GMO news related to New Zealand

27.12.2006 |

NZ firm winning race to fight depression

A small New Zealand company says it is winning a worldwide race to extract a brain acid from algae which may provide a remedy for depression. Henderson-based Photonz, backed by The Warehouse founder Stephen Tindall, is producing micro-organisms which generate eicosapentaenoic acid (EPA), one of the two omega-3 unsaturated fatty acids normally found in fish which eat the algae. [...] e Australian Government had put more than $10 million in the past year into a plan to genetically engineer terrestrial plants to produce EPA and DHA, and the European group BASF and academic groups in Europe, America and Australia were also working on it, he said.