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Vestaron Named "TiE Midwest 20"Winner
Written by Administrator
Tuesday, 15 December 2009 19:10
KALAMAZOO, Mich., December 8 – Vestaron Corporation has been named a “TiE Midwest 20” winner in the life sciences category,the company announced today. The award was presented at the TiECon Midwest annual conference in Dearborn, Mich. on October 23. The winners were selected by a combination of public opinion polls and experienced industry judges. Vestaron, based in Kalamazoo, Mich., is developing a new generation of insecticides based on the peptides spiders use to kill insects. TiE is a global, not-for-profit organization dedicated to fostering entrepreneurship.
John L. McIntyre, Ph.D., president and CEO of Vestaron said, “We are honored to be selected as a “TiE Midwest 20” winner. TiE Detroit is a well known and respected promoter of entrepreneurship. Their recognition of our company is validation of the technology we are developing and the business plan we have in place to bring the next generation of pesticides to the marketplace.”
TiE is a global, not-for-profit, non-political, and non-religious organization dedicated to fostering entrepreneurs across its international network. Since its founding in 1992, TiE has grown to become the world's largest organization for entrepreneurs and professionals, with membership spread across 53 chapters in 12 countries.
Vestaron is developing a new generation of insecticides using peptides from spiders. The company’s technology is based on ground-breaking research conducted at the University of Connecticut. Over 50 unique, insecticidal spider peptides have been identified. This patented technology is exclusively licensed to Vestaron. Products under development have a unique mode of action, are highly effective against insects and related pests and are harmless to non-target species, including humans. Target markets include agriculture, animal health and specialty non-crop uses such as household insects. Vestaron products will be ideally suited for the environmentally conscious twenty-first century. www.vestaron.com
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