Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stock Report

| More

Hester Biosciences launches PPR vaccine and Goat Pox vaccine

Posted On: 2015-03-22 09:47:14

Hester Biosciences Limited, India's leading animal biological & health care company, launches its PPR (Peste Des Petits Ruminants) vaccine and Goat Pox vaccine. With the launch of these vaccines as well as being the second largest poultry vaccine manufacturer in India, Hester has positioned itself to capitalise on upcoming opportunities in the animal health care industry globally as well as in India.

PPR vaccine is to be given annually to sheep and goats. PPR disease causes dysentery and death of the animal. It is therefore a disease of high economical importance worldwide. The total targeted population of sheep and goat for PPR vaccine in the world is 145 crores. In India, the targeted population is 20 crores.

Mr. Rajiv Gandhi, CEO & MD, Hester Biosciences Ltd said "The world market for PPR vaccine is slated to be for INR 300 crores annually. The Indian market is slated to be INR 40 crores annually. The PPR vaccine will contribute toward also the disease eradication programs of the Government of India. Hester is also the first company in India to manufacture the Goat Pox vaccine. This vaccine is to be given annually to goats. Goat Pox disease causes death in Goats."

The total targeted population of goats for Goat Pox vaccine in the world is 97 crores, with 50% of that population being in Asia. In India, the targeted population is 14 crores. The world market for Goat Pox vaccine is slated to be for INR 500 crores annually. The Indian market is slated to be INR 70 crores annually.

Apart from poultry and large animal vaccines, the company has recently forayed into poultry health products and large animal health products. These four verticals put together will underpin Hester's identity as a strong animal health company, addressing all segments in the animal health care sector. Company currently manufactures and markets veterinary vaccines and health products for India and global markets. Company's product portfolio comprises of over 47 vaccines and over 35 health products.

"We have already invested INR 7 crores in plant and machinery for stepping up our vaccine production capacity as well as towards increasing our vaccine range. We hope to invest another INR 18 crore in the next couple of years. This expansion will help us to meet rising demand from domestic and export markets" said Mr. Gandhi.

"We at Hester aspire towards improving the health of animals by diagnosing & preventing diseases. Our R&D department is involved in the development of on new products and vaccines for preventing diseases. Company currently exports to eight countries and product registration activities are going on in over 20 countries. In the next 3-4 years international business would be equal or more than the domestic sales" added Mr. Gandhi.

The global animal healthcare market stands at around $ 22 billion, off which the market size in India is estimated to be $ 375 million. India has a huge poultry and cattle population and with growing awareness, market is expected to see a multi-fold increase in years to come.

Hester Biosciences is a company manufacturing animal vaccines and health products with a focus on R&D towards developing next generation recombinant vaccines. Located near the city of Ahmedabad, in the state of Gujarat, in Western India, Hester has a state-of-the-art manufacturing facility, having WHO-GMP, ISO 9001, ISO 14001, OHSAS 18001 & GLP certifications.

For the FY 2013-14, the company reported net profit of INR 10.09 crore on revenue of INR 69.05 crore. "Going forward we expect to cross INR 200 crore turnover by FY 16-17," said Mr. Gandhi. The company is listed on BSE and NSE.

Shares of HESTER BIOSCIENCES LTD. was last trading in BSE at Rs.473.7 as compared to the previous close of Rs. 485.2. The total number of shares traded during the day was 19565 in over 893 trades.

The stock hit an intraday high of Rs. 504 and intraday low of 455. The net turnover during the day was Rs. 9199487.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

123Stores Named to the 2017 Inc. 5000 List of America's Fastest-Growing Private Companies
SKF lends a helping hand to 40 meritorious girl students from Marathwada region
Coffee Day Enterprises Ltd arm acquires Malaysian company
Stylam Industries Ltd to consider merger, acquisition on Aug 28, 2017
Bosch Ltd announces resignation of Mr. Prasad Chandran, Independent Director
Vardhman Textiles Ltd calls for Committee Meeting on 24th August, 2017
Kesar Terminals and Infrastructure Ltd calls for Board Meeting on Sep 12, 2017
Lupin receives EIR from US FDA for Aurangabad, April 2017 Inspection
HMT Ltd calls for Board Meeting on Aug 29, 2017
Ugar Sugar Works Ltd restarts operations after Appellate Authority orders
OK Play India Ltd appoints CFO
Deccan Cements Ltd fixes Sep 12, 2017 as record date for stock split
V-Guard Industries Ltd acquires 49.43% stake in GUTS Electro-Mech Ltd
ICRA reaffirms ratings of Sanghvi Movers Ltd
Hindustan Adhesives Ltd appoints additional director
HCL Infosystems Ltd receives confirmation from Apple for distributing iPhone and other Apple products
Lumax Auto Technologies Ltd to consider 1st quarter results on Aug 30, 2017
McNally Bharat Engineering Company Ltd receives order from Odisha Coal and Power Ltd
Som Distilleries and Breweries Ltd signs MOU with White Owl Brewery Private Limited
Rane Engine Valve announces Q1 results
Jubilant Life Sciences Ltd receives NDA approval for Drax Exametazime
CTE achieves AWS Oracle Enterprise Applications Competency Status
Websol Energy System Ltd to commission expanded capacity from October 2017
TTK Prestige launches leading British Kitchen appliances brand in India
Tata Power launches Electric Vehicle charging infrastructure in Mumbai
Warren Tea Ltd calls for Board Meeting on 30th August, 2017 at 3 P.M.
India Ratings revises ratings of Ricoh India Ltd
Petron Engineering Construction Ltd receives LoI from JSW Cement
Longview Tea Company Ltd calls for Board Meeting on Aug 28, 2017
AMD Industries Ltd to consider first quarter results on Aug 28, 2017
Wanbury Limited calls for Board Meeting on Sep 11, 2017
Dhunseri Tea & Industries Ltd sells stake in subsidiary
Jamna Auto Industries Ltd fixes Oct 6, 2017 as record date for stock split
Blue Star wins prestigious MEP orders of over Rs. 500 crores in India, confirming early signs of revival in the MEP industry
Suven Life Sciences secures a Product Patent in Japan
Nitesh Estates Ltd calls for Board Meeting on Sep 14, 2017
Aurobindo Pharma receives USFDA tentative approval for Dolutegravir, Lamivudine & Tenofovir Disoproxil Fumarate tablets
Indigo's clarification regarding misleading information on flights cancellations
WABAG announce Q1 FY 18 Results
Brickwork Ratings reaffirms BWR BBB- rating to SRG Housing Finance Ltd's long term fund based bank loan facilities
Ajanta Soya Limited calls for Board Meeting on Aug 26, 2017
Brickwork Ratings assigns BWR BBB- rating to SRG Housing Finance Ltd
OCL Iron and Steel Ltd approves appointment of CFO
India Ratings assigns quot;IND-A-quot; rating to Rushil Decor Ltd
Supreme Tex Mart Ltd calls for Board Meeting on Aug 24, 2017
Raymond Group Acquires Ansell's stake in Brand Kamasutra
Result Update: Simplex Infrastructure Ltd - ACCUMULATE - TP Rs.520 - Kotak
GOCL Corporation Ltd calls for Board Meeting on Sep 13, 2017
Automotive Axles Ltd appoints company secretary
ICICI Bank revises interest rates on Savings Bank account


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2017