Dechra Pharmaceuticals PLC Annual Report and Accounts for the year ended 30 June 2021

Our Strategic
Framework

Our Purpose

The sustainable improvement of animal health and welfare globally

Our Strategic Growth Drivers

Pipeline
Delivery

Our Objective

Deliver our pipeline on time, at the right costs and with the expected returns. Refill the pipeline so that we get a constant flow of new products in future years.

Portfolio
Focus

Our Objective

Maximise our revenue by increasing market penetration, focusing on targeted therapeutic sectors within CAP, Equine, FAP and Nutrition.

Geographical
Expansion

Our Objective

Leverage our product portfolio into new geographic regions through distribution partners, in-country presence and new country product registrations.

Acquisition

Our Objective

Expand our geographical footprint and/or enhance our product portfolio through acquisition.

Our Strategic Enablers Support the Execution of Our Strategy

Manufacturing and Supply Chain

Technology

People

ESG

Our Progress in Numbers

2014

1,327

Product registrations in 2014

40

Countries distributed to in 2014

13

Sales and Marketing organisations in 2014

3

Manufacturing sites owned in 2014

1,287

Number of employees in 2014

2021

5,669

Product registrations in 2021

68

Countries distributed to in 2021

25

Sales and Marketing organisations in 2021

7

Manufacturing sites owned in 2021

1,975

Number of employees in 2021

Our Acquisition Timeline

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Commenced
trading in Italy

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Acquired PSP
US bolt-on

2014

Revenue £515.1m

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Acquired Putney Transformational
US deal

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Acquired Apex Access
to Australian CAP market

2016

Revenue £247.6m

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Acquired LeVet Adds to EU product portfolio

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Acquired AST Farma Strengthens Dutch market position and provides direct-to-vet relationship

2018

Revenue £407.1m

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Acquisition of Ampharmco Supports US manufacturing

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Acquisition of Mirataz Expands our product portfolio

2020

Revenue £515.1m

2015

Revenue £203.5m

Commenced trading in Canada and Poland

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Acquired Genera Entry into poultry vaccines

2017

Revenue £359.3m

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Acquired RxVet Access to New Zealand

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Acquired 33% of Medical Ethics Access to novel product development

2019

Revenue £481.8m

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Acquired a further 15% of Medical Ethics Strengthens pipeline

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Acquired Venco Access to Brazil and South American markets

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Acquired trade and assets of Caledonian Access to equine products

2021

Revenue £608.0m

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Acquisition of Osurnia Expands our product portfolio

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Acquired a further 1.5% of Medical Ethics Strengthens pipeline

blue world icon

Commenced
trading in Italy

blue abc icon

Acquired PSP
US bolt-on

Commenced trading in Canada and Poland

blue abc icon blue handshake icon

Acquired Genera Entry into poultry vaccines

blue science icon blue handshake icon

Acquired Putney Transformational US deal

blue world icon blue handshake icon

Acquired Apex Access to Australian CAP market

blue world icon blue handshake icon

Acquired RxVet Access to New Zealand

blue science icon blue handshake icon

Acquired 33% of Medical Ethics Access to novel product development

blue science icon blue abc icon blue handshake icon

Acquired LeVet Adds to EU product portfolio

blue handshake icon

Acquired AST Farma Strengthens Dutch market position and provides direct-to-vet relationship

blue handshake icon

Acquired a further 15% of Medical Ethics Strengthens pipeline

blue world icon blue handshake icon

Acquired Venco Access to Brazil and South American markets

blue world icon blue handshake icon

Acquired trade and assets of Caledonian Access to equine products

green cogs icon blue handshake icon blue abc icon

Acquisition of Ampharmco Supports US manufacturing

blue abc icon

Acquisition of Mirataz Expands our product portfolio

blue abc icon

Acquisition of Osurnia Expands our product portfolio

blue handshake icon

Acquired a further 1.5% of Medical Ethics Strengthens pipeline

Strategy in Action