IMU 9.26% 5.9¢ imugene limited

pig vacine

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    1ASX ANNOUNCEMENT New Vaccine For Major Pig Disease Completes Successful Animal Trials
    April 29th, 2004, Sydney:
    Imugene today announced that recently completed animal trials have proven the
    efficacy of a new vaccine developed by Imugene for controlling one of the worlds
    major pig diseases.

    The successful pig trials demonstrated that the vaccine prevented the disease
    known as Porcine Reproductive & Respiratory Syndrome (PRRS) in all
    vaccinated pigs. This disease is one of the most economically important diseases
    of pigs worldwide and currently available vaccines have limited efficacy.

    The search for an effective vaccine has been a major focus of research by
    animal health companies in all major pig producing countries. There has been
    significant difficulty in developing safe and effective vaccines using existing
    scientific methodology. The basis for the efficacy of the new Imugene PRRS
    vaccine is the patented "Adenoviral Delivery Vector".

    Preliminary estimates indicate an effective PRRS vaccine would earn revenue of
    up to US$100 million pa. If eradication programs were introduced, revenue could
    be as much as US$200-300million pa. The total market size for a PRRS vaccine
    is difficult to estimate accurately, as the incidence of the disease is increasing.
    Estimates of the current economic impact of PRRS on pig producers range
    between US$0.5 - 1 billion pa.

    Imugene Managing Director Dr Warwick Lamb said "These trials are a major
    success for Imugene. The preliminary results indicate our vaccine is highly
    effective in protecting pigs exposed to PRRS. One of Imugene's key strategies is
    to develop effective vaccines against emerging diseases or diseases for which
    effective vaccines are lacking. New effective vaccines against these diseases
    generally have rapid market acceptance with high market penetration. The trial
    success for our PRRS vaccine is a significant and valuable addition to our
    "Adenoviral Vector Delivery" product portfolio."

    The PRRS vaccine has now moved into the full product development and
    commercialisation process.
 
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