Business
Statement re ECO Animal Health and Agrinnovatio...
Statement re ECO Animal Health and Agrinnovatio....
About this update from Eco Animal Health Group Plc
[{"type":"text","content":"\n \n \n Statement re ECO Animal Health and Agrinnovation (Yissum) L.P. sign \n swine antimicrobial novel formulation development and licencing deal\n \n \n\n \n Eco Animal Health Group Plc\n \n \n\n \n \n \n ECO Animal Health Group plc\n \n \n (AIM: EAH)\n \n \n ECO Animal Health and Agrinnovation (Yissum) L.P. sign swine \n antimicrobial novel formulation development and licencing deal\n \n \n ECO Animal Health Ltd (ECO), a wholly owned subsidiary of ECO Animal \n Health Group plc, is pleased to announce that it has entered a \n development and licensing deal with Agrinnovation and Yissum Research \n Development Company of the Hebrew University of Jerusalem Ltd., State of \n Israel.\n \n \n This deal, based on a number of milestone payments, allows ECO to \n licence patented research related innovations leading to the development \n of a unique long acting injectable florfenicol product to treat swine \n bacterial respiratory disease with a single dose. Florfenicol is an \n antimicrobial used only in veterinary medicine and the product will \n complement both the spectrum of activity and the oral route of \n administration of Aivlosin ®, ECO’s patented molecule for the treatment \n of economically important diseases in pigs and poultry.\n \n \n Peter Lawrence, Non-executive Chairman of ECO Animal Health Group plc \n said, “Recent market research has indicated that treatment for \n respiratory disease accounts for over 40% of antimicrobial treatments in \n finishing pigs. We are delighted to have entered this collaboration with \n Agrinnovation “.\n \n \n Dr. Ido Schechter, Agrinnovation CEO said, “We are excited to enter this \n collaboration with ECO, which underscores the promise of agricultural \n research at Hebrew University and supports our vision of sustainable \n agriculture around the world through collaborations between industry and \n academic organizations.\"\n \n \n The information contained within this announcement is deemed by the \n Group to constitute inside information as stipulated under the Market \n Abuse Regulations (EU) No. 596/2014 (\"MAR\"). Upon the \n publication of this announcement via a Regulatory Information Service \n (\"RIS\"), this inside information is now considered to be in the public \n domain.\n \n \n Contacts:\n \n \n ECO Animal Health Group plc\n \n \n \n \n Peter Lawrence\n \n...