30 June 2008
ECO Animal Health Group plc
(formerly Lawrence plc)
New Aivlosin® approval for poultry in Europe
ECO Animal Health Group plc is pleased to announce that its subsidiary Eco
Animal Health Limited (ECO) has been granted a marketing authorisation from the
European Commission for Aivlosin® granules for oral solution. The Aivlosin®
granules dissolve readily in drinking water thus enabling the accurate and
simultaneous treatment of large numbers of chickens.
This marketing authorisation allows Aivlosin® to be marketed in Europe for the
treatment and prevention of mycoplasmal respiratory disease in chickens, a
segment estimated to be worth in the region of US $18 million at manufacturer
level.
ECO is targeting a significant share of this market segment and will sell
directly in the two major EU poultry producing markets of France and the UK.
Several national distributors, selected for their local market knowledge, have
been appointed in other EU territories.
The European Commission's granting of this marketing authorisation is another
important step in ECO's continuing development of Aivlosin®, its patented
macrolide antibiotic. The authorisation will further extend the marketing reach
of Aivlosin® as a global veterinary product used for the treatment of
respiratory and enteric diseases in pigs and poultry.
Contacts:
ECO Animal Health Group plc Marc Loomes 020 8447
8899
Spiro Financial Anthony Spiro 020 8336 6196
Cenkos Securities plc Stephen Keys 020
7397 8926
(Nominated Adviser) Elizabeth
Bowman 020 7397 8928
ECO Animal Health Group plc is a leader in the development, registration and
marketing of pharmaceutical products for animals. Our products for these global
growth markets promote well-being. Our financial goals are achieved through the
careful and responsible application of science to generate value for our
shareholders.
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