Purpose :: Research :: Business of Biotechnology
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What is Marine Biotechnology?
Marine biotechnology is the use of marine organisms, at the whole cell or molecular level, to provide products, technologies and processes that will benefit society.

Concept behind MARBIONC
The concept of MARBIONC here at UNCW is to develop new marine-based products/technologies that lead to:

• New industries/companies
  (via research and collaboration)
• Augmentation to existing industries
• Increase trained workforce
  (via the educational programs offered at UNCW)

MARBIONC Mission
To stimulate economic development in North Carolina through the discovery, development and marketing of new products and technologies derived from living organisms found in the sea.

MARBIONC Vision
To position North Carolina’s marine biotechnology industry as a key component in reaching economic and environmental solutions on a global scale.

Scope of Marine Biotechnology

• Global Market Value of marine biotechnology was $24 billion in 2002, one-third of which was in the United States.
• Predicted growth rate of marine biotechnology is greater than 10% annually
• Involves many industry sectors: healthcare to bioremediation to cosmetics to nutraceuticals
• International efforts are found in several countries, including: Australia, Canada, France, Japan, Germany, Italy, Norway, Spain and U.K.