BioForest Technologies Inc. has only nine full-time employees, but it has massive potential in an industry dominated by multi-nationals
November 02, 2012 — Sault Ste Marie, Ontario
In a biotech industry led by multi-billion dollar chemical companies like Monsanto, it’s nearly unheard of for a company the size of BioForest Technologies Inc. to gain a seat at the table. Yet thanks to the support of the National Research Council of Canada Industrial Research Assistance Program NRC-IRAP, this growing firm is a player, and its growth potential is significant.BioForest makes an organic pesticide that it calls TreeAzin, a substance produced from extracts of neem seeds. Neem is a tree in the mahogany family, Azadiracta indica. Growing in tropical and semi-tropical regions, its fruits and seeds are the source of neem oil. The product alone sets BioForest apart in the marketplace—but if TreeAzin is the cake, its EcoJect System is the icing. EcoJect is BioForest’s unique micro-injection method for applying the pesticide.