Dechra Pharmaceuticals plc is a business involved in the development and marketing of veterinary products based in

Northwich {{Infobox UK place , static_image_name = Northwich - Town Bridge.jpg , static_image_caption = Town Bridge, the River Weaver and the spire of Holy Trinity Church , official_name = Northwich , country ...

, England. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and is a constituent of the

FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...

History

The Company was founded in 1997 by way of a

management buy-out A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1 ...

from Lloyds Chemists. It was first listed on the

in 2000. In 2007 it bought VetXX, a Danish veterinary products business, for £62 million. In 2010 it purchased

Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...

-based DermaPet for US$64 million and

Sussex Sussex (), from the Old English (), is a historic county in South East England that was formerly an independent medieval Anglo-Saxon kingdom. It is bounded to the west by Hampshire, north by Surrey, northeast by Kent, south by the English ...

-based Genitrix for £5 million. It sold its veterinary services business to US-firm,

Patterson Companies Patterson Companies Inc is a medical supplies conglomerate primarily in the business of veterinary and dental products (ranging from xray equipment to consumable products, dental consumables make up the biggest part of the dental industry). Tr ...

, for £87.5m in July 2013 in order to focus on its higher margin manufacturing business.

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 Hyperthyroidism is the condition that occurs due to excessive production of thyroid hormones by the thyroid gland. Thyrotoxicosis is the condition that occurs due to excessive thyroid hormone of any cause and therefore includes hyperthyroidism ...

in cats. It is organised into two divisions: European Pharmaceuticals and US Pharmaceuticals.

References

{{Authority control 1997 establishments in England British companies established in 1997 Companies listed on the London Stock Exchange Companies based in Cheshire Northwich Pharmaceutical companies established in 1997 Pharmaceutical companies of England Veterinary companies of the United Kingdom

History

Operations

See also

References