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NA24OARX021G0016

Project Grant

Overview

Grant Description
Purpose: Hatchery production is one of the largest costs and restraints to fin fish aquaculture and conservation fisheries.

Therefore spawning aids are ranked as a high priority drug by the Association of Fish and Wildlife Agencies-Drug Approval Working Group.

Project PI has successfully developed and demonstrated superiority of our slow release spawning implants in a large number of fish species and has been able to gain FDA eligibility for indexing.

However, the current manufacturing methodology, while safe and effective, is very labor & time intensive, and therefore a hurdle to scaling.

This proposal investigates a new manufacturing technology, innovative for veterinary drugs (including the aquaculture industry) and for our hormone active ingredient.

Three research trials must be completed to submit an amendment to our FDA indexing approvals and for commercialization: (1) Demonstrate the manufacturing methodology can produce an analytically stable hormone implant; demonstrate (2) target animal safety and (3) efficacy of the new implant in fish.

Target animals safety and efficacy trials will be completed at Project PI Live Advantage Bait Hatchery, and manufacturing trials and analytics will be completed by an FDA approved facility.

The ability to spawn fish in captivity will result in expansion of the commercial aquaculture and fisheries conservation industries.

Currently the U.S. has a $17 billion seafood trade deficit, with nearly 90% of the seafood we eat coming from abroad and over half of that from aquaculture (NOAA Fisheries, 2022).

Climate change and the changing ocean will only increase our dependency on aquaculture to fulfill this seafood gap and to aid in the conservation of imperiled species.

With the assistance of spawning aids, U.S. aquaculture production can become more competitive domestically as well as internationally, reducing our trade deficit and increasing GDP.

Currently there are no FDA approved spawning aids for non-ornamental fish on the market.

If successful, this project will enable switching our FDA indexed spawning implant to a new manufacturing technology, resulting in cheaper and more efficient commercialization.

From current estimates of spawning aid use and wholesale purchase cost, we estimate the spawning aids are a $30 million market, of which we feel our implant will capture 30% or more.
Funding Goals
18 CLIMATE ADAPTATION AND MITIGATION 19 WEATHER-READY NATION 20 HEALTHY OCEANS 21 RESILIENT COASTAL COMMUNITIES AND ECONOMIES
Place of Performance
Fort Pierce, Florida 349461409 United States
Geographic Scope
Single Zip Code
Live Advantage Bait was awarded Project Grant NA24OARX021G0016 worth $175,000 from National Oceanic and Atmospheric Administration in August 2024 with work to be completed primarily in Fort Pierce Florida United States. The grant has a duration of 5 months and was awarded through assistance program 11.021 NOAA Small Business Innovation Research (SBIR) Program. The Project Grant was awarded through grant opportunity NOAA SBIR FY 2024 Phase I.

SBIR Details

Research Type
SBIR Phase I
Title
Optimizing Manufacturing Efficiency for a Hormone Implant to Facilitate Maturation and Spawning in Fish
Abstract
Hatchery production is one of the largest costs and restrains to fin fish aquaculture and conservation fisheries, therefore spawning aids are ranked as a high priority drug by the Association of Fish and Wildlife Agencies-Drug Approval Working Group. Project PI has successfully developed and demonstrated superiority of our slow release spawning implants in a large number of fish species and has been able to gain FDA eligibility for Indexing. However, the current manufacturing methodology, while safe and effective, is very labor & time intensive, and therefore a hurdle to scaling. This proposal investigates a new manufacturing technology, innovative for veterinary drugs (including the aquaculture industry) and for our hormone active ingredient. Three research trials must be completed to submit an amendment to our FDA Indexing approvals and for commercialization: (1) demonstrate the manufacturing methodology can produce an analytically stable hormone implant; demonstrate (2) target animal safety and (3) efficacy of the new implant in fish. Target animals safety and efficacy trials will be completed at project PI Live Advantage Bait hatchery, and manufacturing trials and analytics will be completed by an FDA approved facility.
Topic Code
9.3
Solicitation Number
NOAA-OAR-TPO-2024-2008184

Status
(Complete)

Last Modified 3/5/25

Period of Performance
8/1/24
Start Date
1/31/25
End Date
100% Complete

Funding Split
$175.0K
Federal Obligation
$0.0
Non-Federal Obligation
$175.0K
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to NA24OARX021G0016

Transaction History

Modifications to NA24OARX021G0016

Additional Detail

Award ID FAIN
NA24OARX021G0016
SAI Number
NA24OARX021G0016-002
Award ID URI
None
Awardee Classifications
Small Business
Awarding Office
1305N2 DEPT OF COMMERCE NOAA
Funding Office
1333BR OFC OF PROG.PLANNING&INTEGRATION
Awardee UEI
SJR8L899NZL5
Awardee CAGE
6XW90
Performance District
FL-18
Senators
Marco Rubio
Rick Scott
Modified: 3/5/25