Full Press Release Details
Phibro Animal Health Corporation Announces Regulatory Framework
Change in Brazil for Antimicrobials
TEANECK, N.J., April 27, 2026 (Business Wire) - Phibro
Animal Health Corporation (Nasdaq: PAHC) today announced expected implementation of a new regulatory framework governing the use of certain
antimicrobials in Brazil that have growth promotion indications.
The Brazilian Ministry of Agriculture and Livestock (MAPA) published
Ordinance No. 1617 on April 27, 2026, prohibiting the importation, manufacture, marketing and use of performance enhancing feed additives
containing antimicrobials classified as important in human or veterinary medicine, including virginiamycin and bacitracin. This regulation
brings Brazil into alignment with regulatory approaches adopted in other global markets. This prohibition will come into effect after
a transition period of 180 days from the date of the Ordinance, during such times companies and customers may continue to use and sell
the products under their current labels.
Phibro is working cooperatively with MAPA and relevant industry associations
to support an orderly transition. The Company has been actively engaged with MAPA on new registrations of virginiamycin for therapeutic
use in cattle and broiler chickens. These registrations are in the final stages of review and approval by MAPA and are expected during
the transition period.
Phibro's bacitracin product already carries therapeutic claims
Under the new regulatory framework, following the transition period,
use of the subject antimicrobials will require a veterinary prescription. To support compliance and operational efficiency, Phibro is
making available to the Brazilian market PhibroVet , a digital platform designed to facilitate the creation, transmission, and management
of veterinary prescriptions and prescription history.
Based on the 180 day transition period, the Company expects the regulatory
change to have limited impact on its fiscal year 2026 results. Additional information will be provided during the Company's upcoming
earnings call scheduled for May 7, 2026.
About Phibro Animal Health Corporation
Phibro Animal Health Corporation is a leading global diversified animal
health and nutrition company. The Company strives to be a trusted partner to livestock producers, farmers, veterinarians, and consumers
who raise or care for farm and companion animals by providing solutions that help maintain and enhance animal health. For more information,
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results may differ materially from those contemplated by a forward-looking statement. Forward-looking statements speak only as of the
date on which they are made. Phibro expressly disclaims any obligation to update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise. A further list and description of risks, uncertainties and other matters can be
found in our Quarterly Report on Form 10-Q and Annual Report on Form 10-K, including in the sections thereof captioned "Forward-Looking
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Contact for Phibro Animal Health Corporation
Phibro Animal Health Corporation
Chief Financial Officer