...Ventria Bioscience Case Study Michael Regan Kaplan University Corporate Social Responsibility GB590 Dr. William Deskin March 06, 2012 Introduction Ventria is a biotechnology firm that developed a process to produce pharmaceutical proteins in the seeds of rice (Lawrence & Weber, 2011). Ventria was a small start-up company that received funding from venture capital. Ventria believed that its first product would be well received since it was a medicine that would lessen the severity of diarrhea in children (Lawrence & Weber, 2011). Plant-made medicines could be developed much cheaper than using mammalian or microbial cell cultures. Plant-made medicines were able to be developed without the extensive and expensive purification process which allowed them to be taken orally (Lawrence & Weber, 2011). Problems Facing Ventria Ventria had a few of issues that prevented it from being as successful as CEO Scott Deeter expected them to be. 1. Organization – When Scott Deeter succeeds Hagie as CEO he took the company down a different path as part of his reorganization to help the company be successful he narrowed the company’s projects down the a few that had the greatest chance at being successful (Lawrence & Weber, 2011). 2. The rice that was produces from their research had side-effects. Couple this with the regulation that California places on genetically engineered rice farms and it becomes an uphill battle to get their research successfully completed...
Words: 790 - Pages: 4
...Case Study: “Ventria Bioscience and the Controversy over Plant - Made Medicines” Introduction: Case overview Ventria Bioscience, a biotechnology firm based in California, faces the challenge of commercializing a product with potential and considerable public health benefits. Ventria had developed a ground-breaking technology using genetically modified (GM) rice to grow the proteins lactoferrin and lysozyme, both found in human breast milk, which can be used for the treatment of diarrhea in children, tourists and the military. (Lawrence and Weber, 2010, p. 494) However, the pioneer biotechnology invention has to go through regulatory processes and stakeholder’s scrutiny, before it can enter the market. There are ethical concerns over the plant-based medicines and opposition coming from consumer advocates, environmentalists, rice farmers and food safety activists. Ventria needs to overcome the regulatory environment and manage its stakeholder relations in order to succeed and release this product for sale. In order to do so they must establish a strategic plan to improve their triple bottom line performance. They need to convince stakeholders that the potential benefits are desirable and that they can safely and responsibly deliver the product to be commercialized. Even then, Ventria and the biotechnology industry might always face opposition from groups against genetically modified organisms in which human genes are also manipulated. “The public’s reactions to plant-...
Words: 1034 - Pages: 5
...CXO Profile Ricerca Biosciences, LLC Company Details Ricerca Biosciences, LLC 7528 Auburn Road Concord, OH 44077 Phone: (888) 742-3722 Fax: (440) 354-6276 website: http://www.ricerca.com/ Company Profile Originally named Ricerca, Inc., a privately owned company, was founded in 1986 to operate as a research and development center focused on analytical and process chemistry and toxicology. Originally, set up to focus on the development of agricultural products, in 1990, Ricerca, Inc. was acquired by Ishihara Sangyo Kaisha and shifted its focus to providing pharmaceutical research services. By 2002, the company had changed its name to Ricerca Biosciences, LLC to reflect its growing biology and biotechnology capabilities for the preclinical development of pharmaceutical and biotechnology products. Sustained by successful customer relations and partnering relationships, Ricerca Biosciences has grown to employ approximately 850 employees in the US, France and Taiwan (http://www.medcitynews.com/2010/03/ricerca-biosciences-completes-35m-buy-of-mds-pharma-units/), with 265 employees stationed at the Concord facility and 585 employees in the US and abroad. The current focus of Ricerca Bioscience is to offer a well-balanced integration of biological and medicinal chemistry services for the development of pharmaceutical and biotechnology products through the pre-clinical stage to the IND stage. Ricerca also provides continued support in CMC development, late stage non-clinical...
Words: 1212 - Pages: 5
...Consider the following reaction at equilibrium 1) CO2 (g) + H2O (l)  H2CO3 (aq) K= [H2CO3] ------------ [CO2][H2O] An Increase in CO2 concentration will increase the rate of the reaction forward. CO2 (g) + H2O (l) -------à H2CO3 (aq) decreases CO2 and increases H2CO3. A Decrease in CO2 concentration the forward reaction slows down which then effects the reverse reaction by producing H2O and CO2 until equilibrium is reached. CO2 (g) + H2O (l) ß------- H2CO3 An Increase in H2CO3 concentration the forward reaction also slows down which then effects the reverse reaction. CO2 (g) + H2O (l) ß------- H2CO3 A Decrease in H2CO3 concentration, the reaction will move forward. CO2 (g) + H2O (l) -------àH2CO3 2) Write the equilibrium constant expression for the reaction shown in question 1. 3) Calculate the equilibrium constant using the following concentrations [CO2] = 3.56 x 10-10 M and [H2CO3] = 8.8 x 10-2 M. K= [3.56] [10-10] ------------- [8.8] [10-2] = 22.63 Carbon dioxide plays a vital role in the human body and is a colourless, odourless gas produced by organic compounds and by respiration. This essay will discuss the transport and exchange of carbon dioxide, pH levels, acidosis and alkalosis and chemical equilibrium. Firstly, carbon dioxide is transported around the body in a few different ways. Some of those are, “dissolution, haemoglobin binding, and the bicarbonate buffer system” ('Transport of Carbon Dioxide in the Blood', 2015). It is not soluble in water, however...
