Monday, October 27, 2008

Biotech Century

Biotech Initiatives in US Colleges

The 21st century is being called the Biotechnology Century. Where the 20th century was dominated by the development of technologies based on hard physics and chemistry that brought on the full promise and problems of the industrial revolution, the 21st century promises to be dominated by technological developments based on biology and the molecular operation of living entities. This will allow us to move beyond the crude and wasteful technology of the industrial revolution and replace much of it with elegant and efficient engineered biological technologies. To be sure, high value pharmaceutical and therapeutic applications of biotechnology were important in its early development and continue to be dominant but in the long run they only represent a fraction of the potential of biotechnology. Much recent academic and commercial activity has been applied toward the development of sustainable industrial biotechnology, particularly biofuels to supplement and eventually replace petro-chemical feedstock. Academic and commercial activity in this area will only grow over time and KGI should position itself to play a prominent role in its commercialization. The Sustainable Biotechnology Initiative will be an important first step in obtaining this position.

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