Credit rating agency -- India Ratings and Research has upgraded the Sequent Scientific's Long-Term Issuer Rating to 'A' from 'A-' while resolving the Rating Watch Evolving (RWE). The Outlook is Positive.
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.