Mayoman seeks to create germ-free eggs

Mayoman seeks to create germ-free eggs

A Mayo businessman who claims to have the technology to create the world’s first germ-free eggs is seeking €100 million in fundraising to mass-produce eggs for vaccines.

Leonard Moran has engaged Goodbody Stockbrokers to raise the funds and is set to launch his new company Ovagen International at the World Vaccine Conference in Lyon, which begins tomorrow.

Ovagen is telling investors on its roadshow that it intends to produce 100 million eggs from germ-free chickens annually. The firm estimates that the germ-free eggs could fetch €6 each, implying annual turnover in excess of €600 million within three years.

Under its business plan Ovagen anticipates employing...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription


For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription


For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription


For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

More from The Business Post