The annual conference of the Biotechnology Industry Organization (BIO) rolls into San Francisco next week -- appropriately, as San Fran is the home of biotech. Biotech has had a good year, according to the organization:
21 biotech drug approvals
A steady increase in agricultural biotechnology, as biotech acreage grew 15% to 167 million acres under cultivation in 18 countries in 2003. The majority of the 7 million farmers now planting biotech crops are in the developing world, where they are improving yields while reducing exposure to pesticides.
A major milestone in the form of the first commercial shipment of bioethanol -- ethanol made from agricultural waste using biotech enzymes.
The last is clearly of most interest to us.
There are several good sessions during the conference on biorefineries and biofuel production. Also related is the release of a special report on industrial biotechnology and the green benefits thereof. It will be an excellent event -- well see what emerges.