The first and only soft bait contraceptive for
rats with little or no risk to human health or the
environment.
PHOENIX, Dec. 14,
2023 /PRNewswire/ -- SenesTech, Inc. (Nasdaq:
SNES; "SenesTech" or the "Company"), the leader in fertility
control to manage animal pest populations, today announces the
expansion of Evolve™ Soft Bait ("Evolve") with substantial initial
orders. Initially launched in November
2023, Evolve is the first and only soft bait product
featuring technology that targets rodent populations by using
non-lethal methods to restrict fertility.
Joel Fruendt, SenesTech's
president and CEO, said, "The reaction to the launch of Evolve has
been enthusiastic and immediate. Within days of launch, we received
pallet-sized orders for Evolve from a number of distributors.
Combined with direct orders from pest management professionals and
consumers, we have had to more than double our weekly production to
meet demand, and will soon double it again."
"Many of the initial orders are from customers with prior,
successful experience with ContraPest®, our first fertility control
product, but who wanted a soft bait product. Evolve has similar
efficacy to ContraPest, in a format that is easier to deploy, and
at a price point comparable to alternatives such as poisons."
Wendy Berry, a New Hampshire-based pest control expert
claimed, "Since offering my clients ContraPest, it has given
them a sense of relief to a never-ending problem…too many rats.
Clients have seen huge differences before and after the
introduction of ContraPest. They also see how reducing the
reproduction rate is a key component to success. With the
effectiveness now well known, we have received contracts with a
college, municipalities and other downtown areas. Adding Evolve
will better meet the needs of my customers."
In New England, legislators and regulators are evaluating new
approaches to pest control, seeking to reduce or eliminate
traditional poisons known as second-generation anticoagulants
(SGARs) from regional use. In Massachusetts, joint bills (H.825 and S.487),
which ban the use of SGARs from publicly owned properties such as
elementary schools, have continued addressing secondary poisoning
problems plaguing the region. As reported by the Charles River
Watershed Association earlier this year, a third eagle succumbed to
poisoning from secondary exposure to SGARs.
Fruendt concluded, "We are pleased to provide customers with an
innovative and competitively priced solution to address their
rodent infestations. We have heard from the consumer market that
they seek effective, proven and approved alternatives to poisons.
Some consumers, in New England for example, have resorted to
untested and unapproved 'home remedies'. We have a better
solution."
About SenesTech
We are committed to improving the health of the world by
humanely managing animal pest populations through fertility
control. We are experts in fertility control to manage animal pest
populations. We invented ContraPest, the only U.S.
EPA-registered contraceptive for male and female rats, and Evolve,
an EPA-designated minimum-risk contraceptive currently offered for
rats. ContraPest and Evolve fit seamlessly into all integrated pest
management programs, significantly improving the overall goal of
effective pest management. We strive for clean cities, efficient
businesses and happy households – with a product designed to be
humane, effective and sustainable.
For more information visit www.senestech.com and
www.contrapeststore.com.
Safe Harbor Statement
This press release contains "forward-looking statements" within
the meaning of federal securities laws, and we intend that such
forward-looking statements be subject to the safe harbor created
thereby. Such forward-looking statements include, among others, our
belief that New England is positioned to be an ideal region for the
addition of Evolve to integrated pest management; our belief that
Connecticut, Maine and Rhode
Island approval of Evolve is slated for an early 2024; and
our belief that Evolve is highly palatable to rats, easy to deploy,
offers diverse placement in many different environments and is
priced competitively to rodenticide alternatives, which makes it an
ideal tool for pest management professionals as well as for
consumers. Forward-looking statements may describe future
expectations, plans, results, or strategies and are often, but not
always, made through the use of words such as "believe," "may,"
"future," "plan," "will," "should," "expect," "anticipate,"
"eventually," "project," "estimate," "continuing," "intend" and
similar words or phrases. You are cautioned that such statements
are subject to risks, uncertainties and other factors that could
cause actual results to differ materially from those reflected by
such forward-looking statements. Such factors include, among
others, the successful commercialization of our products; market
acceptance of our products; our financial performance, including
our ability to fund operations; our ability to maintain compliance
with Nasdaq's continued listing requirements; and regulatory
approval and regulation of our products and other factors and risks
identified from time to time in our filings with the Securities and
Exchange Commission, including our Annual Report on Form 10-K for
the fiscal year ended December 31,
2022. All forward-looking statements contained in this press
release speak only as of the date on which they were made and are
based on management's assumptions and estimates as of such date.
Except as required by law, we do not undertake any obligation to
publicly update any forward-looking statements, whether as a result
of the receipt of new information, the occurrence of future events
or otherwise.
CONTACT
Investors:
Robert Blum
Lytham Partners, LLC
602-889-9700
senestech@lythampartners.com
Company:
Tom Chesterman
Chief Financial Officer
SenesTech, Inc.
928-779-4143
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SOURCE SenesTech, Inc.