Industrial biotechnology news
Childhood memories of sticky hands from melting ice cream cones could soon become obsolete, thanks to a new food ingredient. Scientists have discovered a naturally occurring protein that can be used to create ice cream that is more resistant to melting than conventional products.
A pioneering company using BBSRC-funded genetic engineering research to help control pests has been sold to a US-based biotechnology company for $160M. Oxitec uses genetic engineering to control insect pests that spread disease and damage crops, and was founded in 2002 as a spinout from University of University.
Bioscience, at the heart of many technological advances, has the potential to address some of the world’s greatest challenges, such as feeding a growing population and offering alternatives to dwindling natural resources. The bioeconomy is the economic benefit of embracing these challenges with biological solutions, estimated to be worth at least €2Tn (£1.7Tn) in the EU and employing around 22 million people.