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SeQuent Scientific rises on its arm getting USFDA’s nod for Visakhapatnam API facility

Viyash Scientific Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 512529 | NSE: VIYASH

03 May 2017 Evaluate

Sequent Scientific is currently trading at Rs. 127.00, up by 0.20 points or 0.16% from its previous closing of Rs. 126.80 on the BSE.

The scrip opened at Rs. 128.00 and has touched a high and low of Rs. 128.40 and Rs. 125.20 respectively. So far 10985 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 166.50 on 03-May-2016 and a 52 week low of Rs. 102.00 on 09-Dec-2016.

Last one week high and low of the scrip stood at Rs. 147.00 and Rs. 123.00 respectively. The current market cap of the company is Rs. 3051.58 crore.

The promoters holding in the company stood at 57.24%, while institutions and non-institutions held 18.69% and 24.07% respectively.

Alivira Animal Health (Alivira), a wholly owned subsidiary of SeQuent Scientific (SeQuent) has received United States Food and Drug Administration (USFDA) approval for its Animal Health API facility at Visakhapatnam, Andhra Pradesh. This 225KL capacity multi-product facility at Vizag was inspected for the first time by USFDA in November 2016 and has now received Establishment Inspection Report (EIR) from US FDA. The receipt of the EIR will enable Alivira’s entry into $8 billion US veterinary healthcare market.

Alivira is the largest animal health company from India with annual revenues of $120 million. It is also the largest animal health API manufacturer from India. Predominant in anthelmintic, the company has 16 products in the primary therapies across antibiotics, beta agonists, NSAID, antiprotozoal and feed additives. Over the last year, the Company has launched five new products and filed for 6 Veterinary Master Files (VMF). The Company also has a pipeline of over seven products at different stages at development.

Viyash Scientific Share Price

208.90 0.05 (0.02%)

17-Apr-2026 16:59 View Price Chart

Peers

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Sun Pharma Inds.	1675.20
Dr. Reddys Lab	1235.40
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Lupin	2324.25
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SeQuent Scientific rises on its arm getting USFDA’s nod for Visakhapatnam API facility

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