Virbac

Virbac Overview

Company Headquarters: Carros, Southeastern France, France

Founded: 1968

Workforce: ~4825

Company Working: Virbac develops, manufactures, and markets a wide range of veterinary pharmaceutical products and has a market experience of more than fifty years and is one of the top 10 players in the global animal health market. It operates through the livestock and aquaculture business segments, and manufactures products including parasiticides, immunology, antibiotics/dermatology, specialties, equine, and specialized pet food. The company has a presence in more than 100 countries and generates more than 60% of its revenue from outside Europe. It has 11 manufacturing units in different countries and five fully equipped R&D facilities for the development of products.

Strategy

Virbac focuses on providing innovative and high-quality products to the end users and emphasizes enhancing customer satisfaction. It also focuses on collaborative activities to expand its geographic presence and strengthening its presence in the market.

Company Snapshot

$909.93M

Revenue

4,825

Employees

1968

Founded

Carros, Southeastern France, France

Headquarters

SWOT Analysis

Strengths

Unique and innovative product offerings
Wide customer base
Strong distribution channel
Strong marketing strategies

Weaknesses

Increasing cost of operations
Dependence on one product for revenue generation

Opportunities

Increasing need for healthcare
Acquisitions and in-licensing development opportunities

Threats

Patent infringements
Stringent government regulations and policies
Increasing competition

Product Offering

Virbac
- Virbac Biologicals & Diagnostics

Financial Performance

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