Dechra Pharmaceuticals
Dechra Pharmaceuticals plc is a business involved in the development and marketing of veterinary products based in Northwich, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
| Type | Public |
|---|---|
| LSE: DPH FTSE 250 component | |
| Industry | Pharmaceuticals |
| Founded | 1997 |
| Headquarters | Northwich, England, UK |
Key people | Tony Rice, (Chairman) Ian Page, (CEO) |
| Revenue | £608.0 million (2021)[1] |
| £162.2 million (2021)[1] | |
| £55.5 million (2021)[1] | |
Number of employees | 1,700 (2022)[2] |
| Website | www |
History
The Company was founded in 1997 by way of a management buy-out from Lloyds Chemists.[3] It was first listed on the London Stock Exchange in 2000.[3] In 2007 it bought VetXX, a Danish veterinary products business, for £62 million.[4] In 2010 it purchased Florida-based DermaPet for US$64 million[5] and Sussex-based Genitrix for £5 million.[6]
It sold its veterinary services business to US-firm, Patterson Companies, for £87.5m in July 2013 in order to focus on its higher margin manufacturing business.[7]
Operations
The Company sells pharmaceuticals - mainly for dogs, cats, equine and food producing animals; products include Vetoryl for Cushing's disease in dogs and Felimazole for hyperthyroidism in cats. It is organised into two divisions: European Pharmaceuticals and US Pharmaceuticals.[8]
See also
References
- ^ a b c "Annual Report 2021" (PDF). Dechra Pharmaceuticals. Retrieved 14 February 2022.
- ^ "Dechra Pharmaceuticals". Craft. Retrieved 14 July 2022.
- ^ a b "Montague Private Equity announces sale of VetXX".
- ^ "Dechra Pharma to buy VetXX for 61.7 mln stg". Reuters. 12 December 2007. Retrieved 28 March 2015.
- ^ "Dechra Pharma buys DermaPet for US$64 mln". Proactive Investors. 22 October 2010. Retrieved 1 March 2020.
- ^ "Dechra acquires Sussex-based Genitrix in a £5.4m deal". Business Live. 1 December 2010. Retrieved 1 March 2020.
- ^ "Dechra sells up". Investors Chronicle. 11 July 2013. Retrieved 16 March 2014.
- ^ "Dechra Pharmaceuticals PLC". dechraplc.com. Retrieved 28 March 2015.