Nitrogen is an essential building block for basic biological molecules, such as DNA and proteins. While 78% of Earth atmosphere comprised of nitrogen gas, plants - the base of food chain for humans and animals - are unable to directly utilize atmospheric nitrogen for metabolic purposes. For most agricultural crops nitrogen must be supplied in the form of chemical fertilizer, which is one of the major agricultural inputs and main contributor to production costs. For instance, in the case of corn, cost of nitrogen fertilizer and associated labor can reach 15-25% of total production costs. Nitrogenase is the enzyme responsible for biological fixation of nitrogen, a process where bacteria convert atmospheric N2 into water soluble forms which plants can utilize. For over a century, since the discovery of biological nitrogen fixation, countless scientists attempted to create plants capable of nitrogen fixation on their own, yet no one was able to achieve this goal until now.

Nitrogenics...
Nitrogen is an essential building block for basic biological molecules, such as DNA and proteins. While 78% of Earth atmosphere comprised of nitrogen gas, plants - the base of food chain for humans and animals - are unable to directly utilize atmospheric nitrogen for metabolic purposes. For most agricultural crops nitrogen must be supplied in the form of chemical fertilizer, which is one of the major agricultural inputs and main contributor to production costs. For instance, in the case of corn, cost of nitrogen fertilizer and associated labor can reach 15-25% of total production costs. Nitrogenase is the enzyme responsible for biological fixation of nitrogen, a process where bacteria convert atmospheric N2 into water soluble forms which plants can utilize. For over a century, since the discovery of biological nitrogen fixation, countless scientists attempted to create plants capable of nitrogen fixation on their own, yet no one was able to achieve this goal until now.

Nitrogenics is a plant biotechnology company and its product is a new genetic trait enabling plants to fix nitrogen directly from the air. The trait can be introduced into various agronomic crops, such as corn or cotton, using transgenic technology. The new crops are expected to have diminished or entirely abolished requirements for nitrogen fertilizer, which will reduce costs agricultural production, increase yields and decrease the incidence of environmentally harmful fertilizer fun offs. Presently Nitrogenics technology is in the prototype stage, where we have introduced a rare and unusual nitrogenase into the genome of Nicotiana tabacum, a commonly used plant model organism. The resulting plants have shown resistance to nitrogen deficiency and a potential capacity of direct nitrogen fixation from the air. This technology is subject to a filed patent application and initial freedom-to-operate and patentability assessments suggest it is in good standing.

Nitrogenics business model is based on revenues from three income streams: (i) R&D agreements with large seed and agricultural biotechnology companies, where Nitrogenics will incorporate nitrogen fixation trait into their seed germplasm as a fee-based service; (ii) licensing of the nitrogen fixation trait, in specific plant varieties or species, to seed and agricultural biotechnology companies; (iii) sale of rights to use nitrogen fixation trait in specific plant species or varieties to seed and agricultural biotechnology companies.
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