Matrix Biosciences, a part of Matrix group has informed that the company has acquired rights of 13 technologies — six herbal pesticides and seven veterinary products — from grassroot innovators associated with Society for Research and Initiatives for Sustainable Technologies and Institutions (SRISTI)-National Innovation Foundation (NIF).

Matrix, which plans to market these products under its own brand names, plans register in Thailand, Hong Kong, Indonesia and Philippines.

Under the initiative, the rights of six herbal pesticides and seven veterinary products for curing ailments have been transferred to the company.

The herbal products — SRISTI Krushak, SRISTI Rakshak, SRISTI Shastra, SRISTI Shakthi, SRISTI Prayas and SRISTI Suraksha — and seven veterinary products to cure ailments like coccidiosis, immunity in birds, mastitis, lactogogue diarrhoea, wound and bloat were licenced to the company.

Established in 1996, the multi-service, globally inclined Matrix Group began its operations in Hyderabad and currently is a market leader in various regions of India in the sectors of aquaculture, agricultural products, and infrastructure development.  

Under the leadership of founder, Chairman and Managing Director Mr. Siva Prasad, the company has partnered with the global giant Cargill Animal Nutrition in its biosciences venture – Matrix BioSciences – and has supported Cargill’s launching of Indian operations. The Matrix Group is privately held.