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Hester Pharma plans acquisition in Europe
April 03, 2008: Hester Pharmaceuticals, the manufacturers of poultry vaccines, is planning its first acquisition in the veterinary biologicals space in Europe.
The company will soon enter the large animal vaccine space. It will start producing vaccines for cattle, sheep and dogs by the second quarter of 2008. The company's vaccine production capacity has risen from 1.2 billion doses to 5 billion at its Kadi plant.
Hester Pharma is also plans to set up a new R&D lab at Kadi plant with an investment of Rs.6 crore.
Source: Business Standard