Executive Summary

Pheronym:

Pheronym is an agricultural biotechnology company developing nontoxic solutions for plant protection. We use pheromones to control the behavior and development of microscopic roundworms called nematodes. The pheromones are water soluble, which makes them suitable for seed treatment. We have two products in the pipeline; PheroCoatTM and NemaStimTM. PheroCoat is a seed treatment that controls plant parasitic nematodes, which do not currently have a good solution.  NemaStim controls beneficial nematodes, soil probiotics, for insect pest control. Currently, we are negotiating greenhouse demonstrations for NemaStim to enter the greenhouse growers market.

Problem:

Without pesticides, there would be 50-80% crop loss globally, representing billions of dollars of financial loss to producers. Farmers have to use pesticides, but toxic chemical pesticides are being removed from the market. There is a clear and huge global need for safe, viable, smart alternatives to control agricultural pests.

Creative Solutions:

Nemastim™, our patented beneficial nematode conditioner, provides a safe and effective way to direct beneficial nematodes to attack target insects in a “pack,” resulting in a 5X insect kill rate as compared untreated nematodes. It is also safe for non-target insects such as pollinators and leaves no harmful residue.

Pherocoat is a patented seed treatment that directs plant-parasitic nematodes away from healthy roots.

Products in the Pipeline:

  • Nemastim™
  • Pherocoat™
  • Pherocall™

Traction:

  • LOI from Miraculex, a specialty greenhouse grower
  • Negotiating with a large seed company for product co-development

Funding:

  • Raised $250K in seed equity funding
  • SBIR Phase I $100K non-dilutive funding

Team

  • Fatma Kaplan, Ph.D. CEO/CSO; 20+ years’ experience in plant molecular stress biology, nematode chemical ecology, and natural product chemistry
  • Karl C. Schiller COO;  15+ years’ of experience in economics research, data science, and 5+ years entrepreneur

Global Market Size:

  • Chemical pesticide market: $66 billion
  • Biopesticide market: $4.4 billion
  • Seed treatment: $3.8 billion

Revenue Model: 

  • Sell Nemastim through distributors
    • Greenhouse growers
    • Fruit and nut trees
  • Sell Pherocoat B2B
  • Strategic partnership for further technology development and broad global commercialization

Milestones:

2015:

      • Research contract
      • USDA-ARS CRADA

2016:

      • R&D Lab established
      • IP: US patent pending

2017:

      • IP: PCT: application
      • SBIR Phase I awarded
      • At IndieBio, largest biotech accelerator globally
      • Produced prototype
      • Completed soil tests
      • Regulatory compliance

2018:

      • Greenhouse trial
      • Scale up production
      • Quality control parameters
      • Field trials in orchards

For more information, contact us.