We met the management of Sequent Scientific (Sequent) to gain an insight into the company's animal health business. Sequent is a vertically integrated, global animal health company with seven manufacturing facilities in India, Spain, Germany, Brazil and Turkey. Formulations contributed ~75% of total revenues in FY18 with the rest from API segment. In formulations, the company has a strong presence in Europe, Latin America, Turkey, India, Africa and Southeast Asia markets. Recently, it forayed into France and Ukraine. In API segment, top 10 global animal...