Argentina’s Local Crop Biotechnology Developments: Why Have They Not Reached the Market Yet?

Plant biotechnology in Argentina started at the end of the 1980s, leading to the development of numerous research groups in public institutions and, a decade later, to some local private initiatives. The numerous scientific and technological capacities existing in the country allowed the early constitution in 1991 of a sound genetically modified organisms biosafety regulatory system.

The first commercial approvals began in 1996, and to date, 59 events have obtained permits to be placed on the market, however, only two have been developed locally by public-private partnerships. The transgenic events developed at public institutions pursue different objectives in diverse crops.

However, once these events have been developed in laboratories, it is difficult to move toward a possible commercial approval. In this work, we analyze several reasons that could explain why local developments have not reached approvals for commercialization, highlighting aspects related to the lack of strategic vision in the institutions to focus resources on projects to develop biotechnological products.

Although progress has been made in generating regulatory rules adapted to research institutes (such as the regulations for biosafety greenhouses and ways of presenting applications), researchers still do not conceive regulatory science as a discipline. They generally prefer not to be involved in the design of regulatory field trials or regulatory issues related to the evaluation of events. In that sense, some of the aspects considered a regulatory affairs platform for the public scientific system and the reinforcement of laboratories that perform tests required under the Argentine regulation.

Argentina's Local Crop Biotechnology Developments: Why Have They Not Reached the Market Yet?
Argentina’s Local Crop Biotechnology Developments: Why Have They Not Reached the Market Yet?

Role of Business Models in Funding the Biotech Industry: Global Trends and Challenges for Cuban Biotechnology.

Forty-three years after it was founded, with billions of dollars invested, the global biotech industry is still not positioned as a mature low-risk sector for the international investor com-munity.

Despite the clear commercial success of a number of leading companies and overall growth of the industry’s rev-enues, most biotech companies are not profi table and many fail to overcome the formidable barrier constituted by the high cost of the sector’s research and development. However, over the last four years, visible signs of change have appeared, which could be harbingers of an approaching turning point in this trend.

This article analyzes the historic background of the biotech in-dustry’s business models and corporate structures, as well as their impact on the industry’s fi nancial framework. It examines recent changes implemented by the sector’s main actors-in-cluding young startups, venture capital funds and big pharma companies-to mitigate fi nancial risk associated with develop-ment of new biotechnology products.


GE7249-10G 10 g
EUR 52


GE7249-25G 25 g
EUR 70


GE7249-50G 50 g
EUR 98


abx082266-5g 5 g
EUR 189


abx082565-5g 5 g
EUR 189


B7195-1000 1 g
EUR 106


HY-D0973 5mg
EUR 587

EGTA, 99%

GE9981-100G 100 g
EUR 181

EGTA, 99%

GE9981-10G 10 g
EUR 61

EGTA, 99%

GE9981-250G 250 g
EUR 333

EGTA, 99%

GE9981-25G 25 g
EUR 84

EGTA, 99%

GE9981-50G 50 g
EUR 120

EGTA AM *CAS 99590-86-0*

21005 10 mg
EUR 176

EGTA AM *10 mM DMSO solution*

21006 1 mL
EUR 176

EGTA tetrasodium salt *CAS 13368-13-3*

21007 1 g
EUR 115

EGTA tetrasodium salt *10 mM aqueous solution*

21008 10 mL
EUR 115

2xRIPA Buffer IIII with EDTA and EGTA (pH 7.4) 2xconcentrate

RB4477 500ml
EUR 71.75

Finally, it discusses the challenges and opportunities that these tendencies entail for Cuban biotechnology development and proposes adoption of business policies more tolerant of the fi nancial risk inherent in this sector, as a condition for at-tracting venture capital. KEYWORDS Biotechnology, fund raising, risk management, entrepreneurship, Cuba.

Leave a Comment