Jennifes replyHello Dr. ____
Itis our understanding that studies are indeed underway in the U.S.involving the Epitopix vaccine. I cannot comment on the results.
The "protecting your brand" marketing strategy being used with Econiche in Canadahas some traction, however, Canada has much less "branded product" thanthe U.S. Over half of the beef products sold in the U.S. are brandedproducts and we have seen significant interest from within specificbrands in the U.S. to implement vaccination as a risk reductionstrategy. This interest has increased given the rejection by the USDA ofa petition filed in support of whole carcass irradiation, a technologybeing pursued by Cargill and other companies to reduce risk.
Bioniche continues to very closely monitor international opportunities for government mandating of E. coli O157 vaccination. The Company has been in contact with government and/or industry leaders in
Withregard to your questions about the animal health business, significantactivity is taking place behind the scenes to identify and analyzepotential acquisition opportunities. As firm plans are made around theseopportunities, we will publicly share the details. Our year-endfinancial results will be reported on September 14th, so there will be an opportunity to provide an update on corporate progress at that time.
Interms of a share buyback program, we have considered this. At thistime, our resources are committed to the programs we have publiclyoutlined, and we continue to believe that these programs will producemore accretive results for shareholders over time than a share buybackprogram.
Together with generally poor market conditions over thepast few months, we think that low trading volume and lack of activityis contributing to the declining share price. We hope that this will berectified as news flow is generated.
On that front, we willprovide updates as we execute against our stated objectives. We hope toprovide such information over the next few months.
Sincerely,
Jennifer
Email: /us.mc1612.mail.yahoo.com/mc/compose?to=Jennifer.Shea@Bioniche.com" target="_blank" rel="nofollow">Jennifer.Shea@Bioniche.com
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