Chemeq shares jump as first order shipped

By Melissa Trudinger
Wednesday, 06 October, 2004

Chemeq shares jumped 46 per cent today after the company announced that it had shipped its first order of its polymeric anti-microbial product to South Africa for use in poultry.

"This marks the beginning," said the company in a statement to the market.

The product, which due to its priority was manufactured in Chemeq's APVMA-approved pilot facility, was an order in addition to a previously announced sale for AUD$1.5 million, which is conditional on the upcoming approval of the new manufacturing facility by the APVMA.

The company also announced that a US patent for manufacturing and marketing of Chemeq's product had been granted, extending the protection to 2020.

Related News

'Low-risk' antibiotic linked to rise of dangerous superbug

A new study has challenged the long-held belief that rifaximin — commonly prescribed to...

Robotic hand helps cultivate baby corals for reef restoration

The soft robotic hand could revolutionise the delicate, labour-intensive process of cultivating...

Stem cell experiments conducted in space

Scientists are one step closer to manufacturing stem cells in space — which could speed up...


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd