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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
26th Nov 20127:00 amBUSRegulatory Approval
17th Oct 20129:50 amBUSIssue of Equity
5th Oct 201211:28 amBUSIssue of Equity
27th Sep 20121:08 pmBUSResult of AGM
13th Sep 201210:39 amBUSCirc re.Scrip Dividend Circular
13th Sep 201210:38 amBUSCirc re.Annual Report and Accounts 2012
20th Jul 20124:55 pmBUSFurther re Dividend Record Date
20th Jul 20127:00 amBUSFinal Results
10th Jul 20127:00 amBUSRegulatory Approval
2nd May 20128:00 amBUSHolding(s) in Company
14th Mar 20123:56 pmBUSDirector/PDMR Shareholding
26th Jan 20123:10 pmBUSHolding(s) in Company
18th Jan 201210:14 amBUSHolding(s) in Company
16th Jan 201212:44 pmBUSIssue of Equity
12th Dec 20117:00 amBUSHalf-yearly Report
30th Nov 201112:10 pmBUSHolding(s) in Company
28th Nov 20117:00 amBUSRegulatory Approval
21st Oct 20113:56 pmBUSDirector/PDMR Shareholding
12th Oct 201110:22 amBUSHolding(s) in Company
7th Oct 20113:00 pmBUSDirector/PDMR Shareholding
3rd Oct 201111:48 amBUSHolding(s) in Company
27th Sep 20112:56 pmBUSIssue of Equity
23rd Sep 201111:38 amBUSIssue of Equity
2nd Sep 20111:11 pmBUSResult of AGM
25th Aug 20117:00 amBUSCirc re.Scrip Dividend
29th Jul 201111:35 amBUSIssue of Equity
1st Jul 20117:00 amBUSNotice of Results
29th Mar 20112:16 pmBUSHolding(s) in Company
14th Mar 20111:44 pmBUSFurther re ECOpharma Inc, Japan
15th Dec 20101:04 pmBUSIssue of Equity
8th Dec 20104:05 pmBUSNotice of Results
8th Dec 20107:00 amBUSHalf-yearly Report
28th Sep 201012:27 pmBUSResult of AGM
24th Sep 201011:33 amBUSHolding(s) in Company
24th Sep 201011:17 amBUSHolding(s) in Company
24th Sep 20107:00 amBUSIssue of Equity
17th Sep 20102:08 pmBUSDirector/PDMR Shareholding
26th Aug 20107:00 amBUSPosting of Scrip Dividend Circular
10th Aug 20107:00 amBUSFinal Results
4th Aug 201011:12 amBUSDoc re. Posting of documents to shareholders
26th Jul 20107:00 amBUSRegulatory Approval
30th Jul 20087:00 amRNSPreliminary Results
17th Dec 20077:00 amRNSInterim Results
23rd Jul 20077:00 amRNSFinal Results
23rd Jul 20077:00 amRNSIssue of Equity
27th Nov 200611:56 amRNSResult of EGM
3rd Nov 20067:30 amRNSAcquistion and Placing
13th Oct 200611:30 amRNSStatement re. Disposal
13th Oct 200611:30 amRNSPossible Acquisition
26th Jul 20067:01 amRNSFinal Results

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