Kirchner Group Bringing Industry-Based Expertise to Foundation for Food and Agriculture Research Initiative

– Kirchner will advise International Consortium for Antimicrobial Stewardship in Agriculture (ICASA) –

Birmingham, AL and Washington, DC – October 11, 2018 – Kirchner Group, a leading asset manager and boutique advisor to companies and investors in the agriculture technology and life sciences sectors, announced today that it will advise the Foundation for Food and Agriculture Research’s (FFAR) newly formed International Consortium for Antimicrobial Stewardship in Agriculture (ICASA). Antibiotic resistance is a growing global issue. As more bacteria develop the ability to defend themselves against the chemicals designed to destroy them, our food supply and safety is threatened. As a result, constant development of new antimicrobials are required to combat the bacteria.

“We are excited to work alongside FFAR on this important initiative,” commented W.B. (Bud) Kirchner, CEO and Founder of Kirchner Group. “On the back of almost four decades of multifaceted experience in both the agriculture and health sciences sectors, we are well positioned to help create value within the consortium and look forward to working closely with FFAR.”

FFAR provided $7.5 million for ICASA to support antimicrobial stewardship and to prevent antibiotic resistance. ICASA advances antimicrobial research by bringing new ideas to the forefront, accelerating innovation, using partnerships for scaling advances and leveraging resources and funding. ICASA is an industry-oriented program because the current food and agriculture industry functions as a global supply chain, affecting all aspects of food supply and safety. The industry’s potential to drive real changes and the key to widespread adoption, from producer to consumer depends on its understanding of economic feasibility.

“The Foundation for Food and Agriculture Research was created to facilitate partnerships across the agriculture sector to promote the development of more sustainable practices,” stated FFAR Executive Director, Sally Rockey, Ph.D. “This consortium will construct those synergistic partnerships to enhance efforts in combating antibiotic resistance, an increasing concern for our food supply and safety. We are pleased to have Kirchner Group, with their breadth and depth of expertise and relevant experience, collaborating with us.”

A number of high profile corporations and producers have already committed to join the consortium. FFAR is facilitating the establishment and success of the consortium, and the Kirchner Group partnership brings a deep understanding of potential consortium members as well as valuable industry, commercial and transactional insight and perspectives. Kirchner will provide insight and feedback on planning and strategy as well as facilitate introductions to select key companies, organizations and individuals who might be interested in joining or assisting the initiative. Kirchner Group will also participate in select meetings of the consortium and affiliated working groups.
The Foundation for Food and Agriculture Research is still welcoming participants for the consortium.

For more information please contact Dr. Tim Kurt, FFAR Scientific Program Director at tkurt@foundationfar.org.

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Kirchner Group

Kirchner Group was founded in 1985 as a boutique advisory firm and today operates various subsidiaries, providing advisory services (M&A, assessments, diligence) and operational support (interim management, workouts, turnarounds) as well as asset management (dedicated, liquidity optimization) – all leveraging a proprietary approach that dovetails domain and process expertise.

Throughout the decades Kirchner Group has been internationally recognized for its unique business model centered around creating value while promoting values: “earning while returning”. The firm has also established a reputation for building and rebuilding important business and social paradigms in the context of sustainability based on its deep entrepreneurial orientation.

Kirchner Group’s clients and partners include early stage to mid-market companies, venture capital and private equity firms as well as family offices and some of the world’s largest insurance companies, commercial banks and institutional investors. www.kirchnergroup.com

Blair Kirchner
Managing Director | Co-Head of Impact Activities
Kirchner Group
902.817.2405
bgkirchner@kirchnergroup.com

Foundation for Food and Agriculture Research (FFAR)

The Foundation for Food and Agriculture Research, a 501 (c) (3) nonprofit organization established by bipartisan Congressional support in the 2014 Farm Bill, builds unique partnerships to support innovative and actionable science addressing today’s food and agriculture challenges.  FFAR leverages public and private resources to increase the scientific and technological research, innovation, and partnerships critical to enhancing sustainable production of nutritious food for a growing global population. The FFAR Board of Directors is chaired by Mississippi State University President Mark Keenum, Ph.D., and includes ex officio representation from the U.S. Department of Agriculture and National Science Foundation.

Learn more: www.foundationfar.org  Connect: @FoundationFAR | @RockTalking