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The Efficient Enzyme System for Green Ammonia Production (05017) efficiently manufacture urease enzymes for the production of ammonia There are currently no reviews for this Innovation.
| The Efficient Enzyme System for Green Ammonia Production (05017)
efficiently manufacture urease enzymes for the production of ammonia |
|
The Urease Efficient Enzyme Production System manufactures large amounts of faster enzymes for ammonia production at a lower cost. |
 Annual Sales Forecast for USA * | Innovation Status |
Idea |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
Development
Status |
Proprietary
Protection Status |
Concept
Score |
| Ultra Low |
$0 |
$21,000 |
$120,000 |
1 of 5
In Development
|
2 of 5
Patent Pending
|
36 29 is
Average
|
| Low Support |
$310,000 |
$620,000 |
$1.1 M |
| Medium Support |
$2.7 M |
$4.1 M |
$6.2 M |
| High Support |
$7.5 M |
$11.3 M |
$16.4 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$13.9 M |
$21.2 M |
$30.6 M |
Unknown
|
Unknown
|
The Efficient Enzyme System for Green Ammonia Production (05017)
- efficiently manufacture urease enzymes for the production of ammonia
Final Decision Maker: manufacturers of ammonia and agricultural fertilizers
Enzymes are proteins that increase the speed of chemical reactions and can be used for a wide variety of industrial applications, including the synthesis of ammonia. Ammonia has uses as a household cleaner, fertilizer, and alternative fuel source. Globally, more than 1% of manmade power is directed toward industrial production of ammonia. The Efficient Enzyme System for Green Ammonia Production reduces these energy inputs for ammonia by relying on specially designed enzymes isolated from algae rather than bacteria. The large-scale production of enzymes in industrial settings often requires the use of bacteria that are specially designed to produce large amounts of a particular enzyme. Bacteria, however, are unable to produce a class of specially engineered enzymes known as "selenoproteins." Selenoproteins have the unique ability to dramatically increase the rate of chemical reactions when compared to similar enzymes produced only by bacteria. Some selenoproteins make common industrial and household chemical reactions proceed at a rate that is 400% faster than reactions catalyzed by bacteria produced enzymes. The Efficient Enzyme System for Green Ammonia Production makes commercially relevant quantities of a selenoprotein enzyme that creates at a cost that is 10% lower than traditional, bacteria-based systems. Using single-celled green algae to manufacture the more efficient selenoprotein enzymes that generate ammonia, the Efficient Enzyme System for Green Ammonia Production makes it easier to produce selenoproteins in large-scale, industrial-sized amounts. More importantly, the Efficient Enzyme System for Green Ammonia Production harnesses the photosynthetic power of green algae to reduce energy inputs into the enzyme production process and allows manufacturers to cut enzyme production costs. The primary inventor is a former Fulbright Scholar and world-renowned expert in algae-based biotechnology.
| $300 for 1 mg of enzyme produced by the efficienzyme system | Seeking: Purchase |
|
* Consumption sales forecast. Does not include "Random" events or "Inventory Fill". Forecast is for Year 1 for Large or Year 2 for Small Companies.
Forecast should be read as ..."With Low marketing support there is an 80% odds of achieving sales of at least... |
| Listing #: USA.76.012210.005 |
Page 1 of 5 |
Date Posted: 2010-01-26 |
|
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Report Assumptions and Inventor(s) Commentary
|
|
| Inventor(s) Assumptions |
"Most Likely"
Estimate |
Confidence |
Inventor(s) Commentary
Data Source or Basis for Assumptions |
| # of Possible Final Decision Makers |
500 |
30% |
The number is based off of the US agricultural chemicals manufacturing industry.
http://tinyurl.com/ye2nxyl
|
| Revenue per First Purchase |
$120,000.00 |
10% |
US consumption per month = 2mil Mt = 23 millionMt per year. Each company produces 4000tons per month. 1mg need per 1tons.
