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Angara backs creation of Algae R & D hub By Ted Boehnert 05/29/2011

Sunday, May 29, 2011

Angara backs creation of Algae R & D hub

By Ted Boehnert 05/29/2011
Sen. Edgardo Angara is backing the establishment of a Philippine Algae Research Center, which is envisioned to harness the potential of algae in the lucrative fields of nutraceuticals, cosmetics, pharmeceuticals and animal feeds.

Angara, chairman of the congressional commission on Science Technology and engineering (Comste), said that the best way for the country to develop the industry would be through public-private partnerships (PPP). This would allow the private sector to focus leverage its industrial research, as well as academic research, to develop viable commercial products.

Angara said that Comste partners from Alson’s Aquaculture and the Ateneo Innovation Center (AIC) are collaborating on a PPP that looks into the commercial uses of algae, including its use as a biofuel..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/nation/20110529nat5.html

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