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The
Biopesticide
Solutions line of business is
our core area and we will offer Bt
toxins and performance enhancement
proteins for use by the row and high
value crop industries, the forest pest
control market and public health
agencies. The total available market for
this class of biopesticides is $160
million with annual growth rates ranging
from 6% in mature markets to 15% in
emerging markets. Ultimately, we will
develop a biopesticide portfolio that
effectively competes against the
chemical pesticides. Our strategy for
this line of business is to formulate
and produce products for sale in the
near-term. Additionally, we will seek
out other partnerships in order to
utilize other Bt toxins with our
performance enhancement technology. |