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Business Potential for Agricultural Biotechnology - Asian Productivity ...

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<strong>Business</strong> <strong>Potential</strong> <strong>for</strong> <strong>Agricultural</strong> <strong>Biotechnology</strong> Products<br />

resistance, proteinase inhibitor2 <strong>for</strong> stemborer resistance, Hva1 <strong>for</strong> drought and salinity tolerance,<br />

and chitinase/glucanase <strong>for</strong> fungal disease resistance; and DNA marker tagging and cloning<br />

of genes involved in aroma, tungro resistance, fertility restoration, and salinity tolerance.<br />

<strong>Business</strong> <strong>Potential</strong> <strong>for</strong> <strong>Agricultural</strong> <strong>Biotechnology</strong> in Singapore<br />

The agriculture biotechnology or agri-biotechnology industry in Singapore is focused on<br />

both food (leafy vegetables, rice, marine foodfish) and nonfood-based products (diagnostic kits,<br />

vaccines, ornamental fish, and plants). Several products have been commercialized to date, such<br />

as nonfood ornamental fish (trademarked GloFish), while many potential products are in the<br />

pipeline awaiting approval from the relevant authority.<br />

The government has adopted an active approach in coordinating biotechnology strategies<br />

and funding programs and establishing supporting infrastructures to kick-start agri-biotech R&D<br />

and commercialization. The Temasek Life Sciences Laboratory (TLL) has 15 research groups<br />

working in the areas of cell biology, developmental biology, pathogenesis, and bioin<strong>for</strong>matics.<br />

Since 2003, the AVA has been working closely with TLL, NUS, and other tertiary research institutes<br />

on agri-biotechnology to develop key applied upstream farming technology in specific<br />

areas of food crop research, plant biotechnology, animal and fish health research, fish biotechnology,<br />

and aquaculture in the following agri-food areas:<br />

• Vegetable: identification of genes <strong>for</strong> abiotic and biotic stress resistance in <strong>Asian</strong> leaf<br />

vegetables, downstream field testing, molecular diagnostics <strong>for</strong> leafy vegetable diseases,<br />

and GMO testing <strong>for</strong> food crops.<br />

• Rice biotechnology: disease resistance.<br />

• Aquaculture biotechnology: molecular selective breeding of fish, molecular diagnostics<br />

and vaccines <strong>for</strong> food fish and shrimps, genetic trans<strong>for</strong>mation of indigenous foodfish <strong>for</strong><br />

improved traits.<br />

• Animal biotechnology: molecular diagnostics and vaccines against zoonotic diseases or<br />

those of food safety concern.<br />

The Science Park, established in 1981, together with incubators designed by the government,<br />

provides the high-quality infrastructure essential <strong>for</strong> industrial R&D, as well as an environment<br />

conducive to interaction between industry, academia, and research groups. The Technopreneur<br />

Assistance Center established within the park provides a range of technical, business,<br />

training, and shared facilities. Other support <strong>for</strong> early-stage companies includes financing <strong>for</strong> innovators,<br />

venture capital, and a patent application fund, as well as state agencies providing productivity,<br />

quality, and design services. Today, the Science Park houses some 180 local and MNC<br />

tenants within the 270,000 sq m gross floor space and an Innovation Center of 2,000 sq m with<br />

29 start-up companies from the different industrial sectors, i.e., in<strong>for</strong>mation technology, electronics,<br />

chemicals, materials, and biotechnology. AVA and EDB have also developed the Agri-<br />

Bio Park (APB) located next to the Lim Chu Kang Agrotechnology Park in northwest Singapore.<br />

In addition, Agri-food and Technologies Pte. Ltd. (ATP), a private arm of AVA, was incorporated<br />

in October 2000 to further support regional developing agribusiness, including the agribiotechnology<br />

business. In support of a large-scale financial commitment to the life sciences and<br />

biotechnology sector, the government has created a number of mechanisms—Pharmbio Growth<br />

Fund, Singapore Bio-Innovations and Life Sciences Investments—to provide funds to the private<br />

sector to upgrade technologies and <strong>for</strong>m joint ventures with leading international biotechnology<br />

and pharmaceutical companies. It has channeled more than SGD1.7 billion into biotech<br />

funds and has allocated SGD1.5 billion <strong>for</strong> biotech R&D and SGD2 billion to attract local and<br />

<strong>for</strong>eign investment in biotech start-ups. This risk-sharing environment also includes numerous<br />

investment and start-up assistance schemes—SEEDS, Patent Application Fund PLUS, Enterprise<br />

Investment (Technopreneur) Scheme, Venture Capital—and programs—Growth Financing<br />

Program—<strong>for</strong> innovation, R&D, and intellectual property managed by EDB. The Patents Act of<br />

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