Transgenic Plants Lead to Better Managed Farming and Effective Alternate Manufacturing Methods for Drugs.Business Editors/Health/Medical Writers PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Nov. 18, 2003 Transgenic or genetically modified genetically modified Adjective (of an organism) having DNA which has been altered for the purpose of improvement or correction of defects genetically modified genetic adj [food etc] → (GM) crops are proving to be 'the' answer to overloaded biologics production capacities in the burgeoning bio-therapeutics industry. GM plants also offer immense cost savings as an alternative to the existing biologics methods. Rising environmental concern about the safety of transgenic crops, however, is causing plant-based pharmaceuticals to come under criticism and serious review, posing problems to agro and biotech companies that manufacture them. New analysis from Frost & Sullivan (http://www.biotech.frost.com), U.S. Agriculture Biotechnology Markets, reveals that this market totaled revenues worth $1.03 million in 2002 and is poised to expand to $5.04 million by 2009. The rapidly increasing global population and more demand for food, as well as the ever-shrinking acreage of arable land In geography, arable land (from Latin arare, to plough) is an agricultural term, meaning land that can be used for growing crops. Of the earth's 148,000,000 km² (57 million square miles) of land, approximately 31,000,000 km² (12 million square miles) are , is causing food security to become a major concern for developing countries. A large portion of crops in these countries are being lost to pests and weeds, making it imperative to produce more from the existing cultivable land area. "The GM crops marketed by agrochemical agrochemical Any chemical used in agriculture, including chemical fertilizers, herbicides, and insecticides. Most are mixtures of two or more chemicals; active ingredients provide the desired effects, and inert ingredients stabilize or preserve the active ingredients or aid and biotech companies have input, output, and stacked traits, which confer them with inert resistance to pests, tolerance to herbicides, and better nutritional value," says Frost & Sullivan Research Analyst K.V. Anantharaman. Agriculture biotechnology will have a larger role to play in addressing the emerging supply and demand gap for agricultural production. Research is now on for GM plants that can grow even on marginalized lands. However, skepticism persists about the viability and safety of food and transgenic crops, stymieing their acceptance. For instance, certain European countries continue to reject biotech products as protests continue from public interest groups against biotechnology in agriculture. Previous incidences of cross-contamination have brought bad publicity to the transgenic plant production causing hesitancy hes·i·tan·cy n. An involuntary delay or inability in starting the urinary stream. in end-user minds about their safety. Environmental concern is also forcing companies to address issues relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc cross-contamination of plant pharmaceutical crops and food crops. "Biotech manufacturers are striving to overcome negative public opinion by strictly adhering to FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. regulations in cultivation and production of GM crops, thereby more likely to streamline processes and increase safety of these crops," states Anantharaman. "Educating public regarding safety measures safety measures, n.pl actions (e.g., use of glasses, face masks) taken to protect patients and office personnel from such known hazards as particles and aerosols from high-speed rotary instruments, mercury vapor, radiation exposure, anesthetic and adopted for their cultivation may aid in effectively allaying fears on these concerns as well." The development of traits that have direct appeal to the food industry and primary consumers can aid in stepping up the pace of biotechnology adoption. Since farmers are paying a premium price to buy biotech seeds, they are likely to expect consumers to pay more for the finalized products. The next wave of growth in the U.S. agriculture biotechnology sector will come from 'value added agriculture'. For example, common crop plants such as corn and tobacco programmed with recombinant DNA recombinant DNA n. Genetically engineered DNA prepared by transplanting or splicing one or more segments of DNA into the chromosomes of an organism from a different species. Such DNA becomes part of the host's genetic makeup and is replicated. techniques to produce high-value-added pharmaceuticals and industrial enzymes. "The first plant-based pharmaceutical products expected in the market by 2005 will include potential blockbusters in categories such as monoclonal antibodies This is a list of monoclonal antibodies, antibodies which are clones of a single parent cell. When used as medications, the generic names end in -mab (see "Nomenclature of monoclonal antibodies"). , recombinant proteins Since human recombinants have replaced the animal version in human therapeutics, the prefix of "rh" for "human recombinant" appears less and less in the literature Human recombinants that replaced animal or harvested from human types U.S. Agriculture Biotechnology Markets is part of the Biotech Monitor Service Subscription (9649), which also includes (A291-55) Biotech Industry Overview & Forecast and (A126-55) Biotech Instrumentation Markets, and offers an in-depth analysis of all application segments, enabling clear understanding of market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" , revenue potential, and growth opportunities. Also provided are discussions of major challenges facing the market and strategic recommendations to overcome them. Executive summaries and interviews are available to the press. Frost & Sullivan, an international growth consultancy, has been supporting clients' expansion for more than four decades. Our market expertise covers a broad spectrum of industries, while our portfolio of advisory competencies include custom strategic consulting, market intelligence, and management training. Our mission is to forge partnerships with our clients' management teams to deliver market insights and to create value and drive growth through innovative approaches. Frost & Sullivan's network of consultants, industry experts, corporate trainers, and support staff, spans the globe with offices in every major country around the world. U.S. Agriculture Biotechnology Markets A523-52 Key words used in this release: research, information, market, trends, technology, service, forecast, world, U.S., agriculture, biotechnology, markets, pharmaceuticals, industrial enzymes, agricultural production, FDA, transgenic, plant-based, genetically modified, value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. agriculture, recombinant DNA techniques, stacked traits, food industry, cultivation, GM. |
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