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Dechra Pharmaceuticals Announces Acquisition of Invetx Inc. to Expand Portfolio in Veterinary Pharmaceuticals

Jul 18, 2024over 1 year ago

Acquiring Company

Dechra

Acquired Company

Invetx, Inc.

CheshireBostonPharmaceuticalBiotechnologyBiotechnology

Description

Invetx Inc., a pioneer in protein-based therapeutics for animal health, has agreed to be acquired by Dechra Pharmaceuticals Limited for up to $520 million. This acquisition will complement Dechra’s broad portfolio of specialty therapeutics for companion animals and accelerate its differentiated position in the veterinary health industry. Invetx’s pipeline of monoclonal antibody therapeutics and species-specific, half-life extension platform will further enhance Dechra’s expertise in core therapeutic areas.

Company Information

Company

Dechra

Location

Cheshire, England, United Kingdom

About

Dechra Pharmaceuticals Limited is a global specialist veterinary pharmaceuticals business, with expertise in the development, manufacture, and sales and marketing of high-quality products exclusively for veterinarians, to support the sustainable improvement of animal health and welfare worldwide.

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