Ascent Capital Advisors India, a private equity investor has taken a minority stake in Alivira Animal Health, a joint venture (JV) between Sequent Scientific and Shasun Pharmaceuticals. Alivira Animal Health is engaged in developing, manufacturing and sale of veterinary products inclusive of both API (Active Pharmaceuticals Ingredients) and Formulations in the global market.
Sequent Scientific is an integrated pharmaceutical company with a global footprint headquartered in Bangalore, India which has presence in different pharmaceutical verticals including APIs, Animal Health, Analytical Services, CRAMS and specialty chemicals. Sequent is the world's largest producer of Anthelmintics and by far the strongest player in the Veterinary API business.
