bomba,
We are talking about the industry particular to animal health being worth 100 mil. The domestic market is much bigger than this sum. Furthermore the landfill markets are unquantified at this stage as reported.
The issue of pesticide residue on wool is a major one for the industry and this approach is certainly going to be welcomed by farmers and thus the interest from a giant chemical company such as Bayer.
More significantly the Heliothis product under feild trials is proving to be successful and this market is worth 720 mil . They have prooven that they can commercialise product and align with majors, so the future looks promising for Bioglobal. The other significant fact is Stephen Sexton already has developed commercial products under Biocontrol which had a 17 mill turnover year ended 2001. He is a world authority and pioneer in attract and kill green technology (pheromones) . The track record speaks for itself.
cheers bomba.
bomba,We are talking about the industry particular to animal...
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