Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
ECO Animal Health Group PLC - Surrey-based pet and livestock pharmaceuticals - Enters research partnership with Moredun Research Institute, where both parties will work to develop a vaccine for the control of poultry red mite.
An infestation of poultry red mite is one of the causes of production losses in laying hens, and can have a large effect on animal welfare.
Under the partnership, MRI will execute the sponsored research project over a period of 36 months, which if successful, ECO may take the option of developing, registering and commercialising the vaccine under an exclusive licence.
‘Once again our R&D team has successfully concluded an agreement to partner with a leading research institute, in this case MRI, to develop a vaccine solution to PRM. If successful, the vaccine has very significant potential globally and would have substantial animal health benefits,’ says Chief Executive David Hallas.
Current stock price: 112.48 pence
12-month change: down 68%
Copyright 2022 Alliance News Limited. All Rights Reserved.