Licensing of Academic Patents Has Contributed Up to $1.3 Trillion to US Economy

The licensing of university research has made a significant contribution to US gross domestic product (GDP), industry gross output, and jobs over the last two decades, according to an independent study commissioned by the Biotechnology Innovation Organization (BIO) and the Association of University Technology Managers (AUTM).

The report, “The Economic Contribution of University/Nonprofit Inventions in the United States: 1996- 2015,” documents the sizable return that US taxpayers receive on their investment in federally-funded research. It shows that, during a 20-year period, academic patents and the subsequent licensing to industry bolstered US industry gross output by up to $1.33 trillion, US GDP by up to $591 billion, and supported up to 4,272,000 person years of employment.

“Thanks to the enduring effectiveness of the Bayh-Dole Act, American research universities, along with industry partners, are turning federally-funded basic research into new and valuable products that save and improve lives. The commercialization of university-based research to create new companies and good, high-paying jobs is a key driver of America’s innovation economy,” said BIO President & CEO Jim Greenwood. “This updated study demonstrates that fact.”

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The study, which was conducted by technology transfer experts and former senior economic consultants, is based on data gathered by the Association of University Technology Managers (AUTM) in its annual Licensing Activity Survey. The most recent 2015 survey showed:

  • 1,012 startup companies were formed, averaging 2.75 new companies created every day of the year– up 11.3% from FY 14;
  • 879 new products based on academic inventions were introduced to the marketplace, averaging 2.4 new products introduced every day of the year;
  • Products based on academic patent licenses generated more than $28.7 billion in net product sales; and
  • 7,942 new licenses and options were executed, up 15% from FY 14. More than 70% of academic patent licenses go to small companies.

 

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She Blinded Me With Science: What We’re Reading, May 2017

Each month, GMO Answers compiles a few stories we think particularly noteworthy. Science is everywhere, and that was especially true in the stories that caught our eye this past April. So go with the flow, lose control, feel the power, fight your resistance, be a catalyst, start a reaction, keep an ion the ball, and join us in finding out the latest in the world of science and GMOs in this month’s What We’re Reading post:

To learn more about the science of GMOs, agriculture, and plants, please visit the GMO Answers website.

Filed under: Farmer Gene, Food And Agriculture, , , , , , , , , , ,

Obama talks GMOs at Global Conference

Last week, President Barack Obama discussed food and climate change at Seeds and Chips Global Food Innovation Summit in Milan, Italy, joined by his former White House chef Sam Kass. The former president discussed his views on GMOs more extensively than he has in the past.

Kass described gene-editing as “the emerging technology with the biggest potential to transform what we eat,” noting that it’s “cheap and it’s easy.”

When asked for his views on these emerging technologies, Obama described the sensitivities that people often have around food.

“Because food is so close to us and is part of our family and is part of what we do every single day, people, I think, are more resistant to the idea of government or bureaucrats telling them what to eat, how to eat and how to grow,” he said.

Hear the conversation  on food and ag innovation at 2:13:19.

“This debate around genetically modified foods is, I know, a very controversial one,” Obama said. “The approach that I took when I was President of the United States is in the same way that I would let the science determine my policies around climate change. I try to let the science determine my attitudes about food production and new technologies.”

The former president noted the importance of agricultural innovation, making it clear that, while caution and prudence are acceptable, basing our decisions on science is essential.

“The truth is, humanity has always engaged in genetic modifications. The rice we eat or the corn we eat or the wheat we eat does not look like what corn or wheat or rice looked like 1,000 years ago. And that’s because humanity continually learned from experience… and we started realizing that we could not just discover things by accident, but actaully put in place systems of discovery.”

The former president continually focused on the importance of using facts and science to make our determinations on GMOs.

“I worry a little bit that somehow, sometimes the conversation has just gotten cut off, as opposed to, ‘Let’s see what the facts are.’”

While Obama did not give us an idea of how involved he’ll be in food advocacy moving forward, one thing is for sure – biotechnology is on the main stage and will continue to play an increasingly important role in food production.

