The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Bio-Gene Technology’s (BGT) insecticides could soon be used in mosquito control across North, Central and South America
  • The agtech developer has partnered with Clarke Mosquito Control to further develop formulations of Bio-Gene’s Flavocide and Qcide technologies
  • The partnership follows Clarke’s successful internal testing of the technologies on three different types of mosquitoes
  • Company shares are trading flat for 19.5 cents each

Bio-Gene Technology’s (BGT) insecticides could soon be used in mosquito control across North, Central and South America.

The agtech developer has today announced a partnership with Clarke Mosquito Control to further develop its Flavocide and Qcide technologies.

In August 2019, Bio-Gene signed a Material Transfer Agreement (MTA) with Clarke which allowed Clarke to undertake internal testing of the technologies on Anopheles, Aedes and Culex mosquito species.

Following successful results from the internal testing, Clarke and Bio-Gene inked the agreement which will see them further develop the formulations of Flavocide and Qcide.

Bio-Gene CEO and Managing Director Richard Jagger said the partnership represents a significant milestone for the company.

“This agreement with Clarke has the opportunity to expand into other markets and is very valuable for our discussions with other stakeholders including, for example, NGOs and philanthropists to further develop commercialisation opportunities in the public health space,” he commented.

At present Bio-Gene is in discussions with other companies, seven of which are carrying out their own testing on Flavocide and Qcide under MTAs. These companies work in crop protection, grain storage, public health and consumer products.

Company shares are trading flat for 19.5 cents each at 12:56 pm AEST.

BGT by the numbers
More From The Market Online

ResMed spikes on robust results and global growth spurt

ResMed shares have climbed following the release of the company's strong Third Quarter FY2024 results.

PharmAust CEO’s sayanora triggers stock plunge

Clinical-stage biotechnology company, PharmAust shares plunged 24 per cent so this morning, following the resignation of…

Recce wins safety board approval to dose 4g in R327 UTI infusion trial

Recce Pharma will dose patients with 4g of its R327 intravenous solution to treat UTIs in…

Emyria locks in $2.3M to progress MDMA research – with Chair adding $0.3M

WA-based and ASX-listed Emyria is seeking to further research using MDMA to treat PTSD. The chair…