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Kraig Biocraft Laboratories Announces Expanded Spider Silk Protection with Patent Granted in Vietnam

Kraig Biocraft Laboratories Announces Expanded Spider Silk Protection with Patent Granted in Vietnam
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Kraig Biocraft Laboratories Announces Expanded Spider Silk Protection with Patent Granted in Vietnam

Kraig Biocraft Laboratories Announces Expanded Spider Silk Protection with Patent Granted in Vietnam

Kraig Biocraft Laboratories Announces Expanded Spider Silk Protection with Patent Granted in Vietnam
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

Kraig Biocraft Laboratories Announces Spider Silk Patent Granted in Canada

Kraig Biocraft agrees SpydaSilk apparel joint venture

Kraig Biocraft Laboratories, the developer of spider silk based fibres, has formed a joint venture with eco-friendly streetwear brand MtheMovement to use its technologies in a new apparel line. The partnership will create a SpydaSilk fashion brand using Kraig Labs spider silk fibres. All intellectual property related to SpydaSilk will be jointly owned by Kraig Labs and MtheMovement parent Kings Group. Under the terms of the deal, the joint venture and the SpydaSilk brand have been granted an exclusive geographic license to all Kraig Lab technologies for the ASEAN region, in exchange for a four-year firm commitment to purchase up to US$32m of the raw recombinant spider silk, with an additional projected purchase of $8m.

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