Billion-dollar market blossoms as botanicals take root
Article Abstract:
Such pharmaceutical companies as Bayer Corp. and Warner Lambert are readying themselves for the FDA-approved herbal pharmaceuticals market. These companies are among the pharmaceutical companies that have launched lines of herbal supplements in an attempt to gain a toe hold in the herbal supplements market. An analyst states that the current global market for herbal supplements exceeds $15 billion. In the US, this market is growing at about 15% each year. Botanicals such as herbal supplements are generally complex mixtures that contain several ingredients. They are not subject to regulatory approval as long as their manufacturers make no specific therapeutic claims.
Comment:
Such pharmaceutical companies as Bayer Corp. and Warner Lambert are readying themselves for the FDA-approved herbal pharmaceuticals market.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 1999
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Implementing biofuels on a global scale
Article Abstract:
Several key socioeconomic, technological and financial mechanisms continue to hinder implementation of more global and proactive actions in energy policy to prevent dramatic climate change. It is suggested that a viable working model, where new business opportunities would arise from the challenges, could provide the impetus to a national and international transition to alternative fuels compatible with climate protection.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2006
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Can biofuels finally take center stage?
Article Abstract:
The US President George W. Bush in his State of the Union address in January 2006 stated that biofuels could help ease the addiction of the US to foreign oil, and he proposed slating $150 million for biofuels as part of his 2007 Advanced Energy Initiative. About 140 farm, forestry and environmental groups have endorsed the '25 by 25' campaign, which advocates that 25% of US energy come from arable land by 2025.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2006
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