ECO Animal Health Group (EAH)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 66.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 131.50
  • 52 Week Low: 63.00
  • Currency: UK Pounds
  • Shares Issued: 67.76m
  • Volume: 71,091
  • Market Cap: £44.72m

Eco Animal Health gets positive opinion from EMA on Aivlosin use

By Josh White

Date: Friday 22 May 2020

LONDON (ShareCast) - (Sharecast News) - Eco Animal Health Group announced on Friday that it has received a positive opinion from the European Medicines Agency (EMA) for the use of 'Aivlosin' 625 mg/g water soluble granules for the treatment and metaphylaxis of mycoplasma hyopneumoniae in pigs.
The AIM-traded firm explained that mycoplasma hyopneumoniae is "the most common" primary pathogen in pig respiratory disease, and is a "key instigator" of secondary bacterial and viral pathogens.

It said its patented antimicrobial, Aivlosin, is used under veterinary prescription for the treatment of a variety of "economically important" respiratory and enteric diseases in poultry and pigs.

The European Commission was expected to issue a marketing authorisation within two months of the publication of a positive opinion, the board said.

"Aivlosin offers a safe and highly effective medication for Mycoplasma infections," said chief executive officer Marc Loomes.

"This positive opinion is significant, not only in the European Union, which has 15% of the world's pigs, but for other large international swine markets as this indication is rolled out.

"Whilst we bring forward our new product development programme, particularly around vaccines, it is important to note that Aivlosin's approved usage continues to expand across multiple treatment areas and markets."

At 1548 BST, shares in Eco Animal Health Group were up 5.32% at 208p.

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EAH Market Data

Currency UK Pounds
Share Price 66.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 131.50
52 Week Low 63.00
Volume 71,091
Shares Issued 67.76m
Market Cap £44.72m

EAH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.76% below the market average57.76% below the market average57.76% below the market average57.76% below the market average57.76% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
66.87% below the market average66.87% below the market average66.87% below the market average66.87% below the market average66.87% below the market average
34.69% below the sector average34.69% below the sector average34.69% below the sector average34.69% below the sector average34.69% below the sector average
Income Not Available
Growth
34.19% below the market average34.19% below the market average34.19% below the market average34.19% below the market average34.19% below the market average
47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

EAH Dividends

  Latest Previous
  Final Final
Ex-Div 23-Sep-21 26-Sep-19
Paid 22-Oct-21 16-Oct-19
Amount 1.00p 7.04p

Trades for 21-Nov-2024

Time Volume / Share Price
15:56 25,000 @ 64.00p
16:20 4,664 @ 63.77p
15:22 1,225 @ 63.77p
15:19 11,058 @ 64.05p
14:26 6,111 @ 65.30p

EAH Key Personnel

CFO Christopher Wilks
CEO David Hallas

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