Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Engender moves to commercialisation of genetic dairy tech

Engender moves to commercialisation of genetic dairy technology, targets US market

By Tina Morrison

Jan. 5 (BusinessDesk) - Engender Technologies, the agricultural technology company spun out of Auckland University, is moving to scale up its sex-selection product for the dairy industry to full commercialisation in the next 18 months and is targeting the US$2 billion dairy artificial insemination industry.

Co-founded by the University of Auckland and seed investment company Pacific Channel in 2011, Engender has secured option-to-license agreements for its technology with three of the world's largest artificial insemination companies, has successfully concluded laboratory trials and is preparing for scaling commercialization, the Auckland-based company said in a statement. In August, the company's first key patent was allowed in the US and its patent attorneys have confidence that it will be granted in its other key markets, it said.

Engender is hoping to capitalise on demand for technology which can control whether calves are born male or female, enabling dairy farmers to focus their production on higher-value milking cows. In the US, it will compete with the dominant market player Inguran, which claims it can deliver heifer calves in about 90 percent of pregnancies, according to a Bloomberg report. Engender claims its technology is gentle on the cells which helps preserve the sperm's fertility resulting in higher conception rates, and it can be brought to market with low capital and low operating costs.

The company said having control over whether a calf will be born a male or female is "extremely attractive" to artificial insemination businesses and dairy farmers as elite female calves bred for their dairying characteristics can be slotted into the production scheme, while male calves offer less utility to dairy farmers.

"Access to a low-cost sex selection technology for dairy would enable farmers to breed off the top half of their herd to double the current rate of genetic gain," said Engender founding scientist Professor Cather Simpson.

"There is an unmet need in the international animal breeding industry for an affordable and effective sperm sex sorting product, notable in the dairy sector," the company said.

Engender said it is preparing a further 11 patent applications related to individual aspects of its technology.

The company said its patents will assist in future discussions with potential licensees, significant investors or acquirers.

Sex-determined semen for breeding remains relatively new and accounts for only 3 percent of a global market, according to Bloomberg.

(BusinessDesk)

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mining: OceanaGold Announces Receipt Of WKP Mining Permit

MELBOURNE, Australia, Aug. 6, 2020 /CNW/ - OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the 'Company') is pleased to announce it has received the mining permit for Wharekirauponga ('WKP') on the North Island of New Zealand. ... More>>

ALSO:

Economy: COVID-19 Lockdown Has Widespread Effects On Labour Market

In the June 2020 quarter, the seasonally adjusted unemployment rate fell to 4.0 percent, down from 4.2 percent last quarter, while underutilisation rose, Stats NZ said today. More>>

ALSO:

NZ Post: New Research By NZ Post Shows Online Shopping Grew 105% In Alert Level 3

New research by NZ Post into how the COVID-19 response has impacted the way Kiwis shop online, shows online shopping increased 105%* when the country moved into Alert Level 3, and may have changed the way Kiwis shop permanently. Online spend peaked ... More>>

ALSO:

Banking: Westpac NZ Lowers Merchant Fees For Small Businesses

Westpac NZ is rolling out a new merchant fee pricing structure that will lead to cost savings for more than 10,000 small and medium Kiwi businesses, and could make contactless transactions more widely available for customers. On 1 September, most ... More>>

REINZ: Million Dollar Plus Property Sales Increase 11.7% Nationally

The number of properties sold around the country for one million dollars or more during the first half (H1) of 2020 increased by 11.7% compared to H1 2019, with 5,426 million-dollar plus properties sold (up from 4,858 in H1 2019) according to the Real ... More>>

Waste: Government To Regulate Plastic Packaging, Tyres, E-Waste

The Government is stepping up action to deal with environmentally harmful products – including plastic packaging, tyres and e-waste – before they become waste. As part of the wider plan to reduce the amount of rubbish ending up in landfills, ... More>>

ALSO:


Antarctica NZ: Ice-Olation

Antarctica New Zealand is gearing up for a much reduced season on the ice this year and a very different deployment to normal! Before they head to one of the remotest places on the planet, all personnel flying south with the New Zealand programme will ... More>>

ALSO:

QV Valuations: July House Price Index Illustrates Market Resilience

According to the July 2020 QV House Price Index (HPI) results out today , property values recorded a marginal increase, up 0.2% over the month. This is somewhat of a turnaround from June, after the national index edged 0.2% lower. More>>

ALSO:

Property: Queenstown Rents Experience Biggest Drop In Seven Years

Rental prices in the Queenstown-Lakes district saw the biggest annual percentage drop in seven years after falling 28 per cent on June last year, according to the latest Trade Me Rental Price Index. Trade Me Property spokesperson Aaron Clancy said ... More>>

Seismology: The Quiet Earth

As many daily activities came to a halt during lockdown, the Earth itself became quiet, probably quieter than it has been since humans developed the technology to listen in. Seismologists have analysed datasets from more than 300 international ... More>>

RNZ: James Shaw Says Kiwibank, Not Ministers Should Decide On Investors

Climate Change Minister James Shaw says Kiwibank's decision to stop doing business with companies dealing in fossil fuels is the right one. More>>

ALSO:

FMA: Kiwis Confident Financial Markets Will Recover From COVID-19, Plan To Increase Investments

Despite the majority (60%) of investors experiencing losses as a result of COVID-19, the outlook on investing remains positive, according to a Financial Markets Authority (FMA) survey. Most Kiwis (71%) were optimistic that the pandemic will pass eventually ... More>>

FIRST Union: Warehouse Using Covid For Cover As Extensive Restructure Makes Everyone Worse Off

(FIRST Union comments on The Warehouse consultation and proposed restructure) 'Unfortunately the Warehouse have done the disappointing thing and used Covid-19 to justify a bunch of operational business decisions that will leave hundreds of workers without jobs ... More>>

ALSO: