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SenesTech Inc. (NASDAQ: SNES) Eager to Work with Cities to Address Rat Crises Using Effective Fertility-Restricting Method
October 13, 2023

SenesTech Inc. (NASDAQ: SNES) Eager to Work with Cities to Address Rat Crises Using Effective Fertility-Restricting Method

  • SenesTech pioneered an innovative rat control method that restricts the fertility of both male and female rats, ContraPest(R)
  • With cities around the country and the world, in general, implementing a raft of rat control methods, SenesTech is eager to work with city governments to address the rat crises
  • Rat populations are surging in many major cities, driven by the post-COVID rebound in business and climate change
  • Studies show that ContraPest can reduce rat populations by more than 90% and sustain the reduced numbers, when added to an integrated pest management plan

Once threatened by the sudden COVID-induced closure of businesses and restaurants, which forced rats to adapt by moving to residential areas in search of food or die – renowned rodentologist Bobby Corrigan estimates that hundreds of thousands, if not millions, died – the long-tailed rodents are now seemingly enjoying a change of fortune. Rat populations are surging in many major cities, driven by the post-COVID rebound in restaurant operations and the reopening of businesses, which are providing alternative and ample locations where the rodents find food. Moreover, “Climate change has brought longer stretches of warmer weather, which means more time for breeding,” explains an article in PBS (https://ibn.fm/Pqceu).

This is concerning. Rats cause billions of dollars in damages annually worldwide and carry harmful and sometimes deadly diseases. Thus, to avert a crisis, cities have moved to control the vermin, turning their attention toward addressing the trash problem as one of their many rat control initiatives. The Mayor of Washington, D.C., for instance, has allocated $3.4 million for the 2024 financial year to begin the replacement of residents’ trash bins with newer, larger cans.

On the other hand, New York City has changed the trash take-out times for residents and businesses to prevent garbage from sitting out for long, attracting rates. Additionally, the city has started mandating all food-related businesses to securely containerize food waste rather than disposing it in trash bags, with the New York City Mayor Eric Adams also hiring Kathleen Corradi as the new Director of Rodent Mitigation, the city’s first rat czar. New York City and Washington D.C. both rank among the rattiest cities in the country, according to pest control company Orkin, which ranks cities based on the number of new commercial and residential commercial treatments.

As cities continue to come up with and implement rat control initiatives, one company, SenesTech (NASDAQ: SNES), has turned to innovation, developing an innovative and unorthodox anti-rat method that many cities are adopting. SenesTech is looking to work with more cities as they seek to reduce rat populations. This April, company CEO Joel Fruendt attended New York’s Rodent Roundup and, together with SenesTech’s sales team, highlighted the importance of bringing ContraPest to New York City. “We are eager to help the new Rat Czar in addressing New York’s rat crisis in an effective and earth-friendly manner,” commented Fruendt (https://ibn.fm/17I4Q).

ContraPest(R) is a revolutionary technology that targets the reproductive capabilities of the roof and Norway rats, controlling their populations by restricting fertility in both males and females. SenesTech dubs ContraPest as the Birth Control for Rats(TM) and has, in fact, trademarked the tagline. Registered by the United States Environmental Protection Agency (“EPA”) in 2016, ContraPest was the first – and remains the only – rat contraceptive for male and female rats.

Not only is it designed to be humane, but it also does not bioaccumulate, meaning it does not travel up the food chain, affecting non-rat populations. SenesTech says the product is deliciously made with fats and sweets, attracting rats, which keep returning for more. This further boosts its effectiveness. ContraPest indeed works, according to the company. “When used as part of an integrated pest management (“IPM”) program, studies show it can reduce rat populations more than 90% and sustain the reduced numbers,” reads SenesTech’s website (https://ibn.fm/ZHZn7).

To further boost deployment, SenesTech launched a new delivery system for ContraPest, the Isolate Bait System(TM), earlier this year. The system boasts a simple design that enables more efficient deployment. It incorporates an enhanced formulation of ContraPest that is anticipated to offer enhanced performance of the fertility control bait in the field (https://ibn.fm/0d4tb). SenesTech is continuously working to provide effective solutions to the rat problem.

For more information, visit the company’s website at www.SenesTech.com.

NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

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