Zoetis Inc.: Update following upgrade to Baa1; outlook stable
CORPORATES CREDIT OPINION 5 September 2017 Update RATINGS Zoetis Inc. Domicile Parsippany, New Jersey, United States Long Term Rating Baa1 Type Senior Unsecured - Dom Curr Outlook Stable Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Peter H. Abdill, CFA +1.212.553.402Zoetis is a holding company. Through its subsidiaries, the company is engaged in the discovery, development, manufacture and commercialization of animal health medicines, vaccines, and diagnostic products with a focus on both livestock and companion animals. The company operates in two segments: the United States and International. The company's main product categories are vaccines, anti-infectives, parasiticides, other pharmaceutical products, dermatology products, medicated feed additives, and animal health diagnostics. The company's other non-pharmaceutical product categories include nutritionals and agribusiness, as well as products and services including biodevices, genetic tests and precision livestock farming.
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