MoneyWorks4Me

Sanofi sees potential in animal health business in India

11 Oct 2012 Evaluate

Sanofi India sees potentials in animal health business in India and plans to enter the market with products from Merial, its global animal health arm. The company will launch these products for cattle, small animals, poultry, veterinary medicines, vaccines and products for companion animals or pets. 

The company’s entry into the animal health segment comes even as other majors such as Bayer and Boehringer Ingelheim step up their play in the segment. The company expects growth in sectors like dairy, poultry, sheep and companion animal segments to grow, as domestic animal health market is growing at 8-11%.

Peers
Company Name CMP
Sun Pharma. Inds. 1835.50
Dr. Reddys Labs. 1171.10
Cipla 1371.45
Lupin 2144.70
Zydus Lifesciences 1153.00
View more..