Apiam Animal Health: Secures viral vaccine lab funding

Apiam Animal Health Secures viral vaccine lab funding

• Apiam Animal Health (AHX) receives a $700,000 grant to build a new viral vaccine laboratory in Bendigo from the Victorian State Government’s Regional Jobs Fund
• The funding will enable the company to fast track development of the facility
• AHX said producing viral vaccines locally will fill a critical gap in Australia’s animal health market, with a strong potential for future exports
• It will enable the company to fast track development of the lab and fill a need within the domestic agricultural industry to battle a range of endemic and emerging viruses
• This includes Japanese Encephalitis, which is currently affecting the domestic pig segment
• Shares close flat today at 85 cents each