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Growing International Interest In Oceanology To Benefit The Global Marine Biotechnology Market, According To New Report By Global Industry Analysts, Inc.
Posted On: April 24, 2012With growing environmental pollution throwing the spotlight on sustainable industrial development, there exists huge demand for suitable, scalable, economically, socially and environmentally sustainable feedstock options for the manufacturing industry. With sustainable feedstock production and delivery ballooning into a massive industry worldwide, the world’s oceans have emerged into the next frontier for investigative, biological resource development and management R&D projects.
For instance, marine-derived cosmetic ingredients, marine-derived molecules including enzymes, biopolymers and biomaterials, marine-derived pharmaceuticals, among others, are now becoming the mainstay of most R&D projects worldwide. The marine biotechnology sector is also attracting increased venture capital funds as is mirrored by the mushrooming of potential laden start-up firms focused on developing novel compounds from marine organisms.
As stated by the new market research report on Marine Biotechnology, Bioactive Substances represents one of the fastest growing market sectors trailing a projected CAGR of approximately 4.7% respectively.
The research report titled “Marine Biotechnology: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the marine biotechnology markets, impact of recession on the markets, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants.
International Algae Competition Winners Announced
Posted On: April 24, 2012Robert Henrikson and Mark Edwards announced seven prize winners of the International Algae Competition at a special event on April 12 at the Algae Technology Platform Conference in San Diego, CA. Juror scoring was very close. There were ties for first place prizes.
Beyond these prizes, competition winners, finalists and many entries will be recognized in upcoming media news releases, articles, videos, publications, exhibitions and Imagine Our Algae Future, a full color book based on the International Algae Competition to be available soon on Amazon.com.
Ireland and UK Sign Marine Research, Development and Innovation Agreement
Posted On: April 24, 2012Dr Peter Heffernan CEO, Marine Institute, and Prof Ian Wright, Deputy Director, Science and Technology, National Oceanography Centre (UK) signed a Memorandum of Understanding (MoU), in the presence of the Minister for Agriculture, Food and the Marine, Simon Coveney, TD, to foster closer co-operation and joint activities between Ireland and the UK in the area of marine research, development and innovation.
Co-operation planned is strategic and will reflect areas of mutual interest including: hydrography, seafloor and habitat mapping of the Atlantic; the development of fixed point ocean observatories; sensor development and associated platforms, and knowledge transfer and policy advice.
Minister Coveney, welcoming the MoU, re-stated the government’s view that research and innovation are key drivers of economic development and recovery as outlined in the national Consultation Document: Our Ocean Wealth – Towards on Integrated Marine Plan for Ireland (www.ouroceanwealth.ie) and the National Research Prioritisation Exercise.
Marine Scientists to Explore Whittard Canyon for Biodiversity
Posted On: April 13, 2012A team of Scientists led by Dr. Louise Allcock, NUI Galway sets sail onboard the RV Celtic Explorer 13th April 2012 to investigate biodiversity on the Whittard Canyon System.
Whittard Canyon is a huge canyon system that spans Irish, UK and French waters along the Atlantic margin. This survey will take place in the Irish territory where the Continental shelf drops down to depths beyond 3000 m. The Marine Institute’s Holland 1 Remotely Operated Vehicle (ROV) will be deployed to explore the steep canyon walls where biodiversity is greatest because of the fast currents there. Whittard has been explored before, but the system is so vast that some areas are still unsurveyed.
The multidisciplinary team on board will be looking for corals and sponges, which can be found in extensive reefs at some depths.
Material collected on this cruise will be examined in antibacterial and anti-cancer assays as part of the National Marine Biodiscovery Programme in NUI Galway, UCC and the Marine Institute. The survey will also carry out detailed surveys of the canyon system in collaboration with onboard taxonomists from across Europe, who are experts in identifying deep sea marine organisms.
Regus Advisors Signs Algae Biofuel Agreement – New BioFuel Venture in California
Posted On: April 13, 2012Regus Advisors Inc., a private global Investment Banking firm, announced today that it has completed an agreement to provide its professional advisory services with (AIGI) Algae International Group Inc., for the development of their first $2,000,000 “Algae2BioFuel” Limited Partnership Venture in California.
Sapphire Energy gets $144M in its fuel tank to turn algae into gasoline
Posted On: April 13, 2012Sapphire Energy, a company that creates algae-based fuel, just announced a whopping $144 million in funding.
In recent years several startups have emerged to create fuel out of plant material, all hoping to lure people away from gasoline made from crude oil. Solazyme, Algae.tec, and Sapphire Energy all dominate the space, trying to edge out not only each other but oil companies as well.
All three companies covert algae into a petroleum replacement, one that can work with the traditional cars we already have on the road.
Health Enhancement Products, Inc. Expands Intellectual Property Development Effort With Preeminent Research Scientist and Patent Counsel
Posted On: April 13, 2012Arizona-based algae producer Health Enhancement Products (OTCBB: HEPI) has engaged preeminent research scientist Dr. William Gerwick, Distinguished Professor of Oceanography and Pharmaceutical Sciences at the Center for Marine Biotechnology and Biomedicine, Scripps Institution of Oceanography and the Skaggs School of Pharmacy and Pharmaceutical Sciences located in the La Jolla campus of the University of California at San Diego.
Dr. Gerwick’s current research focuses on the discovery of bioactive molecules with potential anticancer, antibacterial, neurotoxic, antiviral, or anti-inflammatory activity from marine organisms, such as algae. The pathways by which these complex molecules are assembled form the basis of Dr. Gerwick’s research, using stable isotope tracer methods and NMR analysis. Many marine algae produce prostaglandin and leukotriene analogs that are strikingly similar to substances produced in the human body, and that have therapeutic value as potential pharmacological agents.
OriginOil looks to build urban algae farm to treat wastewater and generate heat for homes
Posted On: April 3, 2012Algae are getting more attention from the world of science for its possible uses as a source of alternative energy. These simple organisms are very easy to manage and have shown strong resilience to a variety of environments that would be somewhat hostile to other life forms. As such, Algae have become a popular subject for use as a form of organic power. OriginOil, a company that converts algae into fuel, is looking to show off the uses for the organism in a new pilot project that will be launched in Los Angeles, California, at some point this year.
The company is working to create an urban algae farm that will be used to grow algae from wastewater.
Ireland and US Cooperate on Ocean Energy Research
Posted On: April 3, 2012Dr. Peter Heffernan, Marine Institute CEO signed a Memorandum of Understanding on offshore renewable energy research cooperation with the United States Department of Energy last week. It was signed on behalf of Energy Minister, Pat Rabbitte, during the Taoiseach’s visit to the US. Dr Henry Kelly, Assistant Secretary in the Department of Energy signed on behalf of the US.
Ireland has a sea area over 10 times the size of its land area and one of the best wind and wave resources in Europe. According to Dr. Heffernan, “The potential of Ireland’s oceans to offer a source of clean, green, renewable energy in the future is huge. The signing of this memorandum will hopefully serve as a catalyst in the development of new ocean energy technologies that will provide us with a secure source of green energy and also create commercial opportunities for services in this emerging sector.”
Indian ministry test-drives diesel vehicle on algae-derived B100
Posted On: April 3, 2012The Indian Ministry of Science and Technology announced the government’s first test-run of 100 percent algae-derived biodiesel in a Chevrolet Tavera, a diesel multi-utility vehicle made by General Motors for the Indian market. The event took place March 30.
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