Dechra Pharmaceuticals
Encyclopedia
Dechra Pharmaceuticals plc is a British
-based manufacturer of veterinary products. It is listed on the London Stock Exchange
and is a former constituent of the FTSE 250 Index
.
. It was first listed on the London Stock Exchange
in 2000.
In 2007 it bought VetXX, a Danish
veterinary products business, for £62m.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
-based manufacturer of veterinary products. It is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and is a former constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...
.
History
The Company was founded in 1997 by way of a management buy-out from Lloyds ChemistsLloydspharmacy
Lloyds Pharmacy is the largest community pharmacy operator in the United Kingdom. It operates over 1,700 pharmacies, located primarily within local communities and health centres...
. It was first listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
in 2000.
In 2007 it bought VetXX, a Danish
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
veterinary products business, for £62m.
Operations
The Company has two divisions:- Pharmaceuticals - mainly for dogs, cats and horses; products include Vetoryl for Cushing's diseaseCushing's diseaseCushing's disease is a cause of Cushing's Syndrome characterised by increased secretion of adrenocorticotropic hormone from the anterior pituitary. This is most often as a result of a pituitary adenoma...
in dogs and Felimazole for hyperthyroidismHyperthyroidismHyperthyroidism is the term for overactive tissue within the thyroid gland causing an overproduction of thyroid hormones . Hyperthyroidism is thus a cause of thyrotoxicosis, the clinical condition of increased thyroid hormones in the blood. Hyperthyroidism and thyrotoxicosis are not synonymous...
in cats - Services - National Veterinary Services - supply and distribution of veterinary products to veterinary practices; NationWide Laboratories - veterinary laboratory services