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Pin to quick picksEco Animal Regulatory News (EAH)

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Partnership with Moredun Research Institute

6 Jul 2022 07:00

RNS Number : 4299R
Eco Animal Health Group PLC
06 July 2022
 

 

6 July 2022

ECO Animal Health Group plc

(''ECO", the "Company" or the "ECO Group") (AIM: EAH)

Partnership with Moredun Research Institute - Poultry Red Mite Vaccine

 

ECO Animal Health Group plc, a leader in the development, registration and marketing of pharmaceutical products for global animal health markets, is pleased to announce that its wholly owned subsidiary, ECO Animal Health Ltd, has entered into a research partnership with Moredun Research Institute (MRI), UK. This research involves an exciting project to develop an effective first-in-class vaccine solution for the sustainable control of poultry red mite (PRM). MRI has the necessary tools, expertise, and experience in working with PRM and in parasite vaccine development. The vaccine will target functions that are important to PRM development, viability and fertility. These targets will be identified by analysing data across the developmental stages of PRM using a reverse vaccinology approach and then evaluated in a robust PRM challenge model developed and validated at MRI. ECO Animal Health Ltd is excited about the potential of this innovation to help address a significant unmet need and improve animal welfare in the poultry industry.

Poultry Red mite (Dermanyssus gallinae) infestation is one of the emerging and important causes of production losses in laying hens and has a major impact on animal welfare. Poultry red mites also serve as vectors for several disease-causing bacteria and viruses in poultry. Their ubiquitous presence threatens the poultry industry globally, as there are no effective non-chemical solutions available for the prevention of PRM infestation in poultry. Pesticides are currently being used by poultry producers to treat and therefore limit the losses due to heavy PRM infestation. However, this comes with associated risks including chemical residues in eggs and meat and resistance development. Heavy PRM infestation is reported in the EU and UK and this is expected to increase as a result of animal husbandry legislation changes, increased treatment resistance, climate warming, all of which is hampered by the current lack of a sustainable approach to PRM control. 

Under the terms of the partnership, MRI will execute the sponsored research project over a period of 36 months. If the programme is successful, ECO may take the option of developing, registering and commercialising the vaccine under a worldwide exclusive license from MRI.

David Hallas, Chief Executive of ECO said: "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."

Dr Stewart Burgess, Principal Investigator at MRI commented "We are delighted to have entered this research partnership with ECO which will enable us to apply our knowledge of PRM and expertise in developing parasite vaccines to support the global poultry industry."

The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR") as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

For further information please contact:

ECO Animal Health Group plc

David Hallas (CEO)

Christopher Wilks (CFO)

 

020 8447 8899

 

 

IFC Advisory

Graham Herring

Zach Cohen

 

 

020 3934 6630

 

 

Singer Capital Markets (Nominated Adviser & Joint Broker)

Mark Taylor

George Tzimas

 

020 7496 3000

 

Investec (Joint Broker)

Gary Clarence

Alex Penney

Carlo Spingardi

 

Peel Hunt LLP (Joint Broker)

Dr Christopher Golden

James Steel

 

020 7597 5970

 

 

 

 

020 7418 8900

 

Equity Developments

Hannah Crowe

Matt Evans

020 7065 2692

 

 About ECO Animal Health

ECO Animal Health Group plc researches, develops and commercialises products for livestock. Our business strategy is to generate shareholder value by achieving the maximum sales potential from the existing product portfolio whilst investing in Research and Development ("R&D") for new products, particularly vaccines, and seeking to in-license new products.

 

 

About Moredun Research Institute

Moredun Research Institute conducts internationally recognised research on the infectious diseases of livestock, caused by important viruses, bacteria and parasites. It employs 170 scientists, vets and support staff who continue to help find solutions for major challenges to modern farming such as the consequences of a changing climate; ensuring safe and sustainable food and water supplies conserving biodiversity and finding solutions to infectious disease. Today, many of the veterinary medicines and vaccines that are routinely used on farm have either been researched, developed or tested at Moredun. More information: https://www.moredun.ac.uk/

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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MSCSSIFWIEESESW
Date   Source Headline
2nd Aug 20192:24 pmBUSHolding(s) in Company
2nd Aug 20191:12 pmBUSCirc re. Posting of Annual Report 2019
1st Aug 20192:17 pmBUSDirector/PDMR Shareholding
1st Aug 20197:00 amBUSTotal Voting Rights
1st Aug 20197:00 amBUSBlock listing Interim Review
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3rd Jul 20197:59 amBUSHolding(s) in Company
19th Jun 20197:00 amBUSFinal Results
5th Jun 201912:43 pmBUSHolding(s) in Company
29th May 20193:13 pmBUSDoc re. Change of Director Responsibilities
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20th Mar 20197:00 amBUSHolding(s) in Company
7th Mar 20197:05 amBUSDirector/PDMR Shareholding
7th Mar 20197:00 amBUSDirectorate change
5th Mar 20197:00 amBUSRegulatory Approval
13th Feb 20197:00 amBUSStatement Re ECO Animal Health and Ghent University Sign Poultry Vaccine Development Licencing Deal
7th Feb 201911:50 amBUSDirector/PDMR Shareholding
5th Feb 20199:58 amBUSHolding(s) in Company
5th Feb 20197:00 amBUSStatement re ECO Animal Health and University of Georgia sign second poultry vaccine development licencing deal
1st Feb 20197:00 amBUSTotal Voting Rights
1st Feb 20197:00 amBUSBlock listing Interim Review
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16th Jan 201910:48 amBUSDirector/PDMR Shareholding
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10th Dec 20187:00 amBUSHalf-year Report
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3rd Dec 20187:00 amBUSStatement re ECO Animal Health and Agrinnovation (Yissum) L.P. sign swine antimicrobial novel formulation development and licencing deal
27th Nov 20189:32 amBUSNotice of Results
19th Nov 20187:00 amBUSStatement re Joint poultry vaccine development licencing deal
7th Nov 20187:00 amBUSRegulatory Approval
1st Nov 20183:40 pmBUSHolding(s) in Company
1st Nov 20183:01 pmBUSHolding(s) in Company
26th Oct 20187:48 amBUSDirector/PDMR Shareholding
16th Oct 201811:26 amBUSHolding(s) in Company
20th Jul 20182:09 pmBUSDirector/PDMR Shareholding
18th Jul 201810:06 amBUSHolding(s) in Company
18th Jul 201810:01 amBUSHolding(s) in Company
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3rd Jul 20189:05 amBUSHolding(s) in Company
3rd Jul 20189:03 amBUSHolding(s) in Company
2nd Jul 20181:16 pmBUSDoc re. Block Listing Admission
2nd Jul 20187:00 amBUSFinal Results
1st May 20188:37 amBUSTotal Voting Rights
24th Apr 201811:22 amBUSHolding(s) in Company
12th Apr 201810:16 amBUSDirector/PDMR Shareholding
11th Apr 201812:03 pmBUSDirector/PDMR Shareholding
5th Apr 201812:02 pmBUSDirector/PDMR Shareholding - Replacement
5th Apr 201810:44 amBUSDirector/PDMR Shareholding
3rd Apr 20187:00 amBUSJoint Venture

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