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Croatia's Veterina Invests into Vaccine Development

Dec 16, 2009, 2:13:14 PMArticle by Kire Nedelkovski
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December 16 (SeeNews) - Croatian drug producer Veterina, part of local Genera Group, has signed an agreement for the development of six vaccine strains with Dutch-based laboratory Gezondheidsdienst voor Dieren, Genera said.

Croatia's Veterina Invests into Vaccine Development

The value of the deal was not disclosed.

The signing of this agreement represents a new development phase of Veterina, in which significant financial means are invested into the development of vaccines, the group said in a statement.

Genera's shares were traded at 60 Croatian kuna ($12/8.0 euro) by 1030 GMT on Wednesday, 4.76% down from the previous close.

(1 euro=7.2851 Croatian kuna)

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