ECO Animal Health Group (EAH)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

117.43p
   
  • Change Today:
    -0.57p
  • 52 Week High: 120.00
  • 52 Week Low: 84.00
  • Currency: UK Pounds
  • Shares Issued: 67.74m
  • Volume: 11,877
  • Market Cap: £79.55m

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 117.43p
Change Today -0.57p
% Change -0.48 %
52 Week High 120.00
52 Week Low 84.00
Volume 11,877
Shares Issued 67.74m
Market Cap £79.55m

EAH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.68% below the market average25.68% below the market average25.68% below the market average25.68% below the market average25.68% below the market average
49.02% above the sector average49.02% above the sector average49.02% above the sector average49.02% above the sector average49.02% above the sector average
Price Trend
6.71% above the market average6.71% above the market average6.71% above the market average6.71% above the market average6.71% above the market average
59.26% above the sector average59.26% above the sector average59.26% above the sector average59.26% above the sector average59.26% above the sector average
Income Not Available
Growth
22.54% above the market average22.54% above the market average22.54% above the market average22.54% above the market average22.54% above the market average
58.82% above the sector average58.82% above the sector average58.82% above the sector average58.82% above the sector average58.82% above 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 15-May-2024

Time Volume / Share Price
14:49 1,647 @ 118.40p
14:12 173 @ 116.72p
13:20 5,000 @ 117.13p
12:00 42 @ 118.45p
10:44 548 @ 118.45p

EAH Key Personnel

CFO Christopher Wilks
CEO David Hallas

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