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Senestech Inc - SNES STOCK NEWS

Welcome to our dedicated page for Senestech news (Ticker: SNES), a resource for investors and traders seeking the latest updates and insights on Senestech stock.

Overview of SenesTech Inc

SenesTech Inc (SNES) is a United States-based biotechnology platform and research company dedicated to revolutionizing pest management through advanced fertility control solutions. By focusing on the root cause of rodent overpopulation—reproduction—SenesTech has developed innovative products that provide a humane, non-lethal alternative to traditional poisons. The company has established itself in the realm of sustainable pest management by integrating industry-leading technologies into effective and environmentally conscious solutions.

Core Business and Technology

At its core, SenesTech leverages biotechnology research to create products that target the reproductive capabilities of rodents such as norway and roof rats. Utilizing a highly palatable liquid formulation, the company’s products are designed to promote sustained consumption resulting in reduced fertility in both male and female rodents. This scientific method of fertility control is a disruptive technology in the pest management industry and is seamlessly incorporated into integrated pest management (IPM) programs.

Product Lines: ContraPest and Evolve

SenesTech’s product portfolio is centered around two primary product lines:

  • ContraPest: Recognized as the only U.S. EPA-registered contraceptive for both male and female rats, ContraPest is specifically engineered to reduce reproduction rates safely and effectively. It is dispensed within tamper-resistant bait stations that ensure minimal exposure and significantly lower risks to non-target species.
  • Evolve: An EPA-designated minimum risk contraceptive, Evolve functions as a soft bait that is both highly palatable and easy to deploy, making it suitable for a diverse range of environments. Designed to be part of comprehensive IPM strategies or as a standalone solution, Evolve serves as a sustainable alternative to conventional rodenticides, turning the conventional approach to pest control on its head by addressing overpopulation from its source.

Market Position and Industry Impact

SenesTech is strategically positioned within the competitive pest management landscape as a frontrunner in humane and sustainable solutions. The company has successfully emerged as an innovative disruptor by targeting the rapid reproduction rates that typically overwhelm traditional pest control methods. By offering a technology that is both effective and environmentally safe, SenesTech is well-respected among pest control professionals, commercial entities, and municipalities seeking to reduce their reliance on poison-heavy methodologies.

Integrated Pest Management (IPM) and Sustainability

The company's technologies are designed to integrate seamlessly into existing integrated pest management programs. By reducing the fertility of rodent populations, SenesTech’s products not only curb the immediate infestation but also contribute to long-term population management. This sustainable, non-lethal approach helps to maintain ecological balance while protecting public health and urban infrastructures. With regulatory changes restricting traditional poison use, SenesTech offers a viable, science-based solution that adheres to stringent safety standards and alarmingly high efficacy benchmarks.

Business Model and Revenue Generation

SenesTech generates revenue through a diversified business model that includes direct sales, licensing agreements, and strategic partnerships with major distributors and retailers. Its focus on both B2B and B2C markets has enabled the company to expand its reach internationally. Collaborations with prominent e-commerce platforms and traditional retail channels alike underscore the company’s commitment to scaling its innovative technologies while addressing global pest management challenges.

Regulatory Compliance and Expert Endorsements

Regulatory compliance is a cornerstone of SenesTech’s operations. The company’s products meet rigorous standards as evidenced by their EPA registrations and designations, reinforcing the reliability and safety of their fertility control methods. Endorsements from industry experts and successful pilot programs in major cities serve as testament to the operational viability and market acceptance of its innovative solutions.

Commitment to Research and Development

SenesTech’s commitment to continuous innovation is evident in its robust research and development framework. By investing in cutting-edge biotechnology and advancing its understanding of rodent population dynamics, the company remains at the forefront of developing next-generation pest management solutions. This commitment not only enhances product performance but also reinforces the company’s reputation as an authoritative, research-driven player in the biotech arena.

Conclusion

Through its unique focus on fertility control for rodent populations, SenesTech Inc effectively addresses a major challenge in pest management with a humane and sustainable approach. The company’s blend of scientific expertise, regulatory adherence, and strategic market positioning underscores its significance in transforming the industry. With products designed to integrate with comprehensive IPM programs and to offer non-lethal alternatives to traditional poisons, SenesTech is setting a new standard in protecting public health, enhancing urban living environments, and promoting ecological sustainability.