Convention Programming to Feature “One Health” Concept

Bio-based Technologies Address Human, Animal, Plant and Environmental Health

At its heart, the concept of One Health is rooted in the notion that the health of humans, animals, and the environment are all interconnected. At BIO’s 2017 International Convention (June 19-22 in San Diego), programming will feature the One Health concept through stories that show how science and technology are making tomorrow’s breakthroughs possible.

On Monday, June 19, BIO will host “One Health Day,” bringing together different parts of the BIO family with sessions focused on issues linking human, animal and environmental health. Scheduled speakers include:

Keynote:  One Health for the 21st Century

  • Dr. William Karesh, Executive Vice President for Health and Policy at EcoHealth Alliance

“The very concept of ‘One Health’ is ancient,” says Dr. William Karesh, Executive Vice President for Health and Policy at EcoHealth Alliance. “But our world has changed dramatically, and what’s really exciting is that with 21st Century innovation we have the opportunity to begin to end the pandemic era.”

Human, Animal and Plant Health Connectedness – Industry’s Role:

  • Dr. Carsten Brunn, Bayer’s Head of Pharmaceuticals, Americas Region
  • Frank Terhorst, Bayer’s Global Head of Seeds

“With emerging issues like a rapidly aging population and new and increasingly complex medical needs, our industry is at the forefront of advancements in science and technology that will help cure and prevent some of the most difficult-to-treat conditions, and improve lives,” said Dr. Carsten Brunn, Bayer’s Head of Pharmaceuticals, Americas Region. “With Bayer’s focus across the life science ecosystem, we are actively working to discover and develop innovations that impact the health of people, animals, and plants.”

“As the world’s population is projected to increase by more than three billion people in the next thirty years, we will require an adequate supply of healthy food as well as improved medical care,” stated Frank Terhorst, global head of seeds at Bayer CropScience. “Our research and development activities, fundamental to the well-being of society, are therefore linked by the concept of ‘One Health,’ with the goal of finding solutions to some of the major challenges of our time.”

Panel Discussion:  How to Move “One Health” Forward

  • Dr. Eddie Sullivan, CEO, SAB Biotherapeutics and Chairman, BIO Food & Ag Section Governing Board (moderator)
  • Dr. Laura Kahn, Research Scholar, Woodrow Wilson School of Public and International Affairs, Princeton University and Co-Founder, One Health Initiative
  • Dr. Nikos Gurfield, Adjunct Professor of Pathology, UC San Diego and County Veterinarian, San Diego County Vector Disease and Diagnostic Laboratory
  • Dr. William Karesh, Executive Vice President for Health and Policy at EcoHealth Alliance

“Science and technology hold the promise of securing a healthier world for humans, animals and the environment,” says Dr. Eddie Sullivan, CEO, SAB Biotherapeutics and Chairman, BIO Food & Ag Section Governing Board. “To make these breakthroughs a reality, we’ll need a collaborative approach for addressing existing political and economic obstacles and opportunities.”

In our speaker presentations and panel discussions, attendees will hear stories that illustrate the concept of “One Health” and how modern technologies are enabling us to solve global challenges through a collaborative One Health-focused approach. Panelists will also explore the barriers to success and what industry and others can do to solve the problems One Health is poised to address.

BIO 2017 International Convention (BIO 2017) is in San Diego June 19-22 and registration is now open! Check out the complete BIO 2017 program including Keynotes, Super Sessions, Educational Tracks and Fireside Chats with scientific experts, government leaders and leading biotech CEOs. And stay tuned for more updates as we approach BIO 2017!

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Our World’s Farmers Favor Biotech Crops

Millions of farmers around the world continue to choose genetically modified (GM) crop varieties because of their environmental and socio-economic benefits and the important role they play in addressing food security, according to a study released today.

The report, Global Status of Commercialized Biotech/GM Crops: 2016, produced annually by the International Service for the Acquisition of Agri-Biotech Applications (ISAAA), says 18 million farmers in 26 countries grew biotech crops on 185.1 million hectares (457 million acres) in 2016.

“The United Nations warns that our food supply must double by 2050 to meet the world’s expected population growth to 9 billion people,” said BIO President & CEO Jim Greenwood in a statement. “GM crops produce bigger yields on less land and help farmers and growers mitigate the environmental challenges of climate change.”

