13 November 2007
ECO Animal Health Group plc
(formerly Lawrence plc)
NEW EUROPEAN REGISTRATIONS FOR ECOMECTIN® HORSE PASTE
In November 2006 the Irish Medicines Board approved our Ecomectin® Horse Paste
dewormer. At that time we indicated that we would use the European Mutual
Recognition Procedure (MRP) to obtain further marketing authorisations for the
Horse Paste. We are now pleased to advise that these new marketing
authorisations have been granted in a further sixteen countries of the European
Union. This will allow ECO to build upon the success of the Irish licences.
Ecomectin® Horse Paste is licensed for the treatment of adult and immature
roundworms and bots in horses. Recent market data places ECO as a leading
supplier of horse wormers in Ireland.
Peter Lawrence, Chairman of ECO Animal Health Group plc, commented:
"We are delighted with this news. The treatment of internal parasites in horses
is the largest equine veterinary market in Europe. We estimate that the segment
served by Ecomectin® Horse Paste has a total value in the region of £25
million."
Contacts:
ECO Animal Health Group plc Peter Lawrence 020 8336 6190
Spiro Financial Anthony Spiro 020 8336 6196
Charles Stanley Securities Philip Davies 020 7149 6224
(Nominated Advisor)
ECO Animal Health Group plc is a leader in the development, registration and
marketing of pharmaceutical products. Our products for these global growth
markets promote well being in animals. Our financial goals are achieved through
the careful and responsible application of science to generate value for our
shareholders.
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