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White biotechnology has been dubbed the “most exciting” biotech project in the world

July 1, 2021 Comments Off on White biotechnology has been dubbed the “most exciting” biotech project in the world By admin

News.net.au White biotech is poised to take Australia by storm.

The company’s patented “bio-nano” material has been used to manufacture bio-naturals that are now being sold in supermarkets and health foods stores.

The product is made from a mix of plant material and synthetic biology, and can be used to produce plant-based proteins and molecules that can be processed into pharmaceuticals.

Read more “It’s a novel, innovative technology that is unique to Australia, and that’s exciting to think about,” said Professor Robert Schmuel, chief executive of the Australian National University’s Department of Biotechnology.

“This is an area that we haven’t seen before and it has the potential to deliver tremendous value for Australia.”

The Australian Biotechnology and Innovation Commission said it is now reviewing the company’s patents and seeking regulatory approval for the technology.

Biotechnology company Biomaterials, a division of Australia’s largest technology company, BHP Billiton, is the lead investor in Biomatrix.

White biotechnology is poised in Australia.

Photo: Supplied “BHP Billington is very supportive of biotechnology research, which is good for our industry,” Biommatrix chief executive Matthew Goss said.

Goss said Biomitex had received more than $2.2 million in funding and has secured contracts to supply the material.

BHP has not commented on its plans to use Biomitic.

The Biomitrix is a biopolymer made from plant material that was patented by the Australian Biotech and Innovation Commissioner’s Office (ABICO) in December.

It was approved by ABICO in January, but the company did not provide any details on the use of the material for Biomitis.

But the Australian Bioscience Council, the national body representing biotechnology companies, said it was concerned about the potential use of Biomitu.

“[The BiOMitrix] is an important step forward in the development of the biotechnology industry and is a testament to the commitment of Australian scientists and innovators to the country’s growing bio-technologies and biosecurity requirements,” the council’s chief executive, Dr Paul Williams, said.

“It has been proven that this biopolymy material is an excellent alternative to traditional biotechnology materials for manufacturing bio-nanomaterial composites and nanotechnology-based materials for pharmaceuticals, diagnostics and therapeutics.”

The use of this material in biotechnology applications could create a new business opportunity for Australian biotechnology firms, which could generate considerable value for their shareholders.

“Biomitexes biopolymers are made from plants material, a type of synthetic biology.

Photo : SuppliedBiomites patented technology could potentially lead to new ways of manufacturing drugs and other pharmaceuticals using the material and the biopolym.

ABICAO has set a deadline of March for applications for new biotechnology licences.

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