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Business Description: The USDAs 2004 Annual Biology Report states: Development of pesticide resistance and a lack of new classes of pesticides in development have stimulated interest in novel means of tick control that are both environmentally safe and sustainable in the U.S. and in other regions of the world.
In response, Mitam is developing environmentally-friendly and efficient biological formulae for controlling ticks and other parasites, based on entomopathogenic fungi. The biological agent is comprised of unique formulations that contain live spores (conidia) of the fungi. The Companys products are designed to be applied directly to farm animals (cattle, horses, etc.) and pets (dogs and cats), as well as to the animals habitats. The worldwide ectoparasiticides market (flies, fleas, ...mites, lice and ticks) is 2.7 billion a year (Informa Healthcare 01 October, 2007). We assume that the tick market is 50% of that market (1.35B ). Mitam envisions that its environmentally-safe future product portfolio and servises will be integrated as a substantial link of the food production chain and for human welfare using friendly products and technologies.
The Need: A close look at the tick control market reveals a number of products and solutions, most of which are based on chemical formulations (e.g. Amitraz and others). The two main recognized drawbacks of these products are: (a) ticks resistance to the active substance of these compounds, which results from the rapid and constant development of new tick mutations, and (b) toxicity that causes adverse effects and harm to human beings, non-target animals, and to the environment.
Technology: Mitam's exsisting biological control product is based on the fungus Metarhizium anisopliae with a unique formulation that enhances the capability of the fungus to attack ticks on livestock, pets and their environment. The fungus strain was first researched by Dr.M. Samish & Prof.I. Glazer of the Volcani Institute. Mitam has a knowledge transfer agreement with the Volcani Institute. Mitam's innovative application will allow the product to be sprayed directly onto the animals, and/or to be used as a field spray, affecting the animals' entire habitat.
Product Commercialization Strategy: Mitams initial market focus will be in areas where the need is high , have large markets and we expect quick return, such as Africa, Central and South America and Asia. In addition , the company intends to market its product in selected European countries such as Britain, France and Germany, as well as in the US.Furthermore, one of Mitam's uniq and substantial advateges will take place within the Organic Agriculture market which takes a rapidl growth pace lately..
Business Model: The Company will pursue entities operating in the field of prevention of tick expansion and veterinary companies seeking to introduce new biological control products, preferring strategic alliances and distribution agreements.
Strategic Alliances: The Company intends to establish strategic marketing agreements with leading veterinary pharmaceutical companies. Such potential partners include leading providers of insecticides such as Shering-Plough, Fort Dodge, Pfizer, Intrevet, Elanco, Bayer, Merck and others. The Company also will cooperate with medium-size companies that have established distribution channels in specific markets.
Patents & Regulations: An application for a U.S Provisional Patent was submitted, followed by a PCT application. The application for regulation approval has begun.
Target Markets: Mitam's initial market sector will be cattle farms. Due to the rise of beef consumption in Asia and South America. The habitat market sector (field spray) has not yet been evaluated, due to the novelty of the method, but is estimated in billions of dollars, due to the option of spraying domestic, farm and forest field habitats. Mitam's product has a substantial relative advantage for organic animal producers since spraying cattle with chemical based pesticides may harm the ground and the environment in general. At the second stage Mitam will enter the pet market. Mitam will also develop products that are environmentally- friendly against termites, trips, loci, etc.
Outlook: Mitam will begin sales in 2010, initially to cattle farms in tropical and sub-tropical areas, followed by expansion to cattle in other areas, sheep and goats and the promising growing pets market. Read more
In response, Mitam is developing environmentally-friendly and efficient biological formulae for controlling ticks and other parasites, based on entomopathogenic fungi. The biological agent is comprised of unique formulations that contain live spores (conidia) of the fungi. The Companys products are designed to be applied directly to farm animals (cattle, horses, etc.) and pets (dogs and cats), as well as to the animals habitats. The worldwide ectoparasiticides market (flies, fleas, ...mites, lice and ticks) is 2.7 billion a year (Informa Healthcare 01 October, 2007). We assume that the tick market is 50% of that market (1.35B ). Mitam envisions that its environmentally-safe future product portfolio and servises will be integrated as a substantial link of the food production chain and for human welfare using friendly products and technologies.
The Need: A close look at the tick control market reveals a number of products and solutions, most of which are based on chemical formulations (e.g. Amitraz and others). The two main recognized drawbacks of these products are: (a) ticks resistance to the active substance of these compounds, which results from the rapid and constant development of new tick mutations, and (b) toxicity that causes adverse effects and harm to human beings, non-target animals, and to the environment.
Technology: Mitam's exsisting biological control product is based on the fungus Metarhizium anisopliae with a unique formulation that enhances the capability of the fungus to attack ticks on livestock, pets and their environment. The fungus strain was first researched by Dr.M. Samish & Prof.I. Glazer of the Volcani Institute. Mitam has a knowledge transfer agreement with the Volcani Institute. Mitam's innovative application will allow the product to be sprayed directly onto the animals, and/or to be used as a field spray, affecting the animals' entire habitat.
Product Commercialization Strategy: Mitams initial market focus will be in areas where the need is high , have large markets and we expect quick return, such as Africa, Central and South America and Asia. In addition , the company intends to market its product in selected European countries such as Britain, France and Germany, as well as in the US.Furthermore, one of Mitam's uniq and substantial advateges will take place within the Organic Agriculture market which takes a rapidl growth pace lately..
Business Model: The Company will pursue entities operating in the field of prevention of tick expansion and veterinary companies seeking to introduce new biological control products, preferring strategic alliances and distribution agreements.
Strategic Alliances: The Company intends to establish strategic marketing agreements with leading veterinary pharmaceutical companies. Such potential partners include leading providers of insecticides such as Shering-Plough, Fort Dodge, Pfizer, Intrevet, Elanco, Bayer, Merck and others. The Company also will cooperate with medium-size companies that have established distribution channels in specific markets.
Patents & Regulations: An application for a U.S Provisional Patent was submitted, followed by a PCT application. The application for regulation approval has begun.
Target Markets: Mitam's initial market sector will be cattle farms. Due to the rise of beef consumption in Asia and South America. The habitat market sector (field spray) has not yet been evaluated, due to the novelty of the method, but is estimated in billions of dollars, due to the option of spraying domestic, farm and forest field habitats. Mitam's product has a substantial relative advantage for organic animal producers since spraying cattle with chemical based pesticides may harm the ground and the environment in general. At the second stage Mitam will enter the pet market. Mitam will also develop products that are environmentally- friendly against termites, trips, loci, etc.
Outlook: Mitam will begin sales in 2010, initially to cattle farms in tropical and sub-tropical areas, followed by expansion to cattle in other areas, sheep and goats and the promising growing pets market. Read more
Art der veterinären Produkte
- Anti parasite control
Kategorie
- Produktion veterinärer Produkte
Tiere
- Rinder
- Ziegen
- Pferde
- Hunde
- Schafe
- Katzen