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From Oceans to Crops, and From Crops to IPO – Avesthagen’s systems biology approach to novel products targets more than land based organisms – dives deep into new products from the Ocean

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15 February 2010

KARNATAKA:

Avesthagen has always been in the forefront of innovative scientific thinking and has developed a formidable portfolio of patents in all the four areas it operates in viz. bioAgriculture, bioNutrition, bioPharmacueticals and in Science & Innovation. Approximately 600 patent applications cover both, process and products. There are several copyrights and design patents as well. Within each area Avesthagen aspires to benefit the common man, and more so for the “bottom of the pyramid”.

Avesthagen has strengthened it’s Board of Directors with Dr. John Darbyshire, Operations Manager of the Beverages SBU at Nestle, Switzerland, Ms. Dominique Takizawa, Chief Financial Officer, Institute Merieux, and Dr. Chris Bowler, Professor, Molecular Marine Biology, Ecole Normale Superieure, Paris, France. They bring strategic, scientific direction to Avesthagen.

…..Finally, Avesthagen would like to share with the public the successful completion of the NIMTLI project. In 2003, Avesthagen Limited and its research partners-the National Institute of Oceanography (Goa), the Regional Research Laboratory (Jammu), and the Indian Institute of Chemical Technology (Hyderabad) had received funding from the Council of Scientific and Industrial Relations (CSIR) for their research proposal entitled: “Recombinant approach to produce alpha-linolenic acid and docosahexanoic acid (DHA) in sunflower and yeast”. This truly innovative project has been completed wherein Avesthagen has successfully cloned genes from microalgae for production of DHA and other useful omega-3 and omega-6 fatty acids. Patents have been filed for ALA, GLA, DGLA, ARA, and EPA, while the filing for DHA is in progress. A set of six genes is now being transformed into Brassica and Sunflower with the aim of overproducing DHA in these plants. The production of essential fatty acids such as DHA in plants will provide a commercially viable method for delivering these critical dietary components to the human population, while avoiding over-exploitation of natural resources and ecosystems…..Read complete news item……

Written by csirindia

February 18, 2010 at 4:56 pm

Posted in IICT, IIIM, NIO

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