ECO Animal Health UK Regulatory Announcement: Statement re ECO Animal Health and Agrinnova…

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LONDON–(BUSINESS WIRE)–

ECO Animal Health Group plc

(AIM: EAH)

ECO Animal Health and Agrinnovation (Yissum) L.P. sign swine
antimicrobial novel formulation development and licencing deal

ECO Animal Health Ltd (ECO), a wholly owned subsidiary of ECO Animal
Health Group plc, is pleased to announce that it has entered a
development and licensing deal with Agrinnovation and Yissum Research
Development Company of the Hebrew University of Jerusalem Ltd., State of
Israel.

This deal, based on a number of milestone payments, allows ECO to
licence patented research related innovations leading to the development
of a unique long acting injectable florfenicol product to treat swine
bacterial respiratory disease with a single dose. Florfenicol is an
antimicrobial used only in veterinary medicine and the product will
complement both the spectrum of activity and the oral route of
administration of Aivlosin ®, ECO’s patented molecule for the treatment
of economically important diseases in pigs and poultry.

Peter Lawrence, Non-executive Chairman of ECO Animal Health Group plc
said, “Recent market research has indicated that treatment for
respiratory disease accounts for over 40% of antimicrobial treatments in
finishing pigs. We are delighted to have entered this collaboration with
Agrinnovation “.

Dr. Ido Schechter, Agrinnovation CEO said, “We are excited to enter this
collaboration with ECO, which underscores the promise of agricultural
research at Hebrew University and supports our vision of sustainable
agriculture around the world through collaborations between industry and
academic organizations.”

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”).
Upon the
publication of this announcement via a Regulatory Information Service
(“RIS”), this inside information is now considered to be in the public
domain.

Contacts:

ECO Animal Health Group plc

Peter Lawrence     020 8336 6190
Marc Loomes 020 8447 6906
Spiro Financial
Anthony Spiro 020 8336 6196
N+1 Singer (Nominated Adviser) 020 7496 3000
Mark Taylor, Brough Ransom
Peel Hunt LLP (Joint Broker)
James Steel, Dr Christopher Golden 020 7418 8900
 

—————————————————–

About ECO Animal Health Ltd

ECO Animal Health based in London U.K. is a leader in the development,
registration and marketing of pharmaceutical products for global animal
health markets. Its products for these growth markets promote well-being
in animals and include the novel antimicrobial, Aivlosin®, as well as a
range of generic therapeutic products.

About Agrinnovation (Yissum) L.P.

Agrinnovation is a limited partnership affiliated with Yissum Research
Development Company of the Hebrew University of Jerusalem Ltd., State of
Israel, entitled to invest in, develop and commercialise projects in the
field of veterinary medicine based on inventions generated by scientists
of the University.

Short Name: ECO Animal Health

Category Code: STR

Sequence Number: 660310

Time of Receipt (offset from UTC): 20181201T094609+0000



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