Seanad debates

Wednesday, 5 February 2003

Industrial Development (Science Foundation Ireland) Bill 2002: Second Stage.

 

The extensive sectors already influenced by research in biotechnology suggest the importance that strength in such areas could have for Ireland. Similar industries have played a significant part in the economic growth of the past 20 years. Ireland is home to the operational bases of nine of the world's ten largest pharmaceutical companies, linking it closely to an industrial culture among the leaders of the knowledge revolution. Combined with the recent emergence of indigenous biotechnology start-up companies, such relationships give Ireland a crucial opportunity to prove itself a successful innovator and knowledge generator. An example of the possibilities of world class research in one area within the biotechnology area is the new techniques for studying incredibly small-scale phenomena being developed at present. Efforts in this area will provide detailed understanding of the structure and behaviour of biological systems such as cell membranes. Innovative research could provide new insights into how cells respond to their structural and chemical environments and may lead, for instance, to the development of new drug delivery systems that could advance the treatment of numerous diseases. The advances that will be made will be of profound significance to the biotechnology industry which is already heavily involved in Ireland.

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