Bio-Gene Technology Limited (ASX: BGT) has released results showing positive synergy for both Flavocide and Qcide when used in combination with other commercially important insecticides, providing substantial commercial value to the US$31.1 billion global insecticide industry.
“Synergy is arguably the holy grail in chemistry,” said Bio-Gene’s Executive Director of Research and Development, Peter May. “Synergy happens when the combined effect of active ingredients produces greater efficacy than when used alone.
“We have shown that very low levels of a Bio-Gene molecule combined with a low level of certain other commercially important product can achieve excellent synergy results. In simple terms, we made 1 plus 1 equal 3.”
The independent research shows reduced application rates, lower-cost control, increased ability to tackle resistance, and extending the use of existing products within and beyond their patent life.
“The results of this research have the potential to revolutionise the insecticide industry, providing a more effective and efficient way of controlling insect pests. The reduction in application rates and lower-cost control could also provide significant benefits for the environment.”
The results from earlier stages in the research program have already attracted interest from global companies with Bio-Gene signing a new Material Transfer Agreement to assess commercial synergy opportunities.
Globally recognised research organizations, including Purdue University, the University of Florida, i2L Research, and cesar Australia, conducted tests that support patent applications for Bio-Gene products used in combination with other insecticides.
Bio-Gene CEO Richard Jagger says, “The exciting potential of these results will be of great value to our commercial partners. These positive synergy results provide significant additional commercial opportunities for Bio-Gene in the US$31.1 billion global market.”
“They create lasting value for Bio-Gene and our partners on several levels and improve the potential of insect control in public health applications, food production efficiency and addressing pest resistance to existing products, a major global concern.”