NaturalShrimp’s Amoebic Gill Disease Technology Completes Successful Phase-I Testing
Dallas, TX – July 17, 2020 – Natural Shrimp, Inc. (OTCMKTS: SHMP), announced today that CSIRO, Australia’s national science agency, through its Agriculture and Food Aquaculture Research Team in Tasmania, Australia has successfully completed Phase-I in vitro testing of a new technology that has proven effective at killing Neoparamoeba perurans, the parasite which causes Amoebic Gill Disease (“AGD”) of Atlantic salmon. With Phase-I efficacy completed, CSIRO are now moving to Phase-II, which will focus on fish welfare during the experimental treatment.
Natural Shrimp is funding the CSIRO research on the AGD technology through its market development partnership with Hydrenesis, Inc. (“Hydrenesis”), the exclusive, worldwide commercialization agent for the AGD technology in the aquaculture market.
Natural Shrimp’s President/CEO, Gerald Easterling, said, “We are positioning Natural Shrimp to be the leading provider of technology solutions in the fish farming business and we believe that this AGD technology from Hydrenesis is going to be a game changer for the salmon industry.”
Hydrenesis’ Chairman, Bob Watson, added that “AGD is costing the salmon industry tens of millions of dollars a year and we are eagerly working with CSIRO and Natural Shrimp to complete testing and begin commercializing this technology.”
ABOUT NATURAL SHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech Company, headquartered in Dallas, with production facilities located near San Antonio, Texas. The Company has developed the first commercially viable system for growing shrimp in enclosed, salt-water systems, using patented technology to produce fresh, never frozen, naturally grown shrimp, without the use of antibiotics or toxic chemicals. NaturalShrimp systems can be located anywhere in the world to produce gourmet-grade Pacific white shrimp.
Forward Looking Statements
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Hydrenesis, Inc., headquartered in Pompano Beach, FL, is a private technology commercialization company that partners with leading IP holders and industry insiders to commercialize innovative technologies in major industry sectors.
As Australia’s national science agency and innovation catalyst, CSIRO solves the greatest challenges through innovative science and technology. We work with organisations large and small, delivering world-leading research and development solutions to help their business innovate, improve and grow. With 5,000 experts, state-of-the-art facilities, and a global collaborative research network we bring together the best and brightest minds to drive strategic growth and overcome unique business challenges like no other. Driven to create and facilitate societal, environmental and economic impact, we work with organisations across all major sectors and at all stages of the innovation lifecycle from strategic advice and planning, research and development, through to commercialisation and funding. www.csiro.au
Contact: Paul Knopick