- Arizona-based SenesTech has developed a portfolio of rodent birth control products as a very effective alternative to deadly poisons often used to control rat populations
- SenesTech’s most recent product rollout is a soft bait formulation of its Birth Control for Rats(TM) branded Evolve(TM), in response to pest management businesses that prefer solid baits to SenesTech’s initial liquid products
- The company recently announced a partner agreement with grain management market distributor Poppe Enterprises to stock Evolve(TM) at outlets in states from North Dakota to Kansas and Colorado, following on the heels of a similar agricultural distribution agreement with a global irrigation solutions company
From New Orleans (https://ibn.fm/MyxuC) to Michigan (https://ibn.fm/nBfPB), eastward to Massachusetts (https://ibn.fm/1sMU1), and across the Atlantic to Europe (https://ibn.fm/6lMiL), concerns about confronting rats in the world’s cities continue to occupy news reports. But rats cause even more damage in agriculture.
Rodent pest control enterprise SenesTech (NASDAQ: SNES) is based in Arizona has begun to establish a global reach for its innovative Birth Control for Rats(TM) products, and the company is expanding its operations within agricultural sectors where rodent predation may otherwise have costly effects on food markets.
On Jan. 29, SenesTech announced the signing of a distribution agreement with Poppe Enterprises LLC for the grain management market. Poppe Enterprises will be a stocking distributor for SenesTech’s Evolve(TM) soft bait in the outlets it serves in Nebraska, South Dakota, North Dakota, Kansas, Wyoming, Iowa, and Colorado, according to the announcement.
“We are partnering with a leader and innovator in grain management and pest control,” SenesTech President and CEO Joel Fruendt stated (https://ibn.fm/K4hrs). “Poppe Enterprises has a keen focus on innovation, safety, and sustainability, and a strong reputation in this substantial market. Their presence and market knowledge will mean immediate penetration of the Evolve product.”
SenesTech’s Evolve(TM) soft bait delivers a cottonseed oil formulation that inhibits fertility in both male and female rats, using a highly palatable and effective alternative to deadly poisons. While Evolve(TM) can also work in concert with poisons to stop rodents from breeding and then to eliminate the rodents altogether, poisons can’t be broadcast in agricultural settings and the use of traps has limited effectiveness.
SenesTech’s agreement with Poppe Enterprises follows close on the heels of its agreement with a global sustainable irrigation solutions company to introduce Evolve(TM) to a California dairy and almond growing customer, with an eventual expansion goal to other customers around the world (https://ibn.fm/RMAhh).
Evolve(TM) is the latest entry into SenesTech’s portfolio of rat fertility control products. The company’s liquid bait formulation ContraPest(R) was the first rat contraceptive registered with the U.S. Environmental Protection Agency (“EPA”) that affects both male and female rats, and the company remains unchallenged in that regard.
The introduction of Evolve(TM) in October marked a new era for the company in response to pest management businesses that prefer solid baits they’re already equipped to use, as opposed to liquid formulations that are used far less often.
Market analysts at Straits Research valued the global rodent control market size at $2.86 billion in 2022 with an anticipated CAGR of 6.19 percent between 2023 and 2031, when it is expected to reach $4.9 billion (https://ibn.fm/3tkW2). MarketsandMarkets analysts valued their estimates at $5.4 billion in 2022, with an expected CAGR of 5.8 percent through 2027 lifting the market to a $7.1 billion valuation by that year (https://ibn.fm/39cX6).
For more information, visit the company’s website at www.SenesTech.com.
NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES
MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.
MIR is where breaking news, insightful content and actionable information converge.
For more information, please visit www.MissionIR.com
MissionIR is powered by IBN