Hot Pursuit     26-Sep-22
Hester Bio spurts on ensuring adequate supply of Goat Pox Vaccine in India
Hester Biosciences surged 10% to Rs 2162.05 after the company said it has adequate supply of Goat Pox Vaccine in India to immunize cattle against Lumpy Skin disease.
Hester acquired the technology for manufacturing the Goat Pox Vaccine (Uttarkashi Strain) from Indian Veterinary Research Institute (IVRI) and commercialized the vaccine on 10 November 2014.

The Lumpy Skin disease outbreak impacting cattle has been addressed in India by immunizing cattle against the disease with the Goat Pox vaccine. Scientifically, the Goat Pox Vaccine (Uttarkashi Strain) may be used as a heterologous vaccine to immunize cattle against Lumpy Skin disease.

Hester currently has been supplying the Goat Pox Vaccine via respective state government tenders to immunize cattle against Lumpy Skin disease in the respective states.

Hester has also bid for the National Tender for supplying Goat Pox Vaccine for immunizing cattle against Lumpy Skin disease.

Hester said that it has been able to meet the complete demand raised on it for the supply of the Goat Pox vaccine in the country. There has been no short supply of the vaccine in any state in India. All supplies have been regularly made without any delays.

Hester is undergoing capacity expansion, which will complete in January 2023.

Further, ICAR-IVRI have jointly developed a Lumpy Skin Disease vaccine. As soon as the technology is made available, Hester said it will acquire the same and manufacture and commercialize the Lumpy Skin disease vaccine.

Hester is one of the leading poultry and animal healthcare companies in India. It is the second largest poultry vaccine manufacturer in India. It currently has a 75% market share in PPR vaccines for Sheep and Goat, across the world. In addition, the Company has a health products portfolio comprising of therapeutics, feed supplements and biosecurity.

On a consolidated basis, net profit of Hester Biosciences declined 68.21% to Rs 3.97 crore on 15.77% decline in net sales to Rs 50.70 crore in Q1 June 2022 over Q1 June 2021.

Previous News
  Hester Biosciences fixes record date for final dividend
 ( Market Beat - Reports 27-Jul-24   11:32 )
  Hester Biosciences consolidated net profit rises 31.96% in the December 2022 quarter
 ( Results - Announcements 31-Jan-23   13:43 )
  HesterBio gains on acquiring technology for H9N2 avian influenza virus vaccine from ICAR – NIHSAD
 ( Hot Pursuit - 28-Dec-22   12:33 )
  Venus Remedies Ltd Spikes 5.64%
 ( Hot Pursuit - 31-May-23   09:30 )
  Hester Biosciences to procure technology from ICAR-NIHSAD for development of H9N2 vaccine for poultry
 ( Corporate News - 28-Dec-22   11:51 )
  Hester Biosciences to hold AGM
 ( Corporate News - 27-Jul-24   16:59 )
  Hester Biosciences to hold board meeting
 ( Corporate News - 03-Aug-22   19:12 )
  Hester Biosciences consolidated net profit rises 118.36% in the June 2021 quarter
 ( Results - Announcements 12-Aug-21   12:00 )
  Hester Biosciences gains on getting grant of Rs 60 cr from BIRAC
 ( Hot Pursuit - 08-Apr-22   11:56 )
  Hester Biosciences announces cessation of directors
 ( Corporate News - 27-Mar-23   12:53 )
  Hester Biosciences announces board meeting date
 ( Corporate News - 11-Nov-21   13:26 )
Other Stories
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
Back Top