8th October 2003
Lawrence plc - ECO Animal Health Drug Registrations
In my Chairman's Statement in the Annual Report in July 2003, I
commented on the difficulty in forecasting the precise timing of the
grant of drug registrations. I am therefore delighted to announce that
our ECO Animal Health subsidiary has now received marketing
authorisations through the European Mutual Recognition Procedure for a
further ten important member states of the European Union. These
registrations are for Ecomectin injection for use against parasitic
infections in certain livestock.
This is the largest registration received by ECO Animal Health to date.
These new registrations represent an exciting and very significant
market opportunity for our drug, which is already selling well in a
number of international markets. We expect sales in Europe from these
new registrations to commence in the new year upon completion of the
necessary administrative arrangements. These new registrations will
contribute increasingly to the results for our financial year ending
March 2005 as sales develop.
We are expecting further important drug registrations over the coming
months and as always will keep shareholders advised of progress.
Contacts:
Peter Lawrence
Chairman, Lawrence plc
020 8336 2900
Anthony Spiro
Spiro Financial
020 8949 0428
Lawrence plc is a leader in the development, manufacture and
distribution of principally specialist chemical and pharmaceutical
products for the animal health, farming, fish and domestic pet markets
worldwide. Our products for these growth markets incorporate natural
ingredients to promote well-being and sustainability. We achieve our
financial goals through the careful and responsible application of
science to generate value for our shareholders.
Our recently launched new corporate web site www.lawrenceplc.com
includes our press releases together with general information about the
company and its subsidiaries. Each subsidiary also has a web site, which
gives further information about that business and its products.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.