Company Name | Vapalight Ltd
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Description of company/ product
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Key Selling points | The technology can be applied to any real life scenario that demands or prefers the creation of an artificial environment via vaporisation. As this represents such a broad landscape, we have elected to present the immediate primary target markets.
Household/Domestic A Mintel exclusive consumer report reveals that 58% of UK consumers use air fresheners to neutralise unpleasant odours from pets, smoking and cooking that the spending on aromatic products in the UK in 2005 was in excess of £302 million. The report forecasts a market of over £400m by 2010. The European and USA markets would be the key territories to establish a footprint; The US household fragrance market generates $2billion annual revenues.
Medical There is significant scope for adapting the leading edge technology to become effective in the pharmaceutical, consumer healthcare and animal health sub sectors of the global medical sphere.
Pharmaceutical-parasiticides, sterile environments and prevention/suppression of infectious diseases.
Animal Health-livestock treatment, horticultural and botany.
Consumer Health-respiratory, allergies, childcare.
The product has DEFRA accredited laboratory test results of a 97% kill/repel rate against mosquitoes, 79% kill/repel rate against house flies and is currently conducting studies against Spider Mites, Fungus Gnats, Thrips, White fly and Greenflies for the Horticultural sector. |
Looking for: | Joint ventures, Licensing agreements, Distributors.
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Patent Status: | UK, USA and PCT status
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Potential Markets/ outlets | Household, Horticultural/Agricultural, Pharmaceutical, Animal Health, Consumer Health. |
Vapalight Ltd has developed a new energy and environmentally efficient multi-purpose vapour delivery system that can be used as an air freshener replacing more traditional aerosol sprays or plug-ins, or more significantly can be used as a delivery system for treatments to prevent or suppress infectious diseases such as malaria which kills a million people each year. The company is looking to penetrate the chemical, household and horticultural sectors.