Healthcare
Our natural environment is vital to our
health and prosperity. Environmental assets provide benefits that
enhance economic performance, offer new opportunities for
investment and employment, and improve living standards and quality
of life.
A large proportion of society depends upon a healthy marine
environment for goods and services such as food, raw materials, gas
and climate regulation, transport and security. Part of this is
huge potential the marine environment represents regarding the
source of new drugs, innovative treatments and diagnostic tools for
human health In recent years, the chemistry of natural
products derived from marine organisms has become the focus of a
much greater research effort with a number of marine natural
products in various phases of clinical development.
The global market for Marine Biotechnology products and
processes is currently estimated at € 2.8 billion (2010) with a
cumulative annual growth rate of 4-5%. Less conservative estimates
predict an annual growth in the sector of up to 10-12% in the
coming years, revealing the huge potential and high expectations
for further development of the Marine Biotechnology sector at a
global scale.
An important trend in the food and healthcare industries is the
adoption of ‘natural’ ingredients with perceived benefits to the
health of the consumer, PML Applications Ltd makes an important
contribution in this rapidly growing sector developing novel or
alternative products and services from the marine
environment.