Pork CRC Options Extended by 12 Months
Brisbane, Sep 13, 2017 AEST (ABN Newswire) - Anatara Lifesciences Limited (
ASX:ANR) has today undertaken to extend by 12 months the expiry date of 250,000 Options which Anatara issued to the Pork Cooperative Research Centre (CRC) in 2015.
The Options were originally issued to the Pork CRC on 18th September 2015, with an exercise price of $0.50 and expiry of 18th September 2017. A new expiry date of 18th September 2018 has now been set at the original exercise price.
Anatara Chairman and CEO, Dr Mel Bridges said, "The Pork CRC is an important and strategic relationship for Anatara and extending the Option period will enable us to provide the CRC with further incentive to share in the upside of Anatara's commercial success."
The relationship with the Pork CRC enables Anatara to work closely with key players in the Australian pork industry. Active partners and participants in the CRC include the largest Australian pork producers, feed manufacturers, key government and farmer industry bodies, including the CSIRO.
About Anatara Lifesciences Limited
Anatara Lifesciences Limited (ASX:ANR) is developing and commercialising innovative, evidence-based products for gastrointestinal health where there is significant unmet need. Anatara is a life sciences company with expertise in developing productsfor human and animal health. Anatara is focused on building a pipeline of human gastrointestinal health products. Underlying this product development program is our commitment to delivering real outcomes for patients and strong value for our shareholders.
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