Periodic Reporting for period 1 - Mirnagreen (First scalable food-grade technology for the direct extraction and purification of miRNAs-rich extracts from plants)
Période du rapport: 2019-07-01 au 2019-11-30
Mirnagreen is the most extensive and sustainable platform of all-natural, non-modified functional microRNA extracts, based on an exclusive and proprietary food-grade technology to extract and purify sRNA from plants. The company's production process enables full valorisation of all residues in the food chain, as it derives from plant waste generated by local food producers.
Mirnagreen is a radically new solution that can be integrated into a wide range of products, from nutraceuticals and cosmeceuticals/personal care products to agro bio stimulants, pet food, etc and, eventually, to drugs and therapeutic solutions for chronic inflammation.
In Phase 1, MRG confirmed the minimum viable product and prepared a detailed work plan with the activities to be implemented to reach the commercial phase. It also contacted and confirmed key external partners that will be needed to finalise the innovation project. As a conclusion to the business feasibility assessment, MRG determined that Mirnagreen is the source of a viable commercial application, and that it has the potential to efficiently provide sRNA extracts to be formulated in different products. Thanks to the feasibility study, MRG was able to identify the main go-to-market customers for the product, identify what potential customers desire from the company and also perform detailed market and competitor analyses.