Printer Friendly

Frost & Sullivan Award Recognises Oxitec for its Pioneering System for Pest Control.

- Oxitec products are environmentally-friendly, sustainable, highly effective and ideal for use in integrated pest management Integrated Pest Management (IPM), planned program that coordinates economically and environmentally acceptable methods of pest control with the judicious and minimal use of toxic pesticides.  

LONDON, April 9, 2013 /PRNewswire/ -- Based on its recent analysis of the pest control pest control ncontrol m de plagas

pest control nlutte f contre les nuisibles

pest control pest n
 technology market, Frost & Sullivan recognises Oxitec Ltd. with the 2013 Europe New Product innovation Award for its groundbreaking Release of Insects carrying a Dominant Lethal (RIDL RIDL Report Information Data Library ) system.

This novel product is the most environmentally-friendly and sustainable form of pest control currently available. It is highly effective against various pests and is ideal for use in integrated pest management (IPM (1) (Impressions Per Minute) Generally refers to document scanners that scan both sides of the page at the same time. Thus, a scanner that scans at 100 ppm (pages per minute) can provide 200 ipm. See ppm and document scanner. ).

"The use of Oxitec's products as part of IPM will enable crop growers to boost production and prevent crop loss to pests in an environmentally safe and sustainable manner," noted Frost & Sullivan Research Analyst Krishna Venkataramani. "Considering the challenges of a burgeoning world population and decreasing food production, Frost & Sullivan believes that Oxitec's eco-friendly offering comes at a critical juncture when other green innovations are reaching the end of their lifecycle."

The real value of the Oxitec system lies in the method of operation. Only species that cause disruption to food crops or which spread disease (for example, mosquitoes) are targeted.

"Unlike chemical alternatives that can seep into the earth and destroy water, soil, and even ecological balance, the RIDL system targets only specific pest species," remarked Venkataramani. "The fact that these species have a fixed lifespan indicates their presence only for a fixed period of time. This is in stark contrast to pest control chemicals that are retained in the environment for prolonged periods of time."

Through the use of modern biotechnology techniques, new generations of sterile insects are developed that cause a rapid decline, or even local elimination of the target species through unsuccessful reproduction.

Oxitec's technology is a step change to the traditionally used Sterile Insect Technique Sterile insect technique is a method of biological control, whereby millions of sterile insects are released. The released insects are normally male as it is the female that causes the damage, usually by laying eggs in the crop, or, in the case of mosquitoes, taking a bloodmeal  (SIT). One major drawback of SIT is that the method requires the use of radiation or chemicals on the targeted population.

This significantly reduces the fitness of the sterile population and its ability to compete for mates in the wild. Oxitec's products, in contrast, produce male species that are robust and can actively seek out native female populations.

"In addition, Oxitec insects all contain a protein marker that means that they can be easily and accurately monitored in the field. This allows both operational feedback and environmental monitoring. This is not the case with any other product in this market," stated Venkataramani.

Each year, Frost & Sullivan presents this award in acknowledgment of the innovative elements, leading-edge technologies and the value-added features and benefits offered by a company's product (s). The potential for increased customer ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  (small change) and customer acquisition/penetration is also considered during award selection.

Frost & Sullivan Best Practices awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Oxitec Ltd. Oxitec is a pioneer in controlling insects that spread disease and damage crops. Its products build upon the use of the Sterile Insect technique (SIT) an effective, species-specific and environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1]  method of controlling harmful and damaging insects. Oxitec first products are for the control of Aedes aegypti the mosquito species primarily responsible for transmitting dengue fever dengue fever (dĕng`gē, –gā), acute infectious disease caused by four closely related viruses and transmitted by the bite of the Aedes mosquito; it is also known as breakbone fever and bone-crusher disease.  and Mediterranean fruit fly Mediterranean fruit fly: see fruit fly.
Mediterranean fruit fly
 or Med fly

Fruit fly (Ceratitis capitata) proven to be particularly destructive to citrus crops, at great economic cost.
, one of the world's most damaging agricultural pests. Further information available at www.oxitec.com

FB Oxitec Twitter @Oxitec

About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

* The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

* The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on "the next big thing"

Register: Gain access to visionary innovation

Contact: Emily Bailey Best Practices Frost & Sullivan emily.bailey@frost.com P: +44-(0)20-7915-7869 www.frost.com
COPYRIGHT 2013 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire Europe
Date:Apr 9, 2013
Words:1075
Previous Article:Buddha's Bone Relic Presented to Sri Lanka by the Gyalwang Drukpa.
Next Article:Stringent Building Codes and Legislation Activate European Voice Alarms Market, finds Frost & Sullivan.
Topics:

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters