No, do NOT lance the lipoma. Lipomas are benign fatty tumors. They are semi-firm, moveable and located under the skin or muscle layers. Lipomas do not contain a fluid material so lancing them will not drain anything out. They are composed of fat cells, not liquid. Trying to lance it will only cause pain to your dog and may cause an infection.
Cysts on the other had can be lanced/drained periodically. They almost always return.
Surgical removal is curative for both lipomas and cysts.
Cysts on the other had can be lanced/drained periodically. They almost always return.
Surgical removal is curative for both lipomas and cysts.