Navigation Links
Biotechnology key to developing sustainable industries says international panel
Date:6/17/2008

SAN DIEGO, CA (June 18, 2008): Despite recent controversies over crop-based biofuels, biotechnology offers some of the best opportunities to create a more sustainable world, with applications as diverse as new sources of energy, new materials for industrial and consumer uses, and high quality agricultural products with better production economics. But, for new products and technologies to be truly sustainable, they must be not only good for society and the environment, but have real economic value as well, according to an international panel of industry, governmental, and venture capital representatives at the 2008 BIO International Convention in San Diego.

"Excitement about biofuels and other new energy sources has served to bring growing interest to the concept of creating industries that are more sustainable over the long term and respond to environmental concerns," said Michael Pavia, Entrepreneur-in-Residence at venture capital firm, Oxford Biosciences (http://www.oxbio.com ). "Investors are increasingly recognizing the much larger business opportunities and enormous synergies that lie in applying biotechnology to other areas in the service of sustainability."

"For example, New Zealand has a long history of life science research applied to agriculture that is now being leveraged across a wide range of applications not only in food production, but far beyond," said Chris Boalch, Ph.D., Director, Investment New Zealand (http://www.investmentnz.govt.nz/section/14246.aspx ). "These include the development of new biomaterials to replace older petroleum-based products and more economic, environmentally sound agricultural methods, as well as technologies and products that deliver prospects for better health, in more sustainable, integrated ways." He noted that as part of the country's goal of becoming the first truly sustainable nation, New Zealand had recently announced a major government-industry partnership to jointly fund innovative R&D aimed at making the country's pastoral and food industries environmentally and economically sustainable.

Much of the new investment interest has been in the area of biomaterials. Jim Mills, President and Chief Executive Officer of U.S. start-up Draths Corporation (http://www.drathscorporation.com ) noted that biotechnology offers potential to reduce much of industry's reliance on petrochemicals, as bio-based approaches are increasingly applied to the production of fine chemicals and chemical intermediates, strategic materials, and other previously petroleum-derived products.

Equally important as "green" materials to the mission of sustainability is the development of more sustainable production methods, said Paul Kinnon, President and CEO of ZyGEM (http://www.zygem.com), which has operations in both New Zealand and the United States. He noted that many enzymes sourced from microorganisms living in extreme environments around the globe, such as the volcanic vents bio-prospected by ZyGEM, offer unique characteristics that can be exceptionally valuable in developing new technologies for clinical, industrial and laboratory purposes, including the efficient production of biofuels from a variety of sources.

Bruce Campbell Ph.D, General Manager of Science Operations and Acting CEO at New Zealand's HortResearch (http://www.hortresearch.co.nz ) says biotechnology will also improve the sustainability of horticultural production systems, as well as generating new plant-derived biomaterials. "Unlocking the genome of economically important fruit species enables us to breed cultivars adapted to climate change and with reduced need for agrichemical inputs and irrigation. It also allows fruit genes to be used in industrial applications, such as the biofermentation of nature-identical fruit flavors and fragrances."


'/>"/>

Contact: Joan Kureczka
JKureczka@comcast.net
415-821-2413
Kureczka/Martin Associates
Source:Eurekalert

Related biology news :

1. Genetic Engineering & Biotechnology News reports on growing use of cell-based assays
2. Food biotechnology: real world challenges
3. Genetic Engineering & Biotechnology News reports on cancer biomarkers
4. Biotechnology needs 21st century patent system: Expert
5. Genetic Engineering & Biotechnology News reports on advances in miRNA
6. Workshops on biotechnology and water for science journalists
7. Monsanto expands sponsorship for Peking-Yale Joint Agrobiotechnology Center
8. Molecular clock could predict risk for developing breast cancer
9. Slowly-developing primates definitely not dim-witted
10. Stanford researchers developing 3-D camera with 12,616 lenses
11. Major scientific push to tackle agricultural productivity and food security in developing world
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/30/2017)... , June 30, 2017 Today, American ... and supplier of face and eye tracking software, ... Product provider program. "Artificial intelligence ... way to monitor a driver,s attentiveness levels while ... being able to detect fatigue and prevent potential ...
(Date:5/16/2017)...   Bridge Patient Portal , an enterprise ... EMR Systems , an electronic medical record solutions ... established a partnership to build an interface between ... Centricity™ products, including Centricity Practice Solution (CPS), Centricity ... new integrations will allow healthcare delivery networks using ...
(Date:4/17/2017)... NXT-ID, Inc. (NASDAQ: NXTD ) ("NXT-ID" or the ... Annual Report on Form 10-K on Thursday April 13, 2017 with ... ... Relations section of the Company,s website at http://www.nxt-id.com  under "SEC ... . 2016 Year Highlights: Acquisition ...
Breaking Biology News(10 mins):
(Date:10/11/2017)...  VMS BioMarketing, a leading provider of patient support solutions, ... Educator (CNE) network, which will launch this week. The VMS ... care professionals to enhance the patient care experience by delivering ... health care professionals to help women who have been diagnosed ... ...
(Date:10/10/2017)... ... October 10, 2017 , ... San Diego-based team building ... corporate rebranding initiative announced today. The bold new look is part of a ... company moves into a significant growth period. , It will also expand its service ...
(Date:10/10/2017)... Calif. , Oct. 10, 2017 SomaGenics ... from the NIH to develop RealSeq®-SC (Single Cell), expected ... for profiling small RNAs (including microRNAs) from single cells ... Program highlights the need to accelerate development of approaches ... "New techniques for measuring levels ...
(Date:10/9/2017)... ... October 09, 2017 , ... At its national board meeting in North Carolina, ... Harvard University’s Departments of Physics and Astronomy, has been selected for membership in ... team for the 2015 Breakthrough Prize in Fundamental physics for the discovery of the ...
Breaking Biology Technology: