IMU 3.51% 5.5¢ imugene limited

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    world's leading animal health company Duluth, Georgia USA /Sydney, Australia — Imugene Limited (ASX Code - IMU) an Australian Biotech company specializing in biological animal health products, and Merial Limited, one of the world's leading animal health companies today announced the signing of three commercial contracts, which could lead to innovative products for food producing animals based on a novel technology platform.

    The contracts have been agreed between Merial and VectoGen, a production animal biotechnology company recently acquired by Imugene. Two of these contracts are evaluation and sublicense option agreements for products utilizing the Imugene Group's patented adenoviral vector to treat or prevent several important diseases of poultry. The third contract is for the evaluation of the vector for the possible development of a vaccine for the prevention of viral diseases in pigs.

    The contracts also provide for the evaluation of biologically based products including productivity enhancers and vaccines to prevent diseases. The products are residue free and do not contribute to antibiotic resistance, an emerging problem worldwide
 
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