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Neogen Corporation Signs Exclusive Licensing Agreement with Senestech, Inc

Awardee Story Neogen Corporation Signs Exclusive Licensing Agreement with Senestech, Inc
Date: Jun 16, 2014

Source: Bloomberg ( click here to go to the source)

Neogen Corporation announced that it has signed an exclusive licensing agreement with SenesTech Inc. to manufacture and market a rodent control product that uses fertility control to manage rat populations. The innovative product would complement Neogen's existing portfolio of rodenticides. With the new technology, chronic rat infestations could be managed using a combination of currently existing rodenticides to provide an initial short-term drop in population, followed by the use of the fertility control product to manage the population over the longer term. Neogen expects to develop a market-ready product within a year. The new rodent control technology also requires registration from the U.S. Environmental Protection Agency; that registration is expected in 2014. SenesTech believes its technology is the first of its kind. The technology is based on the development of species-specific protocols to chemically accelerate senescence, or premature aging.
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