Its a beauty Tech goose.
No new novel insecticides discovered in 40 years.
Insects become resistant to insecticides after about 40 years.
Jagger and Rathbone have stepped up to the plate and we have the support of the CSIRO who have already done extensive testing and we have come up trumps.
The model here is great. We find the partners (majors) and they fund the development and we obtain royalties on sales which are on average 5% p.a. Our IP is strong thanks to having Robert Klupacs who has been driving the company to this level and is a registered patent attorney with heaps of experience in the biotech world.
Ann: Bio-Gene Appoints Mr. Doug Rathbone as Advisor, page-5
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