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European bioeconomy in figures
A recent extensive macro-economic study, led by the Bio-based Industries Consortium (BIC), reveals that the European bioeconomy amounts a turnover of 2.1 trillion EUR and employment of 18.3 million jobs. “The Bio-based industry is already an important part of the European economy and a pivotal element in the transition towards a sustainable, circular economy in Europe with renewable raw materials as key enablers. Europe should continue on this path and create stable policies to further accelerate the European bioeconomy," says Marcel Wubbolts, Chair of the BIC. Read more
€23 million project to develop HIV vaccine
Financed by the European Commission, the European AIDS Vaccine Initiative (EAVI2020) brings together leading HIV researchers from public organisations and biotech companies from across the world in a focused effort to develop protective and therapeutic HIV vaccines. The EAVI2020 consortium unites scientists from 22 institutions, pooling their knowledge and expertise to develop novel candidate vaccines that can be taken through to human trials within five years. Read more
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Agricultural biotech
What would happen if GM crops were no more? Higher food prices and a significant increase in greenhouse gas emissions would be some of the results of banning genetically modified organisms from the United States farm fields, according to a Purdue University study which examines the economic and environmental consequences triggered by such a hypothetical ban. Read more
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Healthcare biotech
The European Medicines Agency (EMA) has published detailed guidance for pharmaceutical companies on the requirements to comply with its policy on the publication of clinical data. "The guidance will ensure that companies are aware of what is expected of them and are ready for the publication of these critical data", says Noël Wathion, EMA's Deputy Executive Director. Read more
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Industrial biotech
According to a recent United Nations Conference on Trade and Development (UNCTAD) report, advanced and second generation biofuels have become a commercial reality in the context of advanced technologies, economic pressures and a political will to act on climate change. The report focuses on how the 2G biofuel market can be exploited in the wake of environmental commitments and how developing countries can be assisted. Read more
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