table 1 - http://www.ers.usda.gov/Data/FertilizerUs |
| % that will Repeat |
60% |
20% |
% Repeat rate is based off the industrial standard. |
| Number of Annual Repeats |
10 |
20% |
Number of repeats is based off of monthly purchases throughout the year. |
| Revenue per Repeat Purchase |
$120,000.00 |
10% |
Purchase the same amount of enzymes per month. |
| Reseller (Trade) Margin |
50% |
40% |
Based off the industrial reseller profit margin. |
| Producer Profit (EBITD) |
7% |
10% |
Net profit margin is based on the industry standard for fertilizer manufacturers |
| |
| Innovation Status |
|
Development
Status |
1 of 5
In Development
|
Product is already being used by the primary inventor. |
| Cost to First Sale (remaining) |
Unknown |
60% |
Cost to first sale is unknown at this time. |
| Time to First Sale (remaining) |
Unknown |
60% |
Time from today to first sale is unknown at this time. |
| Confidence in Concept Claims made in description |
50% |
Based off of the experiments from lab testing. |
Proprietary
Protection Status |
2 of 5
Patent Pending
|
A provisional patent has already filed for. |
| Concept Score & Diagnostics |
|
|
| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
 |
|
|
| Reason to Believe |
|
|
|
| Dramatic Difference |
|
 |
|
|
| Listing #: USA.76.012210.005 |
Page 2 of 5 |
Date Posted: 2010-01-26 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Inventor Commentary & Alternative Development Scenarios
|
|
| Inventor(s) Sales Goals |
| Minimum Goal |
$- |
Current GOAL |
$- |
Ammonia will be produced quicker and cheaper to be used in agricultural fertilizer. |
Inventor(s) Commentary:
NOTE: This innovation is represented by The Ohio State University and was input by the Planet Eureka! Team who is solely responsible for its content. All cost and pricing information was estimated by the Planet Eureka! Team. To access more complete information simply click on “Link to Website With More Complete Info” or on “Email Inventor(s)” on the bottom of page 1 of this report. |
|
CURRENT SALES FORECAST |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$21,000 |
$120,000 |
| Low Support |
$310,000 |
$620,000 |
$1.1 M |
| Medium Support |
$2.7 M |
$4.1 M |
$6.2 M |
| High Support |
$7.5 M |
$11.3 M |
$16.4 M |
| Ultra High |
$13.9 M |
$21.2 M |
$30.6 M |
If MARKETING CONCEPT Improved (Increase Concept Score by +20 Points) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$33,000 |
$200,000 |
| Low Support |
$500,000 |
$970,000 |
$1.7 M |
| Medium Support |
$4.4 M |
$6.6 M |
$9.4 M |
| High Support |
$12.4 M |
$17.9 M |
$25.1 M |
| Ultra High |
$23.3 M |
$33.6 M |
$46.3 M |
If PRODUCT/SERVICE Improved (Increase Repeat Rate & Number of Repeats by 30% and Revenue Per Purchase 20%) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$39,000 |
$230,000 |
| Low Support |
$570,000 |
$1.1 M |
$2.1 M |
| Medium Support |
$5.0 M |
$7.8 M |
$11.6 M |
| High Support |
$14.0 M |
$21.0 M |
$30.8 M |
| Ultra High |
$26.2 M |
$39.4 M |
$57.8 M |
If MARKETING CONCEPT and PRODUCT/SERVICE Improved (Increase Concept +20 Points, Repeat Rate & Number of repeats by 30% and Revenue per purchase 20%) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$62,000 |
$370,000 |
| Low Support |
$930,000 |
$1.8 M |
$3.2 M |
| Medium Support |
$8.3 M |
$12.2 M |
$17.7 M |
| High Support |
$23.1 M |
$33.6 M |
$47.0 M |
| Ultra High |
$43.5 M |
$63.1 M |
$87.8 M |
|
| Listing #: USA.76.012210.005 |
Page 3 of 5 |
Date Posted: 2010-01-26 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Details
|
|
| Fair Market Royalty (%) |
| |
Conservative - 80% Odds
Royalty Percentage |
Most Likely - 50% Odds
