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Virbac S.A.
Brand & Manufacturer VerifiedFrance

Virbac S.A.

Virbac

Virbac is a dedicated animal health pharmaceutical company founded by a veterinarian in 1968, operating on the principle "by a veterinarian, for veterinarians." Headquartered in Carros, Provence-Alpes-Côte d'Azur, France, Virbac generated EUR 1.465 billion (~USD 1.6 billion) in 2025 revenue (organic growth of 7.9%), employing 6,400 employees across 12 production sites in 12 countries. Companion animal products now constitute 62% of total sales, with dental care, dermatology, and specialty endocrine therapeutics (bolstered by the landmark €107.8M Thyronorm acquisition) driving premium pricing in North American and European markets.

Strengths:
• Companion Animal Purity: 62% of revenue from companion animals, with particularly strong positions in dental care (VeggieDent, Enzadent) and dermatology (Cortavance, Allerderm)
• Strategic Asia-Pacific Expansion: €280M acquisition of Japanese animal health company Sasaeah in 2025 added manufacturing facilities in Japan and Vietnam, instantly establishing APAC production base
• Regional Manufacturing Autonomy: 12 production sites across 12 countries, including a recently initiated viral antigen manufacturing plant in Montevideo, Uruguay—the first of its kind in Latin America
• Veterinarian-Centric Heritage: Founded by a veterinarian, the company maintains deep clinical credibility and loyalty within the global veterinary community
• Capital Discipline: €102M in 2025 capital expenditure focused on solving supply chain bottlenecks and supporting future volume growth in premium therapeutic categories
Weaknesses:
• Currency Exposure: Significant revenue from Latin America, Asia-Pacific, and Middle East/Africa creates recurring currency translation headwinds (noted in 2025 results)
• Mid-Tier Revenue Scale: At ~$1.6B, Virbac operates in a competitive middle tier where R&D budgets are materially smaller than the Big Four, constraining pipeline breadth
• Integration Risk: The recent Sasaeah acquisition introduces operational complexity across Japanese, Vietnamese, and existing French manufacturing sites requiring multi-year integration efforts
Read More
FranceFounded 19686,400EUR$1.5 B12 production sites across 12… / 100
Listed onEURONEXTVIRP
Last updated: October 2026·By VerityRank Research Team·Methodology

Listed market data

VIRP · Euronext · weeklyHistory →
Market cap
$3.2 B
Share price
≈ EUR 378.52
1Y change
-2.6%
Recent change
-0.3%

10-22 → 10-23

Since first close
+915.7%

from 1992-07

Revenue (TTM)
$1.7 B
Revenue FY 2025 · updated 2026-10-23Source ↗

Financial history

Full market history
EUR 0$0EUR 100$1.0 BEUR 200$2.0 BEUR 300$3.0 BEUR 400$4.0 B2025-112025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-10
MonthCloseMarket capChange
  • 2026-10EUR 337.00$2.8 B0.0%
  • 2026-09EUR 337.00$2.8 B+8.2%
  • 2026-08EUR 311.50$2.6 B-3.4%
  • 2026-07EUR 322.50$2.7 B-4.4%
  • 2026-06EUR 337.50$2.8 B+1.5%
  • 2026-05EUR 332.50$2.8 B-7.3%
  • 2026-04EUR 358.50$3 B-3.5%
  • 2026-03EUR 371.50$3.1 B+4.8%
  • 2026-02EUR 354.50$3 B-4.2%
  • 2026-01EUR 370.00$3.1 B+5.3%
  • 2025-12EUR 351.50$2.9 B-1.7%
  • 2025-11EUR 357.50$3 B—
Monthly closes · 2025-11 – 2026-10 · Full market history

In the press

All coverage →5 latest headlines
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Virbac S.A. is a France-based dedicated animal health pharmaceutical company headquartered in Carros, Provence-Alpes-Côte d'Azur. Founded in 1968 by a veterinarian, the company operates on the principle "by a veterinarian, for veterinarians." In 2025, Virbac generated EUR 1.465 billion (~USD 1.6 billion) in global revenue (7.9% organic growth), employing 6,400 people across 12 production sites in 12 countries, with products sold in over 100 countries.

Core Business

Virbac's companion animal portfolio (62% of total revenue) is characterized by premium positions in dental care (VeggieDent, Enzadent), dermatology (Cortavance, Allerderm), and parasiticides (Effipro, Milbemax). The landmark €107.8M acquisition of Thyronorm in 2025—the leading treatment for feline hyperthyroidism—significantly strengthened its position in the high-growth specialty endocrine therapeutics segment. Its livestock portfolio covers vaccines, anti-infectives, and nutritional products across bovine, porcine, and poultry species.

Global Presence

Operating through 35 wholly-owned subsidiaries and products in 100+ countries, Virbac's 12 manufacturing sites are strategically distributed across France, Uruguay, Brazil, Vietnam, Japan (post-Sasaeah acquisition), and other key regions. The Montevideo, Uruguay facility's new viral antigen plant represents a landmark investment in Latin American vaccine self-sufficiency. The 2025 Sasaeah acquisition (€280M) added significant manufacturing capability in Japan and Vietnam, instantly establishing a competitive Asia-Pacific production footprint serving the world's fastest-growing pet pharmaceutical markets.

Key Strengths

• 62% companion animal revenue concentration with premium positions in dental, dermatology, and endocrine care
• 12-country manufacturing network with landmark Uruguay viral antigen plant investment
• €280M Sasaeah acquisition establishing immediate Asia-Pacific manufacturing presence
• Veterinarian-founded heritage creating deep clinical credibility and community loyalty
• Consistent 7.9% organic growth demonstrating effective commercial execution

VerityRank Score

VerityRank Score of 89/100

Quick Facts

Headquarters

Carros, Provence-Alpes-Côte d'Azur, France

Founded

1968

Employees

6,400

Revenue

EUR$1.5 B (~USD$1.6 B, 2025)

Market cap

$3.2 B

Factories

12 production sites across 12 countries

Presence

Products sold in 100+ countries, subsidiaries in 35 countries

Listing

Euronext Paris: VIRP

Categories

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website Euronext Paris: VIRP , Virbac Corporate Website
Wikipedia — Virbac
Euronext — Virbac (VIRP)