Screwworm Case in Texas Boosts Zoetis and Elanco Animal Health Stocks
A confirmed case of New World screwworm in Texas has led to increased trading activity for Zoetis (ZTS) and Elanco Animal Health (ELAN), with both stocks rising on bullish options volume. The FDA's emergency use authorization for a treatment developed by Zoetis is seen as key, raising market interest.
Topics: animal health FDA authorization screwworm outbreak stock market reaction