Phyllom BioProducts and Vestaron Extend Collaboration

Thursday, 15 September 2016 The two companies have been researching novel insect control solutions since August of 2014

Oakland, California and Kalamazoo, Michigan, (September 15, 2016) – Phyllom BioProducts Corp. (Phyllom), and Vestaron, Corp. has announced they will extend their research collaboration rst announced in August of 2014.

The global need for novel insect control solutions has grown more acute as traditional chemistries face ever increasing insect resistance and regulatory scrutiny. In addition, the cost to develop a traditional chemistry has exceeded $286 million according to a study prepared by the rm, Phillips McDougal on behalf of the International Crop Life Association, Crop Life America and The European Crop Protection Association.

Phyllom and Vestaron separately launched EPA registered products onto the market for a fraction of the above costs. The companies expect that biopesticides derived from the collaboration will demonstrate performance advantages such as improved crop/plant/animal health and the control of dif cult and resistant pests or disease vectors. In addition, the companies believe that customers will nd that crops are easier to manage because of new products with shorter pre-harvest and worker re-entry intervals, application exibility, worker safety and many other practical value added bene ts for customers.

Phyllom’s natural protein is derived from a microbe naturally found in soils and on plants around the world called Bacillus thuringiensis (BT). Phyllom harnessed the power of a patented strain called BT galleriae with a patented natural Cry protein that is effective against beetles, weevils and borers, including the dif cult to control adult stage.

Vestaron’s technologies are based on powerful peptides derived from non-toxic components of the venoms of several different species. Vestaron’s products work differently from Phyllom’s proteins, and the two may exhibit synergistic interactions with each other.

About Vestaron Corporation

Vestaron Corporation exploits the natural insecticidal properties of a class of peptides which have potent insect killing potential, but are safe to humans, birds, sh and the environment. These peptides utilize new modes of action that have never before been used for insect control, and therefore do not suffer from insect resistance. In addition to the bioinsectcides, the Company is also leveraging its peptide technology with the development of traits and synthetics that also have a favorable safety spectrum.

Vestaron is the winner of the Inaugural 2015 Bernard Blum Award for novel biocontrol solutions. Recently, the Company announced completion of an oversubscribed Series D round of nancing totaling $18 million dollars.

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