THE biotech field isn’t about to panic about declining
food production, putting its bets on the wonders of technology
to solve problems that are hindering the larger agricultural
production.
The biotech unit of the Department of Agriculture recently
reported that the food industry can be expected to carve
about $200 billion every year in biotech products, and is
expected to grow 20 percent a year as the demand for biotech
food products rises.
“There’s a greater awareness today on the commercial
potentials of biotechnology compared with when we started
four years ago,” said Hybridigm Consulting Inc. chief
executive Maoi G. Arroyo at the three-day conference that
Hybridigm organized and which closed at the weekend.
Biotechnology is the broad term describing the use of scientific,
lab-based biological research to improve or innovate for
industry, commerce and agriculture.
Arroyo acknowledged that the term continues to have negative
connotations, linked as it is with the tinkering of genes
as in producing genetically modified organisms (GMOs), whose
safety for human consumption is hotly debated.
She said, however, that there has been improvement in the
way people view biotech. “There is more openness, especially
among investors, to bring to the market these scientific
breakthroughs.”
Arroyo cited several prototypes of biotechnology products
conceived by university students. Telecom firm Smart Communications
Inc. funded research on the item by Ateneo de Manila University
students.
One prototype also from Ateneo is a process for rapid detection
of tuberculosis. Crafted by four students, the process is
also less expensive at P34.34 for a test compared to the
high-end process of P2,044.
For agricultural applications, Alicia Ilaga of the Department
of Agriculture’s biotechnology program said the potential
market is estimated to be about $675 billion every year,
which she said was the 2003 estimate, the latest available.
That year, she said, the sale of biotechnology products in
the heatlh and wellness industry reached $200 billion. A
department study showed this could hit $1 trillion within
the next 10 years.
“The summit emphasizes that we should look at our
own resources: we have 1,500 medicinal plants that we can
harness and bring to market,” said Arroyo, adding that
instead of cranberry juice and apple juice, Filipinos should
look at these available resources. “We don’t
have the right to remain poor.”
For instance, Arroyo said that instead of focusing on jathropa, “which
is toxic and monopurposive,” the Philippines could
look at the malunggay (Moringa oleifera Lam. or horseradish
tree) plant.
Aside from the oil from its seeds, the leaves could also
be used to make noodles and pan de sal. The investment for
extractor and drying equipment, she said, could be below
P250,000.
The company Secura International Corp. is expected to gross
P60 billion from the sale of biotechnology products from
each of the 20 sites in the country’s poorest provinces.
Arroyo said, “Eventually, we should see ourselves
selling not only freeze-dried beans but also value-added
crops. Should we wait for foreigners to earn from our resources?
I don’t think so."