Giles Shih - President and CEO of BioResource International

my name is Giles G I'm president and CEO of bioresource international were agriculture biotechnology company based in the RTP area Research Triangle Park in North Carolina we are basically helping to grow healthier and bigger chickens in a sustainable way we have a natural feed supplement that we had developed in collaboration with NC State North Carolina State University and what it does is it helps supplement the animal's natural digestive enzymes to get more nutritional value out of their feet we started the company with the idea of commercializing these enzymes for poultry and for big animal feed applications as long as there are people eating more chickens and pigs around the world we see that a lot in in the developing countries in the emerging countries we have a huge opportunities overseas we call them our big green chickens basically they're healthy sustainable poultry production because it's a natural supplement it's not a antibiotic it's not a hormone this is a something that's derived from nature the product is produced by fermentation so it's like brewing beer or alcohol but we're brewing an enzyme and these are done in very large scale fermentation tanks the product comes to us as a spray dried concentrated product and then we have a mixing facility and packaging facility in North Carolina where we mix and blend and package the final product and so the core of our business is really research and development production and delivery so our customers would be the Purdue's and Tyson's of the world and the Smithfield is the ones that are growing Moultrie and growing swine and what they do is they add the product as an additive about one pound per ton of feet or half a kilo per metric time in their feed mills where they're mixing corn and soybean and other rations and then deliver it to the farms that way we sell out a product in to Brazil into India eventually into China huge populations that have a need for you know growing more poultry and swine and we are part of that and that's really exciting for us and for a lot of people if you can help them grow a chicken or big at pennies less per pound than they're interested that's what you lead with but then what we also say is that there's an added benefit here because if you're a chicken or your Pig digests the feed better they're gonna pollute less and therefore you're gonna have less issues with environment we've done studies to show when you use our enzyme you can lower the nitrogen that's excreted as a byproduct because the animals digest know their food better but it's it's not an easy sell it takes time people want to have healthy poultry that they know have been grown without the use of artificial products and we think that we can be part of that long term solution but these things don't change overnight in India and China they have to be more resourceful and find ways to grow their chickens and pigs economically it's sustainable and environmentally sustainable ways we're not just helping to grow bigger chickens we're feeding the world and this is an increasingly important issue as the population grows