Navigation Links
Marine biotech industry could grow by 12 percent per year
Date:12/14/2010

Ostend, 14 December 2010 - Europe can become a global leader in marine biotechnology within 10 years, according to a new report from the Marine Board of the European Science Foundation. Marine biotech currently represents a 2.8 billion euro market globally, with potential to grow up to 12% annually if industry and academics work together.

Europe's four seas and two oceans provide a huge variety of conditions of temperature, pressure, light and chemistry, from shallow coastal waters to the deep ocean. The adaptations which have enabled marine organisms to thrive in these conditions have resulted in a living library of diversity which is largely unexplored and underexploited. Marine biotechnologists can develop new products and services based on these resources that can contribute to addressing critical future challenges such as a sustainable supply of food and energy, development of new drugs and health treatments, and providing new industrial materials and processes.

"Marine biotechnology not only creates jobs and wealth, it can also contribute to the development of greener, smarter economies," said Lars Horn of the Research Council of Norway and Chair of the Marine Board. "Japan, China and the USA are already investing heavily in marine biotechnology. If we fail to act, Europe will lose out."

Biofuels are just one example of how marine biotech can help deliver the Europe 2020 strategy: cultivating microalgae for fuel could reduce greenhouse gas emissions by 20%. This technology is perhaps the most promising way of harnessing the ocean's bioenergy, but needs more in-depth research to cut costs and increase production.

Europe's waters also offer a potential source of drugs, biomaterials and industrial products such as biopolymers. More than 13 marine-derived treatments are already in clinical development, many targeting cancer. There is also scope for marine biotech to further improve the capacity of aquaculture to meet Europe's growing demand for sustainable, healthy seafood.

The recently published Marine Board position paper "Marine Biotechnology: A New Vision and Strategy for Europe" provides a roadmap for European research in this field and sets out an ambitious but achievable science and policy agenda for the next decade. The Marine Board predicts that with the right actions taken now, Europe could be a world leader in the field of marine biotechnology by 2020. The actions needed are:

  • developing new research strategies and programmes for marine biotechnology, aligned across the national, regional and pan-European levels
  • improving the technology transfer pathways to strengthen collaboration between academic research and industry
  • securing a fair and equitable access to marine genetic resources to support European innovation in this growing area
  • creating a stronger identity and communicating to raise awareness of European marine biotechnology research

The Marine Board 2020 Vision for European Marine Biotechnology was presented to Maive Rute, European Commission DG Research Director of Biotechnologies, Agriculture and Food at the recent EurOCEAN 2010 conference in Ostend, Belgium. She commented: "The recent developments in the area of Marine Biotechnology promise to be very important for example for applications in the medical sector, by developing new drugs and diagnostic devices."


'/>"/>

Contact: Chloe Kembery
ckembery@esf.org
33-643-172-382
European Science Foundation
Source:Eurekalert

Related biology news :

1. University of Miami marine biology student wins Emmy Award for work on Changing Seas
2. Faster water flow means greater diversity of invertebrate marine life
3. 11 University of Miami grad students receive recognition in marine and atmospheric science
4. Major award to NOC marine geoscientist
5. Marine Protected Areas Federal Advisory Committee meets Nov. 2-3 in Santa Barbara
6. Worlds largest, most complex marine virus is major player in ocean ecosystems: UBC research
7. San Diego Supercomputer Center participates in first Census of Marine Life
8. Census of Marine Life celebrates decade of discovery
9. New species of sea slug discovered by UCSB marine scientist
10. Marine scientists unveil the mystery of life on undersea mountains
11. New collaborative process can help improve management of marine recreational fisheries
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/14/2016)... BioCatch ™, the global ... the appointment of Eyal Goldwerger as CEO. ... Goldwerger,s leadership appointment comes at a time of significant ... of its platform at several of the world,s largest ... unique cognitive and physiological factors, is a winner of ...
(Date:3/29/2016)... , March 29, 2016 ... "Company") LegacyXChange "LEGX" and SelectaDNA/CSI Protect are pleased to ... ink used in a variety of writing instruments, ensuring ... of originally created collectibles from athletes on LegacyXChange will ... analysis of the DNA. Bill Bollander ...
(Date:3/21/2016)... -- Unique technology combines v ...   Xura, Inc. (NASDAQ: ... communications services, today announced it is working alongside SpeechPro ... particularly those in the Financial Services Sector, the ability ... a mobile app, alongside, and in combination with, traditional ...
Breaking Biology News(10 mins):
(Date:6/23/2016)... 2016 ReportsnReports.com adds 2016 ... its pharmaceuticals section with historic and forecast data ... more. Complete report on the Cell ... 15 companies and supported with 261 tables and ... . The Global Cell Culture Media ...
(Date:6/22/2016)... Research and Markets has announced the addition of the ... The global biomarkers market has ... The market is expected to grow at a five-year compound annual ... $50.6 billion in 2015 to $96.6 billion in 2020. ... to 2020) are discussed. As well, new products approved in 2013 ...
(Date:6/22/2016)... 2016   StockNewsNow.com , The Official MicroCap News ... Nader Pourhassan , President & CEO of CytoDyn ... clinical development and potential commercialization of humanized monoclonal antibodies ... to the company,s website (see here: www.CytoDyn.com ). ... th , 2016, at the LD Micro Invitational in ...
(Date:6/22/2016)... --  ViaCyte, Inc. , a privately-held regenerative medicine company ... for the treatment of diabetes in clinical-stage development, today ... 2016, the Global Stem Cell Event, is taking place ... Francisco.    ... Focus Session: Tools for Basic and Applied Stem Cell ...
Breaking Biology Technology: