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.