Words: 347 - Pages: 2
...BIOLOGY OF PROTIST ABUDANCE AIM: Study the abudance of protist in a cowdung culture INTRODUCTION: Protists belong to the Kingdom Protista, which include mostly unicellular organisms that do not fit into the other kingdoms. Though mostly are unicellular there are some multicellular organisms within the kingdom. Thus species form of the “body” of the organism consists of a variety of types of cells, each type with its own specialized function unlike the unicellular form. We also find colonial protist which consist of cells that are similar with similar function. Kelp a brown multicellular algae; Volvox, which is a green colonial algae and Spirogyra also a green algae with filamentous. Most unicellular are small in size but have a highly complexity level. Species such as Amoeboids and ciliates have a unique organelles that re contractile that assist in water regulation. Protist are all eukaryotes, (consist of true nucleus or membranous organelles) water based organisms. They are aerobic with mitochondria for cellular respiration and some have chloroplast for photosythesis. Most usual have an asexual life cycle reproduce or grow by mitosis, and some reproduce by meiosis and fertilization. Spore formation normlly occurs in hostile enviroment to incerease chances of survival y being resistant in adverse condition untill favourable conditions, many form Cysts such as protoazoans. Protist vary in size from microscopic algae and protoazoans to kelp that can be over 200 m in length...
Words: 473 - Pages: 2
...with suppliers and partners, and better meet the needs and expectations of their clients. Classified by market relationship, there are there models: business-to-consumer (B2C), business-to-business (B2B), and consumer-to-consumer (C2C). As a small company providing consultancy services in life science, the best sales strategy for Evolution Bioscience is E-business. However, this company does not make full use of its official website and several social media accounts to develop its business. This article describes Evolution Bioscience existing strengths and failing in using digital platforms such as its website and social media accounts first, and then, using SWOT and business models to analyse the company’s internal situation and via analysing the main social media to choose the suitable social media. Finally, according to the business models analysis, a recommendation mainly refers to B2B development is performed. Current situation of Evolution Bioscience EXISTING STRENGTHS As Jukes and Zilling presented in 2012, the most important for a company in E-business age is establish an official website. Evolution Bioscience has established its official website, which is http://www.evolution- bio.com/. In this official website, we will find that it has clear layout, and the details of the company features. Web site design has six elements: objectives, content, visual design, structure and navigation, interactivity and functionality and overall experience (Webby...
Words: 2865 - Pages: 12
...Accounting Association DOI: 10.2308/iace.2011.26.1.155 Bioscience Company: Accounting for Idle Plant Assets Victoria Dickinson, Paul Kimmel, and Terry Warfield ABSTRACT: Bioscience Company and its auditors have been in discussions with the SEC concerning the accounting for its long-lived assets. Among the issues being discussed is the company’s discontinuation of depreciation on productive assets that it had used previously, but it was not currently using. The case permits a technical examination of depreciation and impairment accounting issues with consideration of the FASB’s asset/liability measurement approach, fair value accounting, use of the FASB Codification, and comparisons to International Financial Reporting Standards. The case requirements are divided into basic requirements, which would be appropriate for intermediate level students; and advanced requirements, which would be more appropriate for accounting seniors, as well as M.B.A. and fifth-year accounting students. Keywords: accounting for long-lived assets; depreciation; impairment. INTRODUCTION ristin Murphy recently joined the audit team of one of the more interesting clients in her accounting firm’s practice. An important issue has arisen for this client on a topic that she has not encountered in her four years with the firm. Following is some background on the client and the accounting issue under consideration. K BIOSCIENCE COMPANY Bioscience Company, founded in 1985, began when a defense and aerospace...
