Parasite Elimination Technology Company profile: Industry: Biotech Founded: 2011
Did you ever wonder how head lice, ticks fleas and bedbugs become a growing problem (Approximately 12 million head lice infestations occur each year in United States only) despite they are primitive creatures ?
The simplest answer is that every 3-5 years they develop resistance to chemical products on the market (according to IMS) while we are limited to materials that attacking their respiration or nervous systems.
This is about to change. NovoSeed technology goal is to develop revolutionary domestic devices that eliminate parasites within seconds using acoustic field. Its Patent application (PCT) on its first three market entries (head lice, fleas/ticks and bedbugs) has already been accomplished using a top patent law firm, Ehrlich & Fenster. Lab experiments are performed by Kosta Y. Mumcuoglu, PhD. NovoSeed' lab experiments show over 97% mortality rates with exposure time of 1 second. Within 3 minutes of combing all head lice are eliminated. A few different headlice comb models were designed and examined in order to find the best option.
Competitive Advantages: * Unique patent pending technology * Innovative concept * Safety and efficacy * Can be used at any time of the infection stages and on a regular basis * Head lice can not develop resistance to technology * Friendly to use * The combing last no more than 3 minutes * A wide tooth-comb, which does not cause any discomfort * Low cost treatments
Target Market: The pest control global market (head lice, pet parasites and bedbugs) amounted to $25 billion annually, while head lice market is over 1billion $.
NovoSeed Mission & Business Model: NovoSeed mission is to fulfill the strong market demand for a Daily and Low Cost Head lice treatments that will replace the fine-tooth comb and delousing. The business