Kraig Biocraft Laboratories, Inc. (KBLB.OB) Leveraging Their Research into Spider Silk
Kraig Biocraft Laboratories Inc. is a biotechnology development company focused on genetically engineered high performance polymers and technical fibers. The company is currently working on research to genetically coax silkworms into producing spider silk. Kraig Biocraft believes that spider silk is a “super fiber” that will have numerous commercial and consumer applications. The overall marketplace for these types of fibers in general is approximated to be $90 billion. According to Emerging Growth Research, an independent industry research firm, if Kraig Biocraft is successful is achieving its goal and producing a spider silk fiber product, “the technology will likely immediately be…