Meet The Companying Bridging Synthetic Biology Innovation With The World Of Insurance To Ensure Safe Food Production
Terrible insurance policies often prevent innovative new ideas from penetrating the food and beverage industry. Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely.
rapid, accurate outbreak tracking.Usually, crops from up to a hundred different farms are combined, packaged, and distributed. So, when an outbreak occurs, it can take months to confirm the originating farm. If, however, a crop is treated with a spore tag, it can be quickly exonerated if a simple qPCR test of contaminated product fails to identify the tag.
is.While Aanika’s spores certainly solve a very important problem impacting the food supply chain, Bhuyan quickly felt like his company’s solution was an incomplete one. He felt like Aanika could offer more than “just another cool technology.” For someone with a past on Wall Street, it didn’t take long for him to determine what might be a better value prop for Aanika’s customers: insurance.
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