When companies navigate the regulatory process the contrast between fast paced businesses and bureaucrats can be like the Clash of the Titans.
One such example is Kraig Biocraft Laboratories (OTCQB: KBLB), the only peer-reviewed developer of spider silk based fibers. As a small company with a big biotechnology breakthrough, Kraig Labs has been working on setting up production in Vietnam
Not content to sit back and wait, Kraig Labs established a new R&D facility to help better position for what it hopes to be the world’s first large scale production run of recombinant spider silk, a super fiber with many potential high tech applications ranging from anti-ballistic clothing to medical, including artificial skin and scaffolding for artificial ligaments.
Today, Kraig Labs introduced its new hybrid spider silkworm cocoons, which are estimated to be twice as heavy as the cocoons they were producing just four months ago and such help it commercialize some of the toughest natural fibers for almost the same cost as normal every day silk.
With other efforts in the spider silk space reportedly raising over $300 million, in combined funding to produce synthetic silks, interest in the various technologies continues to grow, so Kraig Labs posted a technology and cost analysis at www.kraiglabs.com/comparison.
The week kicked off with the Wall Street Journal reporting that the Justice Department would approve the proposed $66 billion mega-merger of Bayer (XE: BAYN) and Monsanto (NYSE: MON) “after the companies pledged to sell off additional assets,” which is believed to be the final regulatory hurdle in the U.S.
Once combined, the new agrichemical business will be better positioned to take on the other recently merged competitors, like Dow and DuPont.
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