Industry: Pharmaceuticals

Sector: Healthcare

Neptune Wellness Solutions Inc. operates as a diversified and fully integrated health and wellness company. It builds a portfolio of natural, plant-based, sustainable, and purpose-driven lifestyle brands and consumer packaged goods products in health and wellness markets, including nutraceuticals, organic baby food, personal care, and home care under the Neptune Wellness, Forest Remedies, Biodroga, MaxSimil, Sprout, Nosh, and NurturMe brands. The company also offers turnkey product development and supply chain solutions to business customers in various health and wellness verticals, including nutraceuticals and white label consumer packaged goods. It has a collaboration agreement with International Flavors & Fragrances Inc. to co-develop hemp-derived CBD products for the mass retail, and health and wellness markets. The company was incorporated in 1998 and is headquartered in Laval, Canada.

Neptune Wellness Solutions Inc is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.