Chris Lynch: Government invests $42 million to turn natural resources into medicines and bio-based products

The Government is putting $42 million into new science research that will look at how New Zealand’s natural plants, animals and other resources can be turned into products like medicines, cosmetics, food supplements and advanced materials for export.

Science, Innovation and Technology Minister Dr Shane Reti said the money will fund a new Biodiscovery Platform, led by the Bioeconomy Science Institute, over the next seven years.