New Biotech Joint Venture is established at the Technology Park
December 16, 2008
Last December 4th was the inaugurations of the biotech company The Tree Lab Chile at the Auditorium of Fundación Ciencia para la Vida. The New Zealand Ambassador, Nigel Fyfe, and the general manager of the new company, Erwin Krauskopf, headed the opening. Prominent guests from government and the industry sector attended the ceremony. Among them were Jean Jacques Duhart, Subsecretary of Economy, Vivian Heyl, President of Chile’s Science and Technology National Comission (CONICYT), Eduardo Bitrán, Chairman of Chile’s Innovation Council, Claudio Maggi, Executive Director of Innova Chile and many others.
The Tree Lab Chile is a joint venture between a New Zealand biotech company and Chilean researchers. The purpose of The Tree Lab Chile is to micropropagate high-value plants for the flower and fruit industry, using state-of-the-art technology such as somatic embryogenesis. This technique is characterized by its high multiplication rate and a minimal somaclonal variation, thus achieving a homogenization of the plants produced. In addition, The Tree Lab Chile provides assistance with the regulatory documentation needed for the import/export of plant material anywhere in the world, allowing its clients to reach foreign markets though the company’s commercial service platform.