LOS ANGELES, October 5, 2021 / PRNewswire / – Dalan Animal Health, Inc., a biotechnology company that develops vaccines for new age production animals, today announced that it has closed funding for a $ 1.9 million round seed.
This funding accelerates the company’s development and business activities for the launch of a revolutionary honey bee vaccine targeting American foulbrood, a highly contagious disease that threatens beehives worldwide.
The company recently completed safety and efficacy testing of its first product and will submit a license application for conditional approval of the vaccine this fall. “It is very exciting to have strong support from our investors on this innovative vaccine. This is not only an innovation for animal health, but an important step in saving bees and providing a more sustainable food supply, ”said CEO of Dalan. Annette kleiser.
Dalan plans to raise larger round of funding in 2022 to expand business offering and advance pipeline of new vaccines for others new production animals.
About Dalan Animal Health, Inc
Dalan Animal Health (www.dalan.com), a Delaware company, incorporated December 2019 has its seat at Los Angeles, CA. The company currently operates virtually, in partnership with laboratories of Europe and the United States. The company plans to become a fully integrated company over the next 18 months. Dalan will expand its product development to other underserved industries such as shrimp, mealworms and grasshoppers used in the production of feed and food. Up to 40% annual losses from disease limit growth in these multi-billion dollar industries. The vaccines developed by Dalan are a breakthrough for these industries.
Dalan’s strategic board and investors include Neal carter, President Okanagan Specialty Fruits, Linda rhodes, director of animal health and former founder of Aratana, Petteri Saarinen, CEO LEDiL Oy, Peter Brons Poulsen, President Colgate Palmolive Europe, and Annette kleiser, CEO of Dalan.
Related links https://www.dalan.com
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