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Stock impact report

US DoD grants $2.3m to Immuron for military version of anti-diarrhoeal Travelan [Yahoo! Finance]

Immuron Limited - American Depositary Shares (IMRN) 
Company Research Source: Yahoo! Finance
The financing will fund a new agreement with the Naval Medical Research Command and Walter Reed Army Institute of Research, the latter being the largest biomedical research facility overseen by the DoD. The aim of the collaboration is to develop an enhanced formulation of Travelan for military use against pathogens that cause diarrhoea, according to a 16 August press release. The new version will target bacterial pathogens Campylobacter, Shigella and Enterotoxigenic E coli strains (ETEC) that are not present in the current product formulation. Travelan is an over-the-counter bovine colostrum product. Bovine colostrum is cow's milk secreted during the first few days after calving and contains a range of immunoglobulins, growth factors, and cytokines that help with immune protection. Travelan is a highly purified tablet preparation that prevents bacteria colonisation in the digestive tract associated with travellers' diarrhoea. The US DoD has already been working with Australia Show less Read more
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