The report shows a 110-fold increase in adoption rate of GM globally in just 21 years of commercialization, proving biotechnology to be the fastest adopted crop technology in the world.  Adoption has grown from 1.7 million hectares (4.2 million acres) in 1996 to 185.1 million hectares (457 million acres) in 2016.

“Biotechnology also provides societal benefits to the 18 million farmers who plant GMO crops – especially to the 90 percent who farm in developing countries,” said Greenwood. “The report shows how biotechnology has helped alleviate hunger by increasing incomes for small farmers and their families, bringing improved financial stability to more than 65 million people.”

Quantifying the environmental benefits of biotechnology, the ISAAA report explains how the adoption of biotech crops has reduced CO2 emissions equal to removing approximately 12 million cars from the road annually; conserved biodiversity by removing 19.4 million hectares of land from agriculture production in 2015; and decreased the environmental impact with a 19 percent reduction in herbicide and insecticide use.

Among the report’s additional highlights:

  • In 2016, 26 countries in total, including 19 developing and 7 industrial countries, grew biotech crops. Developing countries grew 54 percent of biotech crops, compared to 46 percent for industrial nations. 
  • In 2016, the leading countries growing biotech crops continued to be represented by the United States, Brazil, Argentina, Canada and India. Combined, these five countries planted 91 percent of the global biotech crop area. 
  • Eight countries in Asia and the Pacific, including China and India, grew 18.6 million hectare of biotech crops in 2016; 7.2 million farmers in India grow biotech cotton.
  • Four countries in Europe (Spain, Portugal, Czech Republic, Slovakia) grew more than 136,000 hectares of biotech maize in 2016, an increase of 17 percent from 2015, reflecting EU’s need for insect resistant maize.
  • Biotech crops have generated $167.8 billion in farm income gains since 1996.
  • Newly commercialized biotech crops and traits – such as non-bruising and non-browning apples and potatoes – directly benefit consumers.

 

*The International Service for the Acquisition of Agri-Biotech Applications (ISAAA) report, Global Status of Commercialized Biotech/GM Crops: 2016 and accompanying materials are posted at www.isaaa.org.

Ag Community Growing Weary Over Perdue Delays

As the debate over Supreme Court nominee Neil Gorsuch takes center stage in the Senate, President Trump’s final cabinet nominee, Sonny Perdue, is waiting in the wings and America’s agriculture community is growing antsy.

After significant delay, Perdue’s nomination hearing was held on March 23, and appeared to go swimmingly.  One week later, the Senate Ag Committee voted to favorably report the nominee to serve as the U.S. Secretary of Agriculture. Perdue is now awaiting confirmation by the full U.S. Senate.

Wearied by continuing delays, House Agriculture Committee Chairman Mike Conaway and ranking member Collin Peterson sent a letter urging the upper chamber to get moving on his nomination.

“We strongly support the speedy confirmation of Governor Sonny Perdue as the next secretary of Agriculture,” they wrote. “On behalf of our nation’s farmers and ranchers, and all of rural America, we encourage you to complete this process this week.”

The lawmakers pointed to the many issues facing producers right now, from nosediving farm income to avian influenza and the devastating wildfires in the southern high plains. They also noted that the Trump administration’s recent “skinny budget” proposal, which called for deep cuts to agricultural spending in fiscal year 2018, was developed without input from an Agriculture secretary.

On issues related to ag biotech, having an Ag Secretary in place would further discussions on the forthcoming biotech food labeling disclosure rule and proposed revisions to USDA’s Animal and Plant Health Inspection Service (APHIS) biotechnology regulations (also known as the “340” rules).

Senate Ag Committee Chairman Pat Roberts has said: “Our farmers and ranchers have been waiting too long for this important position to be filled. We need to get Governor Perdue down to USDA to get to work. Rural America is ready.”

How much longer will rural American have to wait?  As Chris Clayton, reporter for DTN, points out:  “the odds of Perdue getting cleared before the Easter break seem slim.”  Then Congress recesses for two weeks, which means Perdue’s confirmation would come at the end of April at the earliest.

