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Dechra buys Genitrix for £5.4m

Dechra Pharmaceuticals has acquired British animal health company Genitrix for £5.4 million ($8.4 million), with a further £0.8m payable depending on sales targets. The move expands Dechra’s UK business considerably and will also enable it to pursue further growth by launching Genitrix’s products into other EU countries. In the last financial year Genitrix had revenues of £2.4m.

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