Rhea-AI Summary
SenesTech, Inc. (SNES) reports a significant increase in total revenue in YTD 2024, up over 80% compared to YTD 2023, driven by orders for Evolve soft bait. The company achieved revenue growth in 2023, with a notable increase in 2023 revenue to $1.2 million from $1.0 million in 2022. The successful launch of Evolve has led to expanded sales channels and international reach, with a focus on driving revenue growth in 2024. SenesTech is also developing a soft bait contraceptive product for mice, targeting a mid-2024 market release. The company improved operational efficiencies and financials with reduced operating expenses and a successful public offering of common stock and warrants in 2023. Despite a net loss in 2023, SenesTech has shown improvement in adjusted EBITDA performance and maintains a healthy cash position.
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SenesTech, Inc. (SNES) will release financial results for Q4 and fiscal year 2023 on February 21, 2024, followed by a conference call at 5:00 pm ET. Interested parties can access the call via phone or webcast.
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SenesTech, Inc. (SNES) partners with Q-chem to distribute Evolve, a fertility control product for pest management in Europe. The collaboration aims to reduce reliance on toxic rodenticides and introduce environmentally friendly solutions.
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SenesTech, Inc. (SNES) has been accepted as a vendor for Ace Hardware's network of over 4,500 stores, marking its entry into the retail market. The company will offer its EvolveTM soft bait product, targeting the consumer and do-it-yourselfers market segments. SenesTech plans to accelerate its penetration by partnering with rep agency firms. This move signifies a significant expansion for SenesTech and a strategic step towards increasing market presence.
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SenesTech, Inc. (SNES) has entered into a Distribution Agreement with Evicom, an environmental management firm in Australia, to introduce their fertility control product, Evolve, into the Australian and New Zealand markets. This partnership aims to address the demand for environmentally sound and sustainable pest management solutions in the region, with a focus on controlling 'rat plagues' in Australia and eradicating invasive Norway rats in New Zealand by 2050.
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SenesTech, Inc. (SNES) has announced a Distribution Agreement with Agro Technic PTE Ltd, a pest control product manufacturer and distributor in Singapore. The agreement includes a substantial initial stocking order and annual minimums. SenesTech aims to expand its presence in the region with a focus on fertility control to manage animal pest populations.
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SenesTech, Inc. (SNES) has signed a distribution agreement with Poppe Enterprises LLC to distribute its Evolve soft bait for rodent pest control in the grain management market. The agreement covers Nebraska, South Dakota, North Dakota, Kansas, Wyoming, Iowa, and Colorado. Poppe Enterprises will be a stocking distributor for Evolve soft bait, which has a minimum risk EPA designation and proven efficacy in reducing rodent fertility. The partnership is expected to provide immediate penetration of the Evolve product in the substantial grain market, addressing the significant issue of rodent overpopulation and its impact on the world's stored food supply.
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SenesTech, Inc. (SNES) announced CEO and CFO participation in the Lytham Partners 2024 Investor Select Conference. The webcasted fireside chat and one-on-one meetings with investors will take place virtually on February 1, 2024. The webcast can be accessed on the company's website and will be available for replay. Management will also participate in virtual one-on-one meetings throughout the event.
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SenesTech, Inc. (Nasdaq: SNES) announces the expansion of its innovative soft bait fertility control solution, EvolveTM, into the broader market of open field agriculture, partnering with a global leader in irrigation solutions for sustainable agriculture. The initial deployment will be at a California dairy and almond grower, providing a new tool for rodent pest control in this widespread market.
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SenesTech, Inc. (Nasdaq: SNES) announces the expansion of its distribution agreement with Pesterminators Pvt Ltd to include the deployment of EvolveTM in the United Arab Emirates (UAE) market through the Pesterminators subsidiary, TCS Global for General Trading LLC. This expansion is part of SenesTech's regional strategy and follows the successful deployment of their ContraPest products into the Maldives. The agreement incorporates an initial stocking order for Evolve and an expanded territory that now includes the UAE.
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FAQ

What is the current stock price of Senestech (SNES)?

The current stock price of Senestech (SNES) is $1.89 as of April 16, 2025.

What is the market cap of Senestech (SNES)?

The market cap of Senestech (SNES) is approximately 3.1M.

What is the primary focus of SenesTech Inc?

SenesTech Inc specializes in developing advanced biotechnology solutions for humane rodent management by targeting the fertility of pest populations.

What products does SenesTech offer?

The company offers two core product lines: ContraPest, an EPA-registered contraceptive for rats, and Evolve, an EPA-designated minimum risk soft bait designed to reduce rodent fertility.

How does SenesTech’s fertility control technology work?

SenesTech’s technology targets rodent reproduction by using a palatable liquid formulation that, when continuously consumed, reduces fertility in both male and female rodents, leading to long-term population control.

How do SenesTech products integrate into pest management programs?

Their products are designed to integrate seamlessly with existing integrated pest management (IPM) strategies, providing a sustainable and non-lethal alternative to traditional poison-based methods.

What are the advantages of non-lethal rodent control?

Non-lethal control minimizes environmental impact, reduces risks to non-target species, and addresses the root cause of rodent overpopulation by preventing reproduction rather than simply killing pests.

How does SenesTech ensure environmental and user safety?

SenesTech employs rigorous research and complies with strict EPA guidelines to design products that minimize exposure risks while effectively controlling rodent populations without the need for toxic chemicals.

What sets SenesTech apart from traditional pest control companies?

SenesTech differentiates itself by focusing on fertility control as a method of sustainable pest management, using technology-driven, science-based approaches that reduce reliance on conventional poisons and traps.

How does SenesTech contribute to sustainable urban environments?

By reducing rodent reproduction and integrating with IPM programs, SenesTech's products help lower rodent populations over time, which supports cleaner, healthier urban and commercial environments.
Senestech Inc

Nasdaq:SNES

SNES Rankings

SNES Stock Data

3.09M
1.69M
3.47%
7.41%
13.33%
Specialty Chemicals
Agricultural Chemicals
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United States
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