Embrex Names David Kelly Senior Director Product Management for Inovocox(TM) Coccidiosis Vaccine
01 September 2004 - 11:00PM
PR Newswire (US)
Embrex Names David Kelly Senior Director Product Management for
Inovocox(TM) Coccidiosis Vaccine RESEARCH TRIANGLE PARK, N.C.,
Sept. 1 /PRNewswire-FirstCall/ -- David Kelly recently joined
Embrex, Inc., (NASDAQ:EMBX), The In Ovo Company(R), as Senior
Director Product Management, Inovocox(TM). Mr. Kelly is responsible
for management of and planning for the introduction of the
Inovocox(TM) in ovo (in the egg) coccidiosis vaccine upon approval
from the U.S. Department of Agriculture. He reports to Brian
Hrudka, Vice President of Global Marketing and Vice President of
Latin America. Prior to joining Embrex, Mr. Kelly held the
positions of Director of Poultry Marketing for the Americas and
Worldwide, and Director of U.S. Poultry Sales for Schering Plough.
In these positions he managed coccidiosis control products
including vaccines based on traditional technology. "Embrex's
innovative approach to treating coccidiosis intrigues me because of
its ease of delivery and because it provides a new option to
producers who may want to reduce their reliance on chemical
compounds currently used to treat this harmful parasite," said Mr.
Kelly. "My work will include further analysis of the global
coccidiosis market with an initial focus on the United States,
evaluation of the product's benefits to producers, and how to
commercialize it upon approval from the USDA. I believe this
product has a great deal of potential to benefit to the poultry
industry." Added Mr. Hrudka: "David's knowledge of the coccidiosis
market is second to none and his decision to join the Embrex team
signals to all that Embrex has a product to watch in the
coccidiosis arena. In his previous marketing and sales roles he
became familiar with the needs of poultry producers in the United
States and globally and he took the steps necessary to address
those needs. He will apply these experiences and the knowledge
gained towards an Inovocox(TM) product introduction in the United
States, followed by launches in other countries around the world."
Mr. Kelly holds a bachelor of science degree in Agricultural
Resource Management from Arizona State University and a master's in
international business administration from The American Graduate
School of International Management (Thunderbird). He has extensive
international poultry experience, having worked for leading
companies such as Con Agra, Merial Select and Schering Plough in
the United States and Latin America. Coccidiosis Coccidiosis is a
parasitic disease of a bird's digestive system which interferes
with the growth and nutritional uptake of a bird. Symptoms often
include weight depression, intestinal lesions, diarrhea and
occasional bloody feces. Most producers around the world currently
control this disease by delivering prophylactic amounts of
coccidiostats in the feed and water or by administering vaccines
post-hatch. Embrex's Inovocox(TM) in ovo vaccine will be delivered
to the chick embryo automatically through the company's
Inovoject(R) automated egg injection system. It is made up of live
Eimeria oocysts of four different strains that will be delivered
via a single dose injection before hatch. Embrex estimates that
approximately $350 million each year is spent on coccidiosis
treatments worldwide. About Embrex Embrex, Inc., The In Ovo
Company(R), headquartered in Research Triangle Park, NC, is an
international agricultural biotechnology company engaged in the
development of innovative in ovo (in the egg) solutions that meet
the needs of today's global poultry industry. The company's unique
integration of several scientific and engineering disciplines
enables it to be the leading provider of in ovo, value-added
solutions with its automated injection and detection devices as
well as its select vaccines. For additional information, visit the
company web site at http://www.embrex.com/ . These statements
involve risks and uncertainties that could cause actual results to
differ materially. Risks include without limitation the degree of
growth in the poultry industry in the U.S. and globally,
competition arising in the United States, possible decreases in
production by our customers, avian disease outbreaks in Embrex's
markets, market acceptance and cost of expansion in new geographic
markets and with new products, including the Company's ability to
penetrate new markets and the degree of market acceptance of new
products, the complete commercial development of potential future
products on a cost effective basis, including Gender Sort and
Inovocox(TM), and the ability to obtain regulatory approval of
products. Such approval is dependent upon a number of factors, such
as results of trials, the discretion of regulatory officials, and
potential changes in regulations. Additional information on these
risks and other factors, which could affect the Company's financial
results, is included in the Company's Forms 10-K, 10-Q and other
filings with the Securities and Exchange Commission. Embrex(R),
Bursaplex(R), Newplex(TM), Inovoject(R), Inovocox(TM), Egg
Remover(R), Vaccine Saver(R), and The In Ovo Company(R) are
trademarks of Embrex, Inc. CONTACT: Ellen T. Moore Vice President,
Investor Relations & Corporate Communications (919) 314-2561
DATASOURCE: Embrex, Inc. CONTACT: Ellen T. Moore, Vice President,
Investor Relations & Corporate Communications of Embrex, Inc.,
+1-919-314-2561 Web site: http://www.embrex.com/
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