IMU 0.00% 5.9¢ imugene limited

Report in today's Australian Life...

  1. 27 Posts.
    Report in today's Australian Life Scientist
    http://www.biotechnews.com.au/index.php?id=1494073475&eid=-2

    ============================================

    Biotech briefs
    Imugene to commercialise, Viralytics to present, Solbec eyes expansion
    Dylan Bushell-Embling 09/09/2008 15:07:00

    Animal health company Imugene [ASX: IMU] has reported small losses this financial year, but has made progress towards commercialising two products.

    The company recorded a net loss of $1.9 million, and a net cash outflow of $1.2 million, and the company said it has developed two animal vaccines with healthy earning potential.

    The first, a vaccine for porcine reproductive and respiratory syndrome (PPRS), has been tested and the company is currently seeking licensees. Imugene will soon undergo final trials of the second, a vaccine for coccidiosis in chickens, which will be tested to determine the optimal dosage.
 
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