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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%
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