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Ben Franklin Technology Partners Celebrates Success of Portfolio Company ConidioTec in European Market Expansion

Andermatt Biocontrol Suisse Joins Forces with ConidioTec to Launch Innovative Bed Bug Product in Europe

In a significant stride towards global expansion, Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP) celebrates the success of its alumni portfolio company, ConidioTec LLC, in a strategic partnership with Andermatt Biocontrol Suisse. The collaboration aims to introduce the groundbreaking Aprehend® biopesticide into the European market, providing an effective solution for the control and prevention of bed bug infestations.

Aprehend® has secured registration in both the US and Canada, swiftly establishing itself as the preferred choice for Pest Management Professionals (PMPs) combatting bed bug infestations in North America. Taking a strategic step towards expanding its reach, Andermatt Biocontrol Suisse is set to enhance Aprehend® further. The formulation will integrate Beauveria bassiana from the South African affiliate, Andermatt PHP. Andermatt Biocontrol Suisse is committed to navigating the regulatory landscape and initiating the biocide registration process for the European Union (EU).Top of Form

A Journey of Innovation: ConidioTec and Ben Franklin Technology Partners

ConidioTec’s journey with Ben Franklin Technology Partners has been nothing short of remarkable, having emerged as the winner of Ben Franklin’s TechCelerator program in 2013. ConidioTec also clinched the top spot in Ben Franklin’s Big Idea Business Plan contest in 2014, affirming its position as a leader in biopesticide development. The company received a total investment of $306,619 from Ben Franklin.

Stephen Brawley, CEO of Ben Franklin Technology Partners, expressed his enthusiasm, stating, “We are thrilled to witness ConidioTec’s success in the US & Canadian markets. This European partnership exemplifies the impact of our support system in fostering groundbreaking solutions and driving economic growth.”

Roots in Pennsylvania’s Happy Valley

As ConidioTec expands globally, its roots remain deeply embedded in Pennsylvania’s Happy Valley. Donald McCandless, ConidioTec’s CEO, explained the company’s affinity for the area, stating, “The community support here is exceptional, fostering a unique synergy between entrepreneurs, the esteemed university, and instrumental organizations like Ben Franklin Technology Partners. The collaborative spirit of Happy Valley, coupled with the robust support network, has been instrumental in our journey towards global success. We are proud to call Pennsylvania home as we venture into new horizons with Andermatt Biocontrol Suisse, making strides in the European market with our groundbreaking Aprehend® biopesticide.”

The collaboration between Andermatt Biocontrol Suisse and ConidioTec marks a significant chapter in the journey of both companies, showcasing the power of strategic partnerships in advancing innovative solutions on a global scale.

About ConidioTec

ConidioTec LLC is a privately held company based in Pennsylvania, USA. Their initial product, Aprehend, was launched in 2017 based on technology licensed from The Pennsylvania State University. Aprehend is now sold throughout the US & Canada and is increasingly relied on for the most challenging infestations in residential, multi-unit housing, rental properties, long-term care facilities, and commercial properties. The ConidioTec team has decades of experience in biopesticide development, production, quality assurance, commercial use of biological control agents, and domestic and international sales and distribution of technical products.