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SeQuent Scientific advances on acquiring Bremer Pharma in Germany

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

18 Apr 2018 Evaluate

SeQuent Scientific is currently trading at Rs. 70.90, up by 2.65 points or 3.88% from its previous closing of Rs. 68.25 on the BSE.

The scrip opened at Rs. 70.40 and has touched a high and low of Rs. 71.00 and Rs. 69.55 respectively. So far 18,000 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 140.09 on 02-May-2017 and a 52 week low of Rs. 61.95 on 06-Feb-2018.

Last one week high and low of the scrip stood at Rs. 71.80 and Rs. 66.50 respectively. The current market cap of the company is Rs. 1,728.00 crore.

The promoters holding in the company stood at 57.28%, while Institutions and Non-Institutions held 17.09% and 25.63% respectively.

SeQuent Scientific’s wholly owned subsidiary - Alivira Animal Health (Alivira) through Alivira Ireland, has signed an agreement with simultaneous closing to acquire 100% of Bremer Pharma, Zydus Cadila’s Animal Health Business in Germany.

This acquisition provides Alivira’s with a beta-lactam & non-beta lactam injectables facility for EU markets, which compliments its Orals & Powders beta-lactam and non-beta lactam facility based at Barcelona in Spain. EU is Alivira’s largest market accounting to 60% of revenues.

With this acquisition, Alivira is a $150 million business on annualized basis with presence in 95+ countries. Alivira has strong presence in the formulations business in key veterinary markets of Europe, LATAM, India, Turkey, Africa and South East Asian countries.

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.

Viyash Scientific Share Price

208.90 0.05 (0.02%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1675.20
Dr. Reddys Lab	1235.40
Cipla	1238.30
Zydus Lifesciences	942.55
Lupin	2324.25
View more..

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SeQuent Scientific advances on acquiring Bremer Pharma in Germany

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