing and trade will come to order and the chair will recognize himself for five minutes for the purpose of on Opening Statement. I want to welcome everyone here this morning. Welcome our witness this is morning. Well receive testimony from our witnesses about the status of the pet medication industry. It is important to start this process by understanding the status quo of the industry. From that point, we will build the necessary base to carefully examine whether additional federal involvement is needed in the veterinary Prescription Medication space. The pet medication industry is an established market and it continues to grow. In calendar year 2015 United States pet owners spent over 14 billion on pet supplies and ov ....

United States , New Jersey , South Carolina , Status Quo , Prescription Medication , Family Budget , Commission Witness , Veterinary Practice , Opening Statement , Ranking Member , Industry Needs , Consumer Choices , Competition Among , Market Place , Food Supplies , Public Comments , Michigan State , Health Safety , Affordable Health , Affordable Health Care , Health Care , Online Pharmacy , Big Box , Retail Options , Exclusivity Agreements , Impact Health ,