EcoBiotics

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EcoBiotics

"EcoBiotics Limited is a company based in far North Queensland that specialises in the discovery of new drugs and agrochemicals from tropical rainforests (biodiscovery). At EcoBiotics they use a unique approach to biodiscovery that is based on an understanding of the ecology of the tropical rainforest. As this approach is highly targeted, collection strategies used by the company result in negligible impact on the natural environment.

"EcoBiotics has an agreement with the ARF (Australian Rainforest Foundation) which allows the company access to ARF governed rainforests for biodiscovery purposes in return for royalty payments from sale of any products developed from collected material." [1]

"When they first founded the business, Dr Reddell took a job with an environmental consulting group within Rio Tinto as their principal ecologist for three years to basically keep the money coming in, while Dr Gordon started full time." [2]

"EcoBiotics Limited has also signalled Queensland’s biotechnology credentials to the world by signing an agreement with London-based cancer drug developer Antisoma...

"In 2001, EcoBiotics received a State Government Innovation Start-Up Scheme (ISUS) grant assisting the company at a critical early stage of development and in 2003, the company signed a benefit sharing agreement with the Queensland Government allowing the company to conduct biodiscovery in tropical rainforest areas." [3]

Board and Senior Management

Accessed November 2008: [4]

Contact

Web: http://www.ecobiotics.com.au

Resources and articles

Related Sourcewatch articles

References

  1. EcoBiotics, Australian Rainforest Foundation, accessed November 25, 2008.
  2. Green With Hope, The Cairns Post, accessed November 25, 2008.
  3. Smart Connections Fifth Edition, October 2006, Queensland Government, accessed November 25, 2008.
  4. Board and Senior Management, EcoBiotics, accessed November 25, 2008.