July 27th - Interview with Larry Horn
How did TNG get started as a company?
TNG Pharmaceuticals started in the Entrepreneurship program at the University of Louisville. Our CEO, Jenny Corbin, found our patent protected, platform technology, FlyVax, at Auburn University’s Office of Technology Transfer. As an academic team we competed on a global business plan competition circuit where we won four of five competitions, including the world’s richest, largest, and most prestigious competitions. These victories gave us the necessary seed capital to begin our transition from an academic team to a company focused on commercializing our technology.
Regarding your product, what are you the most excited about?
There is a lot to be excited about with FlyVax. FlyVax is intended to counteract the harmful effects of the horn fly. The horn fly is considered the most health-depleting and economically damaging pests of cattle. The blood-sucking horn fly causes over $1 billion in economic devastation annually in North America. FlyVax has the opportunity to alleviate this pain by systematically eliminating horn fly populations. This would result in increased beef and dairy production and decrease labor cost for America’s cattle farmers.
What are some benefits of having TNG located in Kentucky?
We are excited to have TNG stay in Kentucky. After our success in the business plan competitions, TNG was offered attractive incentive packages to relocate our business to Texas and other states. These communities could not offer the genuine support that we have been provided in Kentucky. We have been overwhelmed with the backing of mentors, advisors, investors and institutions that have helped TNG continue to be successful.
How do you see involvement with Startup Kentucky benefiting your company going foward?
Startup Kentucky has the potential to be extremely valuable to TNG. The idea of being able to leverage the assets of other regions across the country will give us the opportunity to access specific animal health resources that may be available in communities. These resources may have been otherwise difficult to locate without a medium that easily connects us.
Larry Horn, President & COO
Jenny Corbin, CEO