About Sh10 billion will be used to take stock of Kenya’s genetic resources as a first step towards their commercialisation. The process called bioprospecting includes identifying valuable components in fields such as pharmaceuticals, food and beverages, seed, crop protection, horticulture and botanical medicine. It also involves establishing a legal framework for compensation when materials and knowledge are shared with foreign institutions. “It is expected that a budget of Sh10 billion shall be required to implement this strategy in the first five years,” said Kenya Wildlife Service (KWS) chairman David Mwiraria. read more: http://www.businessdailyafrica.com/Kenya+moves++to+safeguard+genetic+wealth+/-/539552/1265700/-/qniw56/-/index.html
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Thursday, November 3, 2011
Bioprospecting move to safeguard genetic wealth
About Sh10 billion will be used to take stock of Kenya’s genetic resources as a first step towards their commercialisation. The process called bioprospecting includes identifying valuable components in fields such as pharmaceuticals, food and beverages, seed, crop protection, horticulture and botanical medicine. It also involves establishing a legal framework for compensation when materials and knowledge are shared with foreign institutions. “It is expected that a budget of Sh10 billion shall be required to implement this strategy in the first five years,” said Kenya Wildlife Service (KWS) chairman David Mwiraria. read more: http://www.businessdailyafrica.com/Kenya+moves++to+safeguard+genetic+wealth+/-/539552/1265700/-/qniw56/-/index.html
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