
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 effortsRead MoreShow Less
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
Listed market data
VIRP · Euronext · weeklyHistory →- Market cap
- $3.2 B
- Share price
- ≈ EUR 378.52
- 1Y change
- -2.6%
- Recent change
- -0.3%
- Since first close
- +915.7%
- Revenue (TTM)
- $1.7 B
10-22 → 10-23
from 1992-07
Financial history
Full market history- 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—
In the press
All coverage →5 latest headlines- Virbac targets upper guidance range for Virbac stock - ad-hoc-news.dewww.ad-hoc-news.de2026-10-20
- Virbac: sales up 7.9% over first nine months, targeting upper guidance range - Idéal Investisseurwww.ideal-investisseur.fr2026-10-20
- Virbac SA (VIRP.PA) Stock Price, News, Quote & History - Yahoo! Finance Canadaca.finance.yahoo.com2026-10-19
- Virbac targets the high end of its guidance range - www.marketscreener.comwww.marketscreener.com2026-10-19
- France's Virbac Q3 revenue rises on strength in Both Companion Animal, Farm Animal segments - TradingViewwww.tradingview.com2026-10-19
In Latin America, its Montevideo, Uruguay facility has recently broken ground on a dedicated viral antigen manufacturing plant—a landmark investment that gives Virbac rare in-region core vaccine antigen production capability. The company completed its landmark €280 million acquisition of Japanese animal health company Sasaeah in 2025, adding manufacturing facilities in Japan and Vietnam, plus 500+ specialized employees, instantly establishing a significant Asia-Pacific production base. Companion animal products now constitute 62% of total sales.
• Dental Care: VeggieDent / Enzadent
• Dermatology: Cortavance / Allerderm
• Parasiticides: Effipro / Milbemax
• Endocrinology: Thyronorm post-acquisition
• Vaccines: Canigen / Feligen
• Pet Nutrition
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
Similar listed companies
- Eli Lilly and Company· $1.1 T
- Johnson & Johnson (J&J)· $616 B
- Allergan Aesthetics· $504 B
- AbbVie Inc.· $504 B
- F. Hoffmann-La Roche AG· $372 B
- Merck Animal Health· $360 B
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)