Some ag insiders believe the continuing delays represent President Trump’s lack of interest in the country’s agriculture sector, disregarding that the United States is a key exporter of ag goods and one of the main drivers of the U.S. economy.

Zippy Duvall, President of American Farm Bureau Federation, wrote in Agri-Pulse: Congress needs to confirm Sonny Perdue now!

“We farmers sometimes have an inferiority complex. We feel taken for granted considering what we produce is one of the most important things humans need.

“The long wait for a new secretary of agriculture hasn’t helped…. Whether intentional or not, it sends the wrong message: that agriculture just isn’t as important as other things.

“But I bet all 100 senators will eat a hearty meal today. They’ll just assume their food is plentiful and safe – and it is. To keep it that way, the men and women who grow our food, fiber and energy crops need an agriculture secretary on the job. Gov. Perdue is the right man for the job. The members of the Senate Agriculture Committee certainly think so; they’ve overwhelmingly approved sending Perdue’s nomination to the full Senate.”

Note:  Following publication of this blog, the U.S. Senate has scheduled a vote on the confirmation of Sonny Perdue to be Agriculture Secretary on April 24 at 5:30pm.

6 Ways GMOs Make Agriculture More Environmentally Friendly

Last week, to celebrate National Ag Day, GMO Answers posted a column to its Medium.com blog explaining how GMOs help to make agriculture more environmentally friendly. Contrary to common myths, GMOs and the sustainable farming practices often used with them, significantly help to reduce our environmental footprint and preserve our natural resources. Today, through advances in crop biotechnology, GMOs like drought-tolerant corn can help farmers minimize losses associated with extreme weather events. Thanks to biotech advancements, GM apples have been approved for consumption, which are non-browning, eliminating the superficial issues that often cause people to throw them away. We also have GM potatoes that are less prone to browning, bruising and black spots, meaning fewer will end up in landfills.

While biotechnology is already helping to address major challenges across the world, like crops threatened by drought and diseases, here are six additional ways biotechnology is helping to make farming and agriculture even more sustainable:

  1. Growing more while using less
  2. Enhancing biodiversity
  3. Improving soil health
  4. Conserving our water
  5. Helping to mitigate nutrient pollution
  6. Reducing carbon dioxide emissions

Crop biotechnology and GMOs have significantly contributed to mitigating the environmental effects of agriculture while preserving our natural resources. They are one solution to combating climate change and addressing the world’s most pressing environmental challenges.

To read the entire post, please visit the GMO Answers Medium.com page.

St. Patrick’s Day: Replace Green Dye #3 Through Biotech

Every year on March 17, “the Irish and the Irish-at-heart across the globe observe St. Patrick’s Day. What began as a religious feast day for the patron saint of Ireland has become an international festival celebrating Irish culture with parades, dancing, special foods and a whole lot of green.”

In fact, according to WalletHub, this year 56.1% of Americans plan on celebrating the holiday, while 82.5% of St. Patrick’s Day celebrators plan to wear green.  That is a whole lot of green!

St. Patrick’s Day also means a whole lot of beer, especially green beer!  Notably, 3 million pints of Guinness will be consumed worldwide on St. Patrick’s Day. 

Even though a lot of alcohol is consumed during this holiday, most are unaware how it is made. Alcohol production, in fact, is one of the most basic applications of industrial biotechnology.

Beer is made from water, a starch source such as barley, brewer’s yeast and a flavoring such as hops. The starch in the barley must be converted to sugar by enzymes (which are activated when the barley is malted) then fermented (the brewer’s yeast metabolizes the sugars to produce alcohol and carbon dioxide). Enzymes and microbes are two common tools used in industrial biotechnology.

Improving green beer. Biotechnology is also being used to improve beer. For instance, one research company, Leavandary, produces designer yeast for craft brewers. Leavendary, located in Huntsville, Alabama, modified one of its strains to create green beer as a demonstration project for St. Patrick’s Day. This is a potential solution for providing green beer without the use of green dye #3.

So while you are out celebrating St. Patrick’s Day, dressed all in green, remember to toast industrial biotechnology and know that without science we may not have beer!