Agri-Nutrition Group Signs License to Manufacture and Market Agreement With PharmX, Inc.MARYLAND Maryland (mâr`ələnd), one of the Middle Atlantic states of the United States. It is bounded by Delaware and the Atlantic Ocean (E), the District of Columbia (S), Virginia and West Virginia (S, W), and Pennsylvania (N). HEIGHTS, Mo.--(BUSINESS WIRE)--June 8, 1998-- Agri-Nutrition Group Limited (Nasdaq/NM:AGNU AGNU Asociación Guatemalteca pro Naciones Unidas (Spanish) AGNU Association Guinéenne pour les Nations Unies ) today announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , St. JON Laboratories, has entered into an exclusive License to Manufacture and Market Agreement with PharmX, Inc. Under the terms of the agreement, St. JON was granted the world-wide rights to manufacture and market a line of palatable pal·at·a·ble adj. 1. Acceptable to the taste; sufficiently agreeable in flavor to be eaten. 2. Acceptable or agreeable to the mind or sensibilities: a palatable solution to the problem. medications for companion animals developed by PharmX, Inc. Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. G. Baker, president and chief executive officer of AgriNutrition Group Limited, said, "We are excited about this agreement which allows us to expand our product offering while also giving us access to PharmX's alternate drug delivery technology and product development. This agreement demonstrates our commitment to license or acquire additional products which strengthen our core business in the animal health care market. We look forward to working with PharmX in identifying opportunities and applying this technology to other medications. The agreement includes the manufacturing and marketing rights for the products Palaprin(TM), PalaBIS(TM) and Palapectate(TM)." PharmX, Inc. is a Maine-based research, development and manufacturing company specializing in delivery systems for animal health products including palatable medications for companion animals and alternative delivery systems for innovative administration of vaccines to domestic and food animals. Agri-Nutrition Group Limited produces, markets and distributes a wide variety of health, grooming Combining, consolidating and segregating network traffic using devices such as digital cross-connects, add/drop multiplexers and SONET switches. Grooming is a telephone term that typically refers to managing high-capacity lines between central offices, carriers, ISPs and very large , and nutritional products for the pet industry through its Pet Health Care Division as well as pet, animal health and chemical specialty products through its PM Resources private label/contract manufacturing division. The Company selectively seeks and evaluates acquisition and alignment Alignment is the adjustment of an object in relation with other objects, or a static orientation of some object or set of objects in relation to others.
CONTACT: Agri-Nutrition Group Limited, Maryland Heights
Robert J. Elfanbaum, 314/298-7330
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