Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

ALSS Secures $7M Series B Funding To Commercialize Novel Vaccine Delivery System For Poultry Industry

Thu, 13 May 2021 08:29:57 CDT

ALSS Secures $7M Series B Funding To Commercialize Novel Vaccine Delivery System For Poultry Industry Applied LifeSciences & Systems (ALSS) announced today the initial close of a $7 million Series B equity financing. The financing was co-led by Merck Animal Health and Mountain Group Partners. Oval Park Capital, a Raleigh-based early-stage investment firm also has participated in the round. ALSS integrates its proprietary technologies in high-speed imaging, feature recognition, artificial intelligence, robotics and microfluidics in a system currently developed for the commercial poultry industry. This system can individually and accurately vaccinate up to 100,000 chicks per hour against diseases such as coccidiosis, infectious bronchitis and Newcastle disease.

The Series B investment will allow ALSS to accelerate the commercialization of its automated and individualized poultry vaccination systems.
"At ALSS, we have developed a series of patented platform technologies to rapidly and accurately vaccinate individual animals. This will ensure the best protection against some of the most harmful diseases and significantly increase proactive vaccination to further prevent the spread of disease and reduce the use of antibiotics and chemicals in the protein production industries today. Our initial product line has successfully demonstrated targeting and vaccine delivery at the high speeds and accuracy needed to integrate and support improved bird performance within current commercial poultry operations," said Ramin Karimpour, ALSS Founder and CEO. "We look forward to the successful commercialization and launch of our systems in 2022. We are highly excited to continue our partnership with Merck Animal Health, a leader in the global animal health industry, Mountain Group Partners, one of the top investors in Life Sciences and Animal Health industries, and Oval Park, a local early-stage investment firm."
"We are delighted with the progress by the ALSS team," said Stephen Murray, B.V.Sc., executive director, Merck Animal Health Ventures. "Merck Animal Health's investments in early-stage technology have the potential to deliver meaningful innovation to our customers, which complements our own portfolio of medicines, vaccines and technology services. Leveraging our knowledge of poultry vaccination alongside ALSS is enabling their breakthrough technology to significantly increase vaccination rates and enhance poultry production, management and health outcomes."
"We are very pleased with the progress that ALSS has made toward commercialization of its disruptive vaccine delivery technology. ALSS's technology will significantly improve vaccination efficiency and provide a great tool to producers. We look forward to working with ALSS as they take this next step forward into commercialization" said Rob Readnour, Managing Director at Mountain Group Partners.
"The ALSS team has made tremendous progress developing their novel individual vaccine delivery system for the poultry industry," said Justin Wright-Eakes, Managing Partner at Oval Park Capital. "We are delighted to continue supporting ALSS as it transitions into the commercialization and growth phases, and we're excited to watch the transformative impact of ALSS' technology on global protein production in the coming years."



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. Wednesday, September 22, 2021  Wed, 22 Sep 2021 15:53:48 CDT
  • During Fair Season, Animal Health is Imperative Locally and Globally  Wed, 22 Sep 2021 15:47:27 CDT
  • Congressman Frank Lucas Describes $3.5 Trillion Budget Plan as Haphazard  Wed, 22 Sep 2021 14:46:27 CDT
  • Sign up Now for the 100 Schools for Pollinators Challenge  Wed, 22 Sep 2021 11:50:43 CDT
  • Don Close, VP of Rabo AgriFinance Explains How Beef Won Over the Chinese Consumer  Wed, 22 Sep 2021 10:39:37 CDT
  • OSU's Paul Beck Presents Part One of Making Money in the Cattle Business: Buy Low and Sell High  Wed, 22 Sep 2021 10:09:19 CDT
  • Farmers and Ranchers to Engage in Global Climate Conversation  Wed, 22 Sep 2021 09:56:47 CDT
  • USDA and HHS Launch Resource Guide to Help Rural Communities Increase Access to Child Care Services   Wed, 22 Sep 2021 09:13:20 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.


    Search OklahomaFarmReport.com

    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.