Confirmed Case of New World Screwworm in Texas Boosts Biotech Stocks Zoetis (ZTS) and Elanco Animal Health (ELAN)
The discovery of the New World screwworm parasite in Texas livestock has led to increased stock prices for Zoetis and Elanco Animal Health, as investors anticipate heightened demand for treatments. This situation could impact the beef supply chain and market volatility if the parasite spreads further.