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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

Dechra Pharmaceuticals - New animal drug could be blockbuster

October 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DPH
Over the month we met with Ian Page, chief executive of Dechra Pharmaceuticals, which manufactures and sells pharmaceutical products mainly to the animal health market.  Dechra is best known as the largest wholesaler of such products to the UK's veterinary profession, a business which has recovered well after a wobble early last year and recent forecast busting results paint a very positive outlook for the future. However, much of the recent re-rating in the shares comes from interest in its  proprietary pharmaceutical portfolio with investors holding high hopes for Vetoryl, Dechra's new treatment for Cushing's disease in dogs, which is being hailed as a potential blockbuster.  Vetoryl is already selling like hot ca ...

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