Transcript Terramera
Kill Pests, Naturally.
1 Karn Manhas
, CEO T 604-639-9600 x1 E [email protected]
Our BIG Idea
Founded in 2009 at the University of British Columbia (UBC) with a mission to change the way the world does pest control by focusing on one big idea:
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Develop plant-based biopesticides that are more effective than conventional chemical pesticides
The Global Problem 3
Terramera Biopesticide Platform Technology 4 Conventional chemical pesticides Problem
Toxicity, Resistance
Solution
Natural biochemicals: Non-Toxic MOA, Low possibility of resistance
Natural biochemical alternatives “Bug” physiology and delivery
Unstable, inconsistent & short acting Stabilize & effective penetration Insects self-protect with thick cuticles, difficult to penetrate.
Technology that penetrates Patents pending: Initial Patent Office Reviews positive
Initial Target : Bed Bug Problem
Bed Bug Egg
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Growing Epidemic US EPA and CDC declared: “
public health threat”
US:
$1.8 Billion
spent in 2012 Rampant growth: doubling annually Current products: No good options
Pesticide Resistance Toxic Don’t kill completely None kill eggs
Our Bed Bug Solution A BETTER SOLUTION…
Generally Regarded As Safe (GRAS) National Organics Program (NOP)
…THAT WORKS
100% Max Kill Rate Works on pesticide-resistant bed bugs
Works as a residual (direct contact not required)
Only product that kills eggs without contact 6
US Government Fast Tracks Terramera
USDA: “in the public interest”
US EPA: Fast-tracked Approvals
Full approvals: 2012
State Approvals
California: Fast-tracked, approved 2012 Registered in 50 States + D.C.
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T ERRAMERA S LAUGHTERS M ARKET L EADER
3RD PARTY CLINICAL DATA: R ESIDUAL E FFICACY 100,0 90,0 80,0 70,0 60,0 50,0 40,0 30,0 20,0 10,0 0,0
Untreated Control TER-RTU Suspend SC (R) KILLS 100% of adults & nymphs Suspend® - leading pyrethroid pesticide Control 8
0 1 4 8
Hour After Dosing
12 24 72 Data source: Independent lab (regulatory study) 2011
…
AND ONLY ____________ KILLS AND PREVENTS EGG HATCH
US BED BUG MARKET 10
Go-to-Market Strategy
Direct Sales Wholesale Distribution Channel Partners -
Sales/Licensing
Commercial Pest Management Products In discussion
with 3 major commercial brands
Consumer Products (Q3 2013)
Web-based Launch Viral Effect Exploring
In discussion
with 3 major retail brands
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Market Traction Commercial
2012 Pilot
200 Pest Control Professionals trained 3312 exterminations Represent 0.1% of US market in 2012 4 US distributors signed 60% of distribution market
Consumer
Approached by two largest consumer products companies
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13 Marketplace Endorsements
“We've never seen so much excitement about a new product.”
- Sylvia Kenmuir, Target Specialty Products (Terramera Distributor)
14 Marketplace Endorsements
“CIRKIL has proven…it will eliminate 100% of the bed bug population in a home…[it works] like nothing we’ve ever used before.”
Tim Guererro, General Manager, Pro Pacific Pest Control, San Diego, CA
www.ProPacificPest.com
Milestones 15
The Pesticide Market 16
The Team: Management Seasoned senior team, most with at least 15 years domain relevant experience
CEO: Karn Manhas
(BSc, JD) 15 yrs leadership experience in government, project management, business, and community development Developed the core patent & technology for CIRKIL
CFO: Tracy Seward
(CGA) 15 yrs leadership experience in senior financial roles.
Lead financing at 3 startups raising over $25M
COO: Bal Sandhu
(BEng, PEng) 35+ yrs global in manufacturing and plant operations Built $1B plant from ground up
CSO: Annett Rozek
(PhD) Over 15 yrs experience in scientific design, R&D and laboratory operations management
CLO: Adam Menzies
(LLB) Over 5+ yrs experience in business startups, I.P. law, (patents, trademarks, copyright) and litigation
VP Sales: Dave Buzzelli
(BSc, MSc) 30+ yrs pest control and executive management Lead North American Pesticides Division for DuPont Senior sales roles with BASF, Residex, AgrEvo, and Bayer
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The Terramera OPPORTUNITY
Billion Dollar Potential Proprietary TECHNOLOGY platform Effective Plant Based Biopesticides potential to revolutionize $50B Market Innovative PRODUCT solves GLOBAL problems with natural, renewable source solution Proven Effective Unique Solution for Bed Bug Problem Fast-tracked and US approvals in place
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Kill Bugs, Naturally.
Karn Manhas
, CEO T 604-639-9600 x1 E [email protected]
Tracy Seward
, CFO T 604-639-9600 E [email protected]