Aug 23, 2023Inventors of new ag products aided by AgXelerators
A firm that helps inventors of ag products take their products to market is looking for novel bio-based or chemical active ingredients.
AgXelerators (AgX) partners with crop protection companies around the world to accelerate the development of new active ingredients into sustainable, commercially viable products that express their full performance potential, according to a news release.
From active chemical ingredients to organisms such as bacteria, fungi, algae and microbes, AgX creates proprietary products that are designed to meet clients’ needs and deliver reliable performance, convenience of use and yield enhancement. From initial concept to rapid prototype formulation development, field demonstration, product registration and market introduction, AgX delivers end-to-end support and partnership to its clients, according to the release.
AgX founders, advisors and key stakeholders are industry leaders with combined more than 100 years of experience in agricultural product development, hundreds of patents, and are responsible for the design of over 200 formulated AgriTech products sold around the world, valued at more than $2 billion in annual sales, according to the release. Self-proclaimed “formulation lifers,” their ingenuity and discoveries have helped innovate various technologies including anti-drift formulations, microencapsulation, and controlled release, according to the release.
“A good formulation can make the difference between a concept that successfully advances through the development process or not,” Holger Tank, AgX’s senior director, said in the release. “It makes the difference between a product that is well accepted by growers and one that fails.”
The company supports ag innovators in transforming the landscape of crop protection, plant health and production, Mark Zettler, AgX’s president and co-founder, said in the release. “Many startups, and even seasoned companies, face a common challenge: they can see efficacy of an active agent in the lab or greenhouse, but it doesn’t seem to translate to the field or they struggle to build a stable, commercially viable product to take to market, especially with biologicals. We are uniquely positioned to fill this gap and are passionate about doing so.”
The regulatory process ensures that products are safe, have no adverse effects on crops and the environment and that they meet the standards of the countries in which registration is desired. With an intricate knowledge of regulatory requirements, AgX delivers formulations that can confidently be submitted for registration and provides consulting on the regulatory process to ease the path to market introduction.
“Agricultural formulation and regulatory compliance are ever evolving and require continuous creativity to meet grower, market and environmental demands,” Lei Liu, AgX’s co-founder and chief scientific advisor, said in the release. “We use a comprehensive product design analysis involving biology, chemistry, formulation, regulatory, and commercial experts to zero-in on successful product development strategies and are adept at identifying and addressing the root causes for potential product failures.”
AgX enables inventors of new biological and chemical crop protection, biostimulant, biofertilizer and soil regeneration products to rapidly prototype, test, develop and register their products for production agriculture.