Hester Biosciences

Overview
News
Livestock Biotech?
Animal Therapeutics?
Product stageSegments
Growth
?
Next-generation vaccines and drugs
?

Hester Biosciences Limited is a leading Indian animal healthcare company and ranks as the second-largest poultry vaccine manufacturer. The company has expanded its operations from a small proprietary trading business to become Asia’s largest one-stop shop for animal biologicals with a strategic presence in 30+ countries focusing on key markets in India, Nepal, and Tanzania. 

Its product portfolio includes inactivated vaccines, live vaccines, and animal and poultry healthcare products, alongside offering specialized services such as seroprofiling for poultry and mastitis control programs for cattle, with a focus on disease prevention programs, curative therapies, immunity boosting programs, and disease diagnosis through scientific diagnostic aides.

Key customers and partnerships

Hester Biosciences has partnered with several major organizations to enhance its global outreach and product effectiveness. Notable partnerships include those with the Bill & Melinda Gates Foundation, GALVmed, and Golchha Organisation and a recent venture into the Egyptian market with Novapharma. 

Funding and financials

Hester Biosciences is publicly traded on the NSE under the ticker HESTERBIO. In FY2023, it reported a revenue of USD 30.4 million, marking a 16% YoY increase.

In April 2022, the company received an INR 60 crore (~USD 7.2 million) grant from India’s Biotechnology Industry Research Assistance Council (BIRAC) to manufacture Covid vaccines under Mission Covid Suraksha.

HQ location:
7160 Miramar Rd Suite 108 San Diego CA USA
Founded year:
1995
Employees:
251-500
IPO status:
Public
Total funding:
USD 7.9 mn
Last Funding:
USD 7.9 mn (Grant; Apr 2022)
Last valuation:
-
Key competitors
 
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Company profile
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