REACH
AIM: FIPP
05
September 2024
Frontier IP Group
plc
("Frontier IP" or the
"Group")
Portfolio news - The Vaccine
Group leads project awarded £1 million by UK government to combat
bacterial infection in pigs
Frontier IP, a specialist in
commercialising intellectual property, today notes the following
announcement from the University of Plymouth that a new project
including portfolio company The Vaccine Group ("TVG" or the
"Company") has been awarded more than £1 million to develop a
vaccine against a widespread, harmful and zoonotic pig disease. The
research is being supported by a grant from the Department for
Environment, Food & Rural Affairs ("Defra") Farming Innovation
Programme, delivered by Innovate UK.
Led by TVG, the University of
Plymouth and the University of Cambridge, the project will seek to
develop a vaccine to combat Streptococcus suis ("S.suis"). The
vaccine aims to provide cross-protection against different strains
of the disease.
S. suis is a bacterial disease that
reduces pig farming productivity. It is endemic in the global pig
population, estimated at 780 million strong, and affects up to 60
per cent of pig farms in European countries. It can jump from pigs
to humans causing meningitis, septicaemia and other
symptoms.
There is no vaccine for the disease
that currently protects against different strains, so it is
frequently treated with antibiotics. Effective vaccines that
protect against several strains of the disease will reduce the need
for antibiotics. Frontier IP holds a 17 per cent equity
stake in the Company.
Frontier IP Chief Commercialisation Officer Matthew White
said: "We are delighted that Defra is supporting this important
project. Streptococcus suis can cause significant economic harm to
pig farmers and is potentially fatal to humans. With governments
globally looking to curb antibiotic use, developing effective
vaccines is crucial."
University of Plymouth statement begins:
Scientists trial new vaccine
to tackle bacterial infection in pigs
Streptococcus
suis can cause serious, and often
fatal, disease in pigs and be transferred to humans working with
them
Thursday
05 September 2024
Scientists have been awarded
significant government funding to develop a vaccine that could halt
the development and spread of one of the more common diseases
affecting the UK pig population.
Streptococcus suis is a
bacterial infection that can cause serious, and often fatal,
disease in pigs but can also be transferred to humans working with
them.
It has been shown to affect more than
60% of pig farms in a number of countries across Europe, posing
challenges for both the pork industry and public health.
At present, there are no proven
vaccines addressing the many strains of the disease, with infected
pigs being treated using a number of different
antibiotics.
However, with the UK Government
targeting a 50% reduction in antibiotic use in livestock by 2030 -
and a global drive to reduce the threats posed by antimicrobial
resistance - an effective vaccine is urgently required.
The new project - led by The Vaccine
Group, the University of Plymouth, and the University of Cambridge
- aims to deliver that.
It will assess whether a vaccine
candidate already shown to be effective against the most common
strain of the disease can in fact protect pigs - and thereby
prevent transmission to humans - against multiple, if not all,
known strains.
The research is being supported by a
grant of just over £1million from Defra's Farming Innovation
Programme, delivered by Innovate UK.
Dr
Jeremy Salt, Chief Executive Officer at The Vaccine Group,
said: "For pig farmers across the
UK, Streptococcus suis is a major cause for concern and can lead to
significant losses - both in terms of animals and financially. As a
zoonotic infection, there is also the risk of the disease being
passed on to humans working in the industry. Our goal in developing
an effective vaccine is stop the bacterial infection from
developing in pigs and humans in the first place. By doing so, we
can better protect the farmers, their animals and their
livelihoods. We can also make pork production more efficient,
humane and sustainable, at the same time helping the sector address
the global challenges of antibiotic resistance and carbon
emissions."
The project brings together
world-leading experts in vaccine development, antimicrobial
resistance and veterinary medicine.
It will build on previous research by
The Vaccine Group and the University of Plymouth, through which the
potential candidate for the Streptococcus suis vaccine was
identified.
It works by administering a harmless
virus which in turn generates greater quantities of proteins that
induce an immune response in the animals.
The new trials, carried out in
conjunction with animal health specialists at Moredun Scientific
Ltd, will explore its potential to protect against different and
emerging strains of the disease.
The research team will also engage
directly with the pig farming community, to ensure the vaccine not
only meets their requirements but can also be administered in an
efficient and cost-effective manner.
University of Plymouth statement ends
ENQUIRIES
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Frontier IP Group Plc
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T: 020 7332 2338
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Neil Crabb, Chief
Executive
Andrew Johnson, Communications and
investor relations
andrew.johnson@frontierip.co.uk
Company
website: www.frontierip.co.uk
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neil@frontierip.co.uk
M: 07464 546 025
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Allenby Capital Limited (Nominated
Adviser)
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T: 0203 328 5656
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Nick Athanas / George
Payne
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The
Vaccine Group
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Jeremy.salt@thevaccinegroup.co.uk
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Jeremy Salt, CEO
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About The Vaccine Group
TVG was founded in 2017 to
develop and commercialise animal vaccines and biotherapeutics based
on the recombinant vaccine technology work of Dr Michael
Jarvis, Associate Professor in Virology and Immunology at the
University of Plymouth's School of Biomedical Sciences.
Through a mixed funding model of
public grants, commercial funding and private equity, TVG has
established a pipeline of projects that address infectious and
chronic diseases in animals that have a serious commercial impact
on livestock production, or affect quality or longevity of life in
companion animals.
Due to the earlier
ability to test animal vaccines in their intended host, and
the relative speed at which animal compared to human product
development, the animal health market is increasingly seen as a
highly valuable market for investment.
About Frontier IP
Frontier IP unites science,
finance and industry by identifying strong intellectual property
and accelerating its development through a range of
commercialisation services. A critical part of the Group's work is
involving relevant industry partners at an early stage of
development to ensure technology meets real world demands and
needs.
The Group looks to build and grow a
portfolio of equity stakes and licence income by taking an active
involvement in spin-out companies, including support for fund
raising and collaboration with relevant industry partners at an
early stage of development.
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