Words: 3441 - Pages: 14
...Organizational Objectives and Total Compensation in Different Markets Keith Hammond HRM/324 December 09, 2013 Professor Sharon Fletcher Organizational Objectives and Total Compensation in Different Markets There are a number of applicable Federal and State laws that have an effect on compensation within an organization, along with taxes paid on income. The way an organization determines the benefit plans and salaries of its employees are directly related to the guidelines that are produced from certain Federal and State laws. A well known law and one that is at the top of the priority list for organizations to adhere to is the Fair Labor Standard Act. Business organizations should be very familiar with this law. The law deals with the five major laws of compensation. They include minimum wage levels overtime pay, record keeping responsibility and the child labor act (Martocchio, Joseph J (2009). Through the years there have been adjustments made to the laws. Another law closely related to the Fair Labor Standard Act is the Equal Pay Act of 1963. This act restricts the difference in the salaries given to make and also female employees in the same position (Martocchio, Joseph J (2009). The act does not however restrict the system of seniority, the system merit and the system that rewards for performance. The act also does not pay attention to the exempt and non-exempt status of the employees. The laws that exist to protect employee is known as the consumer credit...
Words: 809 - Pages: 4
...Journal of Global Biosciences ISSN 2320-1355 Volume 4, Number 2, 2015, pp. 1448-1455 Website: www.mutagens.co.in E-mail: submit@mutagens.co.in researchsubmission@hotmail.com Research Paper HUMAN URINE AS A FERTILIZER- A COMPARATIVE STUDY USING SOLANUM LYCOPERISCUM AND CAPSICUM SP. Rajani, V1., Alaka, R. S2., and Sajitha Rajan S.3 1, 2 P G Department of Environmental Sciences, 3Department of Botany All Saints’ College, Thiruvananthapuram, Kerala, India. Abstract Fertilizer is any organic or inorganic material of natural or synthetic origin (other than liming materials) that is added to soil to supply one or more plant nutrients essential to the growth of plants. Urea fertilizer production has developed during the last decades so that urea is one of the most important industrial nitrogen fertilizers and new urea–ammonia fertilizer plants have been built recently, for instance in India. Human urine is a natural resource, which is available in all human societies even in the poorest ones which can be used as a natural fertilizer. Urine contain rich plant nutrients, since the human kidney is the main excretory organ and thus urine contains most of the nutrients present in human food which have not been utilized for new cell growth or energy consumption. In the present study two plant materials were selected- Solanum lycopersicum and Capsicum sp. In this study, soil analysis as well as estimation of protein, ascorbic acid, proline and Ascorbate Peroxidase...
Words: 3284 - Pages: 14
...Ecosystem and Human Activity SIX KEY ASPECTS OF ECOSYSTEM BASED MANAGEMENT October 27, 2013 Table of Contents Introduction 3 Six Key Aspects of Ecosystem Based Management……………………………………3 Integration of ecological, social, and economic goals and recognition of humans as key components of the ecosystem………………………………………………………..............3 Consideration of Ecological Not Just Political- Boundaries………………………………5 Accounting for the Complexity of Natural Processes and Social Systems and Using an Adaptive Management Approach in the Face of Resulting Uncertainties………7 Engaging Multiple Stakeholders in a Collaborative Process to Define Problems and Find Solutions………………………………………………………..…………………….8 Incorporating Understanding of Ecosystem Processes and How Ecosystems Respond to Environmental Perturbations…………………………………………….....9 Concern with the Ecological Integrity of Coastal-marine Systems and the Sustainability of Both Human and Ecological Systems………………………………10 Conclusion ….12 References 13 Introduction Human activities on land and in the ocean are changing ecosystems and threatening their ability to provide important benefits to society, such as healthy and abundant sources of food, clean air, and fresh water. The argument that the ecosystem ought to be managed in whole ecological units based on integrative biological, physical and/or socio-economic assessments is not a new one. However the argument is gaining urgency as a result...
Words: 3397 - Pages: 14
...History November 29, 1978 Biocon’s Founding Day - the start of a biorevolution in India. Over the years, Biocon has evolved from an enzyme-manufacturing company into a fully integrated biopharmaceutical enterprise. Today, we leverage a formidable combination of proprietary fermentation technologies and research skills to develop affordable therapy for unmet medical needs Biocon India is incorporated as a joint venture between Biocon Biochemicals Ltd. of Ireland and an Indian entrepreneur, Kiran Mazumdar-Shaw 1979 Biocon is the first Indian company to manufacture and export enzymes to USA and Europe 1989 Unilever plc. acquires Biocon Biochemicals Ltd. in Ireland and merges it with its subsidiary, Quest International Biocon is the first Indian biotech company to receive US funding for proprietary technologies 1990 Biocon scales up its in-house research programme, based on a proprietary solid substrate fermentation technology, from pilot to plant level 1993 Biocon's R&D and manufacturing facilities receive ISO 9001 certification from RWTUV, Germany 1994 Biocon establishes Syngene International Pvt. Ltd. as a Custom research Company (CRC) to address the growing need for outsourced R&D in the pharmaceutical sector 1996 The commercial success of Biocon's proprietary fermentation plant leads to a 3-fold expansion Biocon leverages its technology platform to enter biopharmaceuticals and statins 1997 Biocon spearheads initiatives in human healthcare through a...
