Indonesia faces 170 million loss due to bird flu
date: 25 08, 2006
Indonesia is facing a US $170 million financial loss due to extermination of huge numbers of birds and poultry since the outbreak of avian flu in its territory in 2003.
Foreign Affairs Ministry ASEAN cooperation Director General Dian Triansyah Djan said the figures did not cover humanitarian losses and therapy expenses and added that the disease created a crisis in the Indonesian meat and poultry sector. He said that losses in the sector reach US $1.2 billion due to halt of poultry exports. Sixty infection cases have been recorded so far including 50 deaths, he added. This means that Indonesia has the highest bird flu death count in the world. Twenty five countries and international organizations have committed to offering morale and financial aid thought to reach US $1.9 billion. Meanwhile, ASEAN Secretary General Special Assistant Azmi Mat Akhir said that only three ASEAN countries, Singapore; Brunei and the Philippines, were bird flu free. New cases of the H5N1 virus are still discovered in Cambodia, Laos and Malaysia, he said.
===================================
TWO AVIAN INFLUENZA VACCINE CANDIDATES FINALISED.
POULTRY EFFICACY TRIALS TO PROCEED
The Avian Influenza (Bird Flu) vaccine candidates have been developed in Imugene’s
new laboratory and are now ready for challenge trials in chickens.
Sydney, Australia: Imugene Limited (ASX:IMU) has successfully completed laboratory
development of two avian influenza (H5N1 strain/bird flu) vaccine candidates. These
vaccine candidates are now ready for challenge trials in chickens to confirm efficacy in
protecting chickens from avian influenza.
The trial vaccines utilise Imugene’s proven Adenoviral Delivery Vector technology to
deliver the necessary genetic material to stimulate the birds' immune system to protect
against infection with the bird flu virus.
Imugene Managing Director Dr Warwick Lamb said, “the decision to move our laboratory
research work from contract facilities to our own laboratory has paid off with this
outstanding result. Imugene’s chief scientific officer Dr Mike Sheppard has, in a very
short time successfully engineered the vaccine candidates for both the broiler market
and the broiler breeder and egg layer markets.
“The vaccine candidates have been thoroughly verified by a series of in-house and
external tests and are exactly what we want them to be. A pilot trial to test both
candidates in a bird flu challenge trial has been designed and negotiations are underway
to secure a trial facility and starting date.”
The two vaccine candidates differ as the commercial requirements for broilers and
breeders or layers vary. The primary aim for a commercial Bird Flu vaccine for broilers is
to provide immunity early in a bird’s life but the protection need only be short term as
broiler birds typically reach market weight by 42-49 days of age. Layer birds and birds
used for breeding stock for the broiler market require longer lasting immunity. The
vaccine designed for layers and breeders uses two antigens (rather than the single
antigen used in the broiler vaccine) to elicit both antibody and cell mediated immunity.
In April this year, Imugene began developing its own Bird Flu vaccine at its facilities at
La Trobe University. This work focused on developing the two Bird Flu vaccine
candidates using synthetic genetic material produced in Europe.
Page 2 of 3
Major Advantages of the Imugene Vaccine Candidates
An effective vaccine could be used to protect the world’s poultry industry from further
avian influenza outbreaks and halt the spread towards Australia, Europe and the US. A
viable vaccine to control outbreaks must be safe, effective and able to be quickly and
easily administered on a large scale.
The Imugene vaccine candidates use technology that allows authorities to differentiate
between infected and vaccinated birds, a vital consideration for the international poultry
industry.
The vaccine candidates deliver only a portion of the flu genetic material instead of the
whole virus. This makes the Imugene vaccines safe by preventing mutations or
recombination with human flu viruses.
The vaccine candidates generated using the Imugene delivery system are very cost
effective for mass administration to entire poultry sheds and do not require injection of
each bird. “Administering the vaccine to large numbers of birds via the birds’ drinking
water greatly reduces the cost and effort needed to implement large scale injectable
vaccination programs” said Dr Lamb.
The vaccine candidates are specific to the H5N1 strain of avian influenza, but can be
easily and quickly adapted to protect against other strains of influenza.
The above advantages of the Imugene vaccine solve the limitations of existing vaccines
and treatments.
- Forums
- ASX - By Stock
- IMU
- niche market to tapped by imu
niche market to tapped by imu
Featured News
Add IMU (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.8¢ |
Change
0.002(4.35%) |
Mkt cap ! $357.0M |
Open | High | Low | Value | Volume |
4.7¢ | 4.9¢ | 4.6¢ | $977.7K | 20.56M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 3232340 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 854027 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 3232340 | 0.047 |
21 | 4498330 | 0.046 |
33 | 7014309 | 0.045 |
37 | 6583493 | 0.044 |
30 | 3316810 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 854027 | 4 |
0.049 | 3622300 | 15 |
0.050 | 6027470 | 18 |
0.051 | 2006954 | 12 |
0.052 | 2391989 | 13 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online