Hester Biosciences Nepal launches a Live Thermo-tolerant PPR Vaccine

Hester Biosciences Nepal has successfully developed and launched its Live Thermo-tolerant PPR (Peste Des Petits) Vaccine - Nigerian 75/1 Strain, under the brand name Live Thermovac PPR Vaccine*.

Hester Nepal recently got the regulatory approval and marketing authorisation from Department of Drug Administration (DDA), Nepal, for its commercial production and marketing. The vaccine has also been tested for thermo-stability and has received a quality certification from The Pan African Veterinary Centre of the African Union (AU-PANVAC).

Hester is now geared up for commercial production and marketing of its thermo-tolerant PPR vaccine from December 2020. The vaccine will be available in packs of 25, 50 and 100 doses.

PPR or Small Ruminant Plague is a disease of sheep and goat, with a significant impact on the livelihoods and food security of small livestock keepers across the globe, wherein 1.44 billion small ruminants are at risk and on an average 30 million animals are affected annually.

As most of the small ruminant keepers are in rural areas, the thermo-tolerant characteristic of this vaccine will ensure safe delivery of a stable vaccine in remote areas of the world where cold chain maintenance is a challenge. The thermo-tolerant vaccine could overcome the last-mile-delivery challenges.

Through FAO & OIE, global efforts are being made to eradicate PPR disease in small ruminants by 2030 through vaccination.

The development of this Thermo-tolerant PPR vaccine puts Hester at the forefront of the global fight for the eradication of PPR.

In March 2019, Hester Biosciences Nepal collaborated with the USAID (US Agency for International Development) for innovation to commercialise a thermo-tolerant version of the PPR Vaccine, developed by Tufts University. The training and technical inputs were given by the scientists of Tufts university to ensure swift transfer of technology to develop the vaccine.

Hester India as well as Hester Nepal have already been manufacturing the standard (non thermo-tolerant) PPR vaccine since over 5 years. The thermo-tolerant PPR vaccine will add to its range for a specific rural and backyard market mainly covering small holder livestock keepers, worldwide.

Shares of HESTER BIOSCIENCES LTD. was last trading in BSE at Rs.1797.95 as compared to the previous close of Rs. 1840.8. The total number of shares traded during the day was 945 in over 251 trades.

The stock hit an intraday high of Rs. 1845 and intraday low of 1788.55. The net turnover during the day was Rs. 1707612.

*Live Thermovac PPR Vaccine is a brand name of Hester

Source : Equity Bulls

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