Words: 1246 - Pages: 5
...1.a. Introduction: Case overview Ventria Bioscience founded in 1993 in Sacrament California by Dr. Raymond Rodriguez a Biologist with the University of California. The company wants to produce a rice product to grow a proteins Lactoferrin and Lysozyme, both are found in human breast milk and can be used to treat diarrhea in children, tourist, military and the treatment of inflammatory bowel disease. (Lawrence and Weber, 2013, p. 515) The problem that was facing Ventria was getting it through the regulatory process and the stakeholders before it will be used in the market. There have been some ethical issues that where raised by the rice farmers, consumer advocates, environmentalists, and food and safety activists. If Ventria can overcome the regulatory proceedings and get buy in from its stakeholders, it can be successful in releasing its product for sale. However, in order for them to get this product into the market they will need to convince all of the stakeholders that they can responsibly and safely produce this product. 1.b. The key market stakeholders involved with Ventria, are the rice industry, which include rice farmers and the producers. These two groups are a big part of the market that Ventria is trying to enter. Rice farmers are usually family-owned business’, and rice mills are usually owned by larger organizations such as Agribusiness giants, ADM, Far West Rice, Pacific International, and Sun West. Additional, key stakeholder would include the...
Words: 507 - Pages: 3
...The Oceans Act of 2000 Before the year 2000, the numerous organizations responsible for maintaining the coastal waters of the United States were accomplishing next to nothing. The combination of federal, state, and local agencies had overlapping jurisdictions that were clashing at every corner. The National Ocean Protection Act was presented to Congress to help preserve and improve coastal waters and lessen the confusion between organizations (Froelich 224). Though the bill was shot down by several groups, whose interests were put at risk, it helped bring the ocean to the forefront of policy concern. Outrage sparked by refusal to pass the “American Oceans act”, coupled with strong personal concern for our coastal waters, motivated Senator Ernest Hollings of South Carolina to speak up on the matter. He began lobbying for a bill which would establish a federal Commission to make recommendations about coordinating national ocean policy (Helvarg 24). His intent was to change the government’s focus on our coastal waters, as only 1% of the biotechnology research and development (R&D) budget was intended for marine-life and less than 4% of the total federal R&D budget went to ocean related research (Froelich 224). Ellison’s progress on his bill, entitled Oceans Act of 2000, was slowed by the concern of special interest groups. The American Petroleum Institute, US Navy Officials, the shipping industry, and others who conduct business in coastal waters, opposed the legislation...
Words: 1258 - Pages: 6
...Cap LT Debt P/E (forward) 52 Week Range Float Short Interest Avg Daily Volume (3m) Beta $63.53 243.57 million $15.47 billion $955.7 million 11.74 $58.14 - $93.24 241.22 million 1.12 million 1,963,240 0.73 II. Business Overview Becton, Dickinson and Company (BD) manufactures and sells a host of medical devices, diagnostic equipment, and cell analysis products to healthcare institutions, clinical laboratories, and private consumers. Incorporated in New Jersey in 1906, the company is divided into the BD Medical, BD Diagnostic, and BD Bioscience product segments. BD Medical comprises the majority of the firm’s revenues and includes Medical Surgical Systems, Diabetes Care, Ophthalmic Systems, and Pharmaceutical Systems. As the secondary sales-generating division of the company, BD Diagnostic is comprised of the Diagnostic and Preanalytical Systems divisions. Supplying life science research labs with tools for cellular anaylsis, BD Bioscience is the smallest revenue contributor. Becton, Dickinson and Company employs around 28,000 people in 50 countries and derives 55% of its revenues from countries other than the US. BD Medical The leading segment in terms of sales...
Words: 3874 - Pages: 16
...Evolution in our Public Schools Student Name PHI 103: Informal Logic Instructor: Date Evolution in our Public Schools I. Introduction A. Thesis Statement One of the major concerns in the scientific studies of biology today is about evolution being taught in our public schools. This has been an ongoing concern for the religious sects, teachers, school board members, students, parents, and state officials. It has been the talk of the courts since the Darwin Theory came along. Many issues have risen over the years since evolution was introduced to the world and into the school system. The questions of whether mankind evolved from a monkey or the way of creationism, that man was created by God as stated in the book of Genesis (Bible). Other issues that came up were with the teachers themselves and having to teach evolution in their biology classes, when not fully understanding evolution itself. In this essay we will discuss the arguments of evolution versus creationism that is being taught in our public schools and whether it is acceptable to teach evolution to our school children. II. Body paragraph # 1 – Topic Sentence # 1 The disputes of evolution started back in the late 19th century, some years after Charles Darwin came to the conclusion of linking human ancestry to lower animals by his evolution theory. This evolution of reasoning caused a stir in the public schools when it was put into the biology text books and required to be taught to the students...
Words: 1246 - Pages: 5
