The Iowa Tech Podcast, hosted by Kaylee Williams, Investment Director at InnoVenture Iowa, features an intriguing discussion with Dr. Alex Hutagalung, CEO and co-founder of Pyrone Systems. Pyrone Systems, a portfolio company of InnoVenture Iowa, focuses on sustainable chemistry, particularly developing a new natural insecticide called Pyronz. This insecticide aims to address the significant issue of resistance found in insects, such as mosquitoes, to traditional synthetic insecticides. The active ingredient, Pyronz, derived from the patchouli plant, provides a solution for resistant mosquitoes and other pests. The company has innovated a method to produce Pyronz at scale, using a sustainable chemical process developed in collaboration with experts from Iowa State University.
Dr. Hutagalung shares insights into the company's journey, emphasizing the importance of market-driven innovation and the value of mentorship and collaboration. He highlights the potential for Pyronz to revolutionize the insecticide market with its eco-friendly and effective properties. The company is currently seeking EPA approval in the U.S., expected to take about two years, but aims to launch in Malaysia sooner, utilizing an exemption from registration. This strategic move positions Pyrone Systems to tackle mosquito-related challenges in Southeast Asia, where diseases like dengue pose significant health risks. The podcast underscores the promising impact of Pyrone Systems' work and its potential to transform pest control on a global scale, while also reflecting on the entrepreneurial journey and the critical role of market need in driving successful innovation.
Hear the full show: https://iowapodcast.com/alex-hutagalung-bioscience-innovations