90-Second Read: SNES: Hantavirus Ship Shines Light on Problem SNES Tackles – Initiating Coverage

Marin NASDAQ: SNES READ THE FULL SNES RESEARCH REPORT Rodent infestations are pervasive, but problem is often undisclosed SenesTech, Inc. The recent outbreak of Hantavirus aboard the MV Hondius cruise ship shines a light on the magnitude Rodent infestations are pervasive, but problem is often undisclosed SenesTech, Inc. DISCLOSURE: Zacks SCR has received compensation from the issuer directly, from an investment manager, or from an investor relations consulting firm, engaged by the issuer, for providing research coverage for a period of no less than one year.

Many regulators are restricting the use of chemical rodenticides. Moreover, used alone, rodenticides and other chemical tools generally are not sustainable as rodents develop resistance to these methods. The industry is increasingly adopting Integrated Pest Management (IPM) programs that include fertility management, such as SNES offers.

In early 2024, SenesTech launched Evolve TM Soft Bait, which the company developed to offer customers a product with similar efficacy to ContraPest® in a format that is easier to deploy. Industry estimates place the global rodenticides market at north of $5.5 billion and growing at an estimated CAGR of nearly 6%, putting it on track to reach nearly $8.7 billion by 2031. Broadening product portfolio expected to expand SNES addressable market SNES's growth strategy includes broadening its product portfolio.