Invest in Biotechnology sector in Colombia

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Invest in Biotechnology sector in Colombia

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Invest in Biotechnology sector in Colombia

  1. 1. INVEST IN BIOTECHNOLOGY “Biotechnology is a fundamental instrument that relates to most development engines.” President Juan Manuel Santos. L ib erta y O rd e n
  2. 2. Government Priority: Commercial Biotechnology Development Policy Based on Sustainable Biodiversity Use. By 2032 Colombia seeks to be recognized as a leader in development, production, commercialization and exportation of high-added value products based on sustainable use of biodiversity. Accordingly, the Colombian Government has designed a policy to support the creation of the economic, technical, institutional, and legal conditions to attract public and private resources for the development of commercial products and companies based on sustainability and the application of biotechnology. The four main objectives are the following: • Develop financial instruments to attract investment to develop biotechnologybased companies. • Adapt and revise the existing regulatory framework related to accessing genetic resources and developing biotechnological medications and phytotherapy products. • Assess the creation of a Colombian Bioprospecting Company. • Improve institutional capacity for commercial biotechnology development.
  3. 3. COLOMBIA, HIGH BIODIVERSITY POTENTIAL. • Colombia is one of the world’s mega diverse countries. It hosts 10% of known life-forms on only 0.7% of the planet surface1. This indicator excludes marine organisms and microbial biodiversity. Earth Trends. • Its tropical location allows a variety of thermal floors with different altitudes that vary between >24 °C and <6 °C favoring the existence of a great number of ecosystems (natural forests, savannas, arid areas, wetlands, snow-capped mountains, etc.). • It has the second greatest floral diversity in the world with over 50,000 known plant types, 36% of which are endemic, meaning native to Colombia. • It has the greatest diversity in the world for birds, amphibians, and orchids; second for plants, butterflies and freshwater fish; third in reptiles and palms; and forth in mammals. Colombian Biodiversity Information System (SIB). • It is third after Brazil and Costa Rica in ecosystem conservation, wildlife protection, and conservation of water resources. Colombian Biodiversity Information System (SIB). 1. Excludes marine organisms and marine biodiversity.
  4. 4. Colombia has Incentives and Instruments for R&D. • Income tax deduction of 175% of the amount invested in R&D. • VAT tax relief for imported equipment for R&D centers. • Support to place PhDs in companies. Colciencias.* • Funding of scientific, technological, or innovation projects are nontaxable income (applies to centers and researchers). • Co-financing of science, technology, and innovation projects that benefit one or several companies and that are jointly executed with Colciencias-recognized development centers. Colciencias.* *Open calls depending on budget availability.
  5. 5. Development Opportunities in Red, Green, and White Biotechnology. Colombia has business projects portfolio in biotechnology such as: Red Biotechnology • GreenCides Arcanatura: Natural insecticide for pets. • Keraderm: Artificial skin for burns treatment. • Nesta: Save environmental disinfectant for poultry farm. • Gardedam: Therapies for Parkinson. • Phairi Lab: Phytopharmaceuticals with anti-tumoral potential. • Akar: Diagnosis kit to mite detection in close environment. • KIT T B: Biological marker kit to tuberculosis diagnosis. GREEN BIOTECHNOLOGY • New-Co: Bio fertilizers and bio pesticides for different crops (CORPOICA). • Bioallpa: Microorganism for bio fertilizers and waste compost. • Inbiotech: Drug-cosmetic to prevent hair loss. White Biotechnology • Sinergia: Microorganisms extremozymes for industrial uses. • Satech: Waste treatment technologies. • BioSurfact: Biosurfactants for natural cosmetic production.
  6. 6. COLOMBIA, A COUNTRY WITH MULTIPLE DEVELOPMENT CENTERS. 1. BOGOTA-CUNDINAMARCA 3. CALDAS, RISARALDA AND QUINDIO Development opportunities for biotechnology, agricultural products, bioproducts, health biotechnology, cosmetics, and biopackaging. Development opportunities in livestock and industrial biotechnology. • Institute of Biotechnology - Universidad Nacional: Five lines of agricultural biotechnology research, biotechnology in health, bioinformatics, bioprocesses and bioprospecting. • Corpoica - Industrial Technology Corridor: Generates scientific knowledge and technological solutions through research and innovation in the agribusiness sector. Research lines in seeds, agricultural supplies, technology solutions for livestock and agribusiness products. • Center of Biotechnology and Biobusiness: Generates scientific research and innovative biotechnology solutions that add value to agricultural sector production chains in Colombia. • CorpoGen: Center of excellence in scientific research and bioproduct progress. Classifies animal and plant germplasm. Five research lines in molecular genetics, molecular biotechnology, ecology, metabolism, and microbial genetics. 2. BUCARAMANGA-SANTANDER Development opportunities for natural ingredients. • Center for Research Excellence - CENIVAM: Research on aromatic and medicinal species to develop essences, extracts and natural derivatives. • Guatiguara Technology Park: Innovative development center with laboratories exclusively for biotechnology R&D and future spaces for biotechnology-based companies. • National Center for Bioinformatics and Computational Biology: Supercomputational infrastructure for biotechnology R&D in Latin America. • Network of Universities and R&D Centers. Biotechnology Knowledge Cluster (University, Company and State). Manizales Chamber of Commerce. 2 5 3 1 4 4. CALI-VALLE DEL CAUCA Development opportunities for new products in food, cosmetics, and industry from biological resources. • Consolidation of the Pacific Agribusiness, Science, and Technology Park, “Parque Biopacifico,” to operate and develop technology-based companies, mainly in the field of agribusiness and soon to include areas related to life sciences. • International Center for Tropical Agriculture (CIAT): Research on beans, animal feed, cassava, rice, and tropical fruits, germplasm bank2, food safety, agrobiodiversity, integrated soil management, tropical fruits, and climate change. • Corporacion Biotech: Development and application of biotechnology to optimize biobusiness production chains. 5. MEDELLIN-ANTIOQUIA Development opportunities in green biotechnology and natural ingredients. 2. Conservation of genetic resources. 3. Strategic alliance of 10 universities, Antioquia Technology Park, and the company Ecoflora. • Biontropic3: Strategic alliance of 6 universities and 3 companies to promote business based on biodiversity and biotechnology. The alliance has a portfolio of patents and research related to agrotechnology, natural ingredients, energy, and environmental technology. • National Center for Genome Sequencing: Provides tools to protect and understand biodiversity, obtains genetic information and compares genomes. • CECIF: Center for Research and Technological Development for the pharmaceutical, cosmetic, veterinary, phytotherapy, and nutraceutic sectors.

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