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SenesTech, Inc. (NASDAQ:SNES, ", SenesTech", or the ", Company", ))), the leader in fertility control to manage animal pest populations, today announces its entry into an exclusive distribution agreement with Asa Jaya Mandiri LTD (AJM) for the commercialization of Evolve™ in Indonesia.
Rats pose a significant threat to palm oil plantations, where they feed on young palm shoots, bore into oil palm fruit bunches, and damage fronds—ultimately reducing yield and slowing tree maturation. In Indonesia, where palm oil is a major agricultural export, rat infestations have been estimated to reduce yields by as much as 5–10% annually. With the country's palm oil market valued at approximately USD 10.8 billion in 2024, this translates to potential economic losses of between USD 540 million and USD 1.08 billion each year.
Posted In: SNES