Royalty Percentage |
Aggressive - 20% Odds
Royalty Percentage |
| At CURRENT State & Status |
0.7% |
1% |
1.3% |
Sales & Marketing
Support Level |
Annual Inventor Royalty Revenue |
3 Year Value
to Inventor
If 50% Odds |
| 80% Odds |
50% Odds |
20% Odds |
| Ultra Low Support |
$83 |
$220 |
$430 |
$660 |
| Low Support |
$1,300 |
$2,800 |
$4,700 |
$8,400 |
| Medium Support |
$10,000 |
$19,000 |
$29,000 |
$56,000 |
| High Support |
$29,000 |
$50,000 |
$78,000 |
$150,000 |
| Ultra High Support |
$54,000 |
$95,000 |
$150,000 |
$280,000 |
| Sales & Marketing Support Level Assumptions |
| Sales & Marketing Support Level Assumptions |
Sample Numbers |
% Aware x
% Distribution
(Aware & Able) |
Inventor
Confidence |
| % Distribution |
% Awareness |
| Ultra Low Support (Word of Mouth) |
5% |
3% |
0.2% |
N/A |
| Low Support (Small Company) |
20% |
10% |
2% |
N/A |
| Medium Support (Medium Sized Company) |
50% |
25% |
13% |
N/A |
| High Support (Large Company) |
75% |
45% |
34% |
N/A |
| Ultra High Support (Mega or Niche) |
90% |
70% |
63% |
N/A |
|
Graph of EQUIVALENT (Awareness x Distribution) Combinations
 |
NAICS Industry Codes
For This Invention |
| 32531 - Fertilizer Manufacturing |
| 42491 - Farm Supplies Merchant Wholesalers |
| |
| |
| |
|
| Patent Numbers that apply to this Product/Service |
| 11/922,707 |
| |
| |
| |
| |
|
| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
- |
| GRANTED Patents |
- |
| Licensing Deals SIGNED |
- |
| Innovations that have SHIPPED |
- |
|
For USA Patents: Utility Patent = 7 digit number, Design Patent starts with D, Planet Patent starts with PP. Provisional Application "61/xxx,xxx", Non provisional application "12/xxx,xxx", Design patent application "29/xxx,xxx"
|
|
CAUTION: This Merwyn Business Simulation Research Report includes no warranty or guarantee. Results and opinions should be considered rough and directional in nature. This is because the report is based upon inventor-supplied data and simplified modeling methods. If you are looking to invest, distribute, purchase or become involved with this innovation, in any way, we strongly urge you to validate the inventor data and sales forecasts BEFORE committing yourself or your resources. Merwyn Research, Inc. shall not be responsible for any liability or damages arising out of the failure to perform such investigation and validation. Changes in the concept description, product, pricing, or input assumptions will almost certainly change results.
|
| Listing #: USA.76.012210.005 |
Page 4 of 5 |
Date Posted: 2010-01-26 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Forecasts for Other Countries
|
|
 Annual Sales - Probability Forecast - Canada |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$3,300 |
$20,000 |
| Low Support |
$49,000 |
$98,000 |
$170,000 |
| Medium Support |
$430,000 |
$660,000 |
$980,000 |
| High Support |
$1.2 M |
$1.8 M |
$2.6 M |
| Ultra High |
$2.2 M |
$3.4 M |
$4.9 M |
 Annual Sales - Probability Forecast - United Kingdom |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$5,900 |
$35,000 |
| Low Support |
$86,000 |
$170,000 |
$310,000 |
| Medium Support |
$760,000 |
$1.2 M |
$1.7 M |
| High Support |
$2.1 M |
$3.2 M |
$4.6 M |
| Ultra High |
$3.9 M |
$6.0 M |
$8.6 M |
Forecast are calculated based on population, (PPP) purchasing power parity, International Trade, Urbanization and the Human Growth Index.
Forecast can be skewed for some industries, so for best results, adjusting the number of final decision makers for every country is recommended.
| Listing #: USA.76.012210.005 |
Page 5 of 5 |
Date Posted: 2010-01-26 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
