Pork CRC Options Extended by 12 Months
The Options were originally issued to the Pork CRC on 18th September 2015, with an exercise price of $0.50 and expiry of 18th September 2017. A new expiry date of 18th September 2018 has now been set at the original exercise price.
Anatara Chairman and CEO, Dr Mel Bridges said, "The Pork CRC is an important and strategic relationship for Anatara and extending the Option period will enable us to provide the CRC with further incentive to share in the upside of Anatara's commercial success."
The relationship with the Pork CRC enables Anatara to work closely with key players in the Australian pork industry. Active partners and participants in the CRC include the largest Australian pork producers, feed manufacturers, key government and farmer industry bodies, including the CSIRO.
About Anatara Lifesciences Ltd
Anatara Lifesciences (ASX:ANR) develops and aims to partner non-antibiotic, oral products for gastrointestinal diseases in animals and humans where there is significant unmet need and large market opportunity. In May 2018, Anatara granted an exclusive licence to the leading global animal health company, Zoetis Inc., for the worldwide development, manufacturing, distribution and marketing of its lead product Detach as a non-antibiotic approach to aid in the control of diarrhoeal disease (known as scour) in livestock and in horses. Anatara is now focused on developing its human product pipeline for gastrointestinal health applications. For more information, please visit www.anataralifesciences.com.
Anatara Lifesciences Ltd