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Vetnosis was formed in 2008 through the management buy-out of Wood Mackenzie's animal health business.

Its coverage of the animal health sector commenced in 1986 with the launch of the Animal Health Service.

Between 1986 and 2001 Wood Mackenzie was a division of an investment bank (Hill Samuel, NatWest, Bankers Trust and Deutsche Bank).

In 2001, Wood Mackenzie went private following a management buy-out from Deutsche Bank and in 2005 Candover, a European private equity firm, acquired a minority equity stake.

In 2007, Candover acquired majority control and decided to exit Life Sciences, including animal health, to focus on Energy, Metals and Mining.

Since its formation, Vetnosis has introduced its proprietary forecasts, portfolio and innovation tools and expanded its commercial intelligence on companies and markets.