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| News at Home | ||||||||
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| Environment | ||||||||
The megadiversity status that Malaysia currently holds, has been given a boost in recent months as more new species have been discovered. A WWF report has revealed that 50 new species have been found during the past year in Borneo forests, including a catfish with protruding teeth and a tree frog with bright green eyes. One the other hand, a group of students from USM has discovered a new species of frog during a five-day expedition to Gunung Jerai in June 2005. The Rana monjerai is a medium-sized frog with stout forelimbs and unwebbed fingers. |
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| In support of this idea, world-renowned American scientist Professor Dr. Robert Inger, Curator Emeritus at Field Museum of Natural History in Chicago will be in Bintulu to discuss the importance of acacia plantations in Sarawak to the conservation of Bornean frogs at a regional conference 'Biodiversity Conservation in Tropical Planted Forests in Southeast Asia'. The conference slated January 15th to 17th will be separated into three main sessions, planning and management, community participation and sustainable use, and biodiversity inventory and monitoring. |
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| Medical & Policy | ||||||||
The
Health authorities are on their toes as the Aedes mosquito has been
noted to be a possible host for another deadly virus after the dengue
fever outbreaks of recent years. The Chikungunya virus, commonly known
as the bone-crusher
virus for the severe pain it causes in the joints which can
be spread to the mosquito, has been observed to be the cause of death
in certain Indian states. Chikungunya is a debilitating disease which
may be characterized by fever, headache, fatigue, nausea, vomiting,
muscle pains, rashes and joint pains. |
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This
month, the Human
Genome Center of USM has been in focus for a feature article.
Set up four years ago under the USM’s School of Medicine, the
HGC-USM currently is known for offering advanced facilities in diagnosing
and screening for genetic disorders. It is also known as a national
referral center for genetic diseases such as SMA, DMD, BMD, cancer and
other genetic disorders. |
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Collaboration
with the Arizona Technology Council is the way to go in promoting
Malaysia an investment destination, according to Principle Assistant
Director of MOSTI, Yeoh Beng Kiat. The technology council is a 500 member
strong group with members comprising of high-tech companies, research
institutions and universities specializing in biotechnology and information
and communication technology. By working through the council, it is
stipulated that it would be easier to reach out to these companies which
do not have a good knowledge of our biotechnology industry. |
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| Industry | ||||||||
The
commercialization
of biodiesel and the various mergers among plantation companies
has been gaining great press around the end of 2006, and such activities
have been anticipated to continue through the year. Such optimism is
in part due to the search for cheaper alternative sources of fuel as
crude oil prices skyrocketed. As plantation giants Golden Hope Plantations
Bhd, Kumpulan Guthrie Bhd and Sime Darby Bhd announced their plans for
merging towards the end of last year, other companies like PPB Oil Palms
with Singaporean Wilmar International have announced their own mergers
in a bid to improve the outlook of the production of such commodities.
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The Guthrie group on the other hand is offering scholarships in a bid to promote the research culture in the country. The scholarships which will be offered to researchers for postdoctoral studies in palm oil research and is aimed at boosting the country’s fledging palm oil industry. The details are still yet to be finalized, but according to the Guthrie Foundation, the scholarships are expected to be announced this year. USM has its eyes set on becoming the nation’s top biotech player with its ambitious RM30 million building to house incubation firms and other leading edge biotech companies at its proposed biotechnology park in Bukit Jambul in Penang Island. The proposed building is expected to come into being in the next two years and also support research and commercial activities of the Usains incubates. Current anchor tenants for the premises are Renogenic Sdn Bhd and Info Kinetics Sdn Bhd while possible tenants include Hovid Bhd. |
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Investment |
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It
is one long hard road if one wishes to put a foot into the biotechnology
business, this is the general scenario of the biotechnology industry
according to comments by experienced industry players. Startup funding
and funding for research is estimated to run in the tens of millions,
while the commercialization of products generally takes longer in comparison
and would be relative harder to provide returns. |
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Hence
it comes to no surprise as Malaysia’s top agricultural research
institute, MARDI, find it hard to commercialize its end-products to
the market. However, with the BioNexus network being in place, it seems
that Malaysia’s biotechnology sector may be given the boost it
actually requires as hot money follows its footsteps into the sector.
Aside from sharing information, laboratories, facilities and with the
US$200 million MLSCF fund in place, BioNexus status companies are eligible
for a range of lucrative taxation incentives. |
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On
the other hand, alternative energy sources currently is big business
in the country as corporations vie to provide alternatives to fossil
fuels which has seen oil prices soaring. One of these is the Pioneer
Bio Industries Corp Sdn Bhd, aiming at producing mangrove palm-based
ethanol by setting up a RM1.4 billion biofuel refinery in Trong. On
the other hand, Belgian’s Vyncke Energietechniek NV has been successful
in securing a RM51 million project to build Malaysia’s first twin
100 per cent green fuel power plant, which will see them converting
biomass from empty fruit bunches in palm oil harvests into clean energy.
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