Commercial Implications of Human Genome Project Patents of Human Genome Project The patentability of inventions under U.S. law is determined by the Patent and Trademark Office ( USPTO ) in the Department of Commerce. A patent application is judged on four criteria. Useful The inventor must identify some useful purpose for it. Novel The invention is not known before the filing. Nonobvious The invention is not an improvement easily made by someone trained in the relevant area. Enablement The invention also must be described in sufficient detail to enable one skilled in the field to use if for the stated purpose. Importance of patents Patents are very important for the researchers as researchers are rewarded for their discoveries so that the can use monies gained from patenting to further their research. The investment of resources is encouraged by providing a monopoly to the inventor and prohibiting competitor from making, using, or selling the invention without a license. Wasteful duplication of effort is also prevented. Research if forced into new, unexplored areas. Moreover, secrecy is reduced and all researchers are ensured access top the new invention. Patents about single nucleotide ( SNPs ) are very important. SNPs are DNA sequence variations that occur when a single nucleotide ( A,T, G or C ) in the genome sequence is altered. Variations in DNA sequence can have a major impact on how human respond to disease; environmental insults such as bacteria, viruses, toxins and chemicals; and drugs and other therapies. As a result, there is a great value of SNPs to develop pharmaceutical products or medical diagnostics. So, pharmaceutical can make a great profit on new drugs and medicines. In 1999 April, ten large pharmaceutical companies and the UK Wellcome Trust philanthropy announced the establishment of a non-profit foundation to find and map 300000 common SNPs. The aim of those companies is not to make a profit but to prevent others from patenting the same information. Commercial opportunities of Human Genome Project It is predicted that life sciences may become the largest sector in the US economy as there is limitless applications cross boundaries from medicine and food to energy and environmental resources of HGP. Many of the companies, such as IBM, Compaq, DuPont and major pharmaceutical companies are among those interested in the potential for targeting and applying genome data. Due to the commercial opportunities of HGP, the private sector participation is quite large. The area of economy included the following : Clinical medicine : many more individualized diagnostics and prognostics, drugs and other therapies. Agriculture and livestock : hardier, more nutritious and healthier crops and animals. Industrial processes : cleaner and more efficient manufacturing in such sectors as chemicals, pulp and paper, textiles, food, fuels, metals and minerals. Environmental biotechnology : biodegradable products, new energy resources, environmental diagnostics and less hazardous cleanup of mixed toxic-waste sites. DNA fingerprinting : identification of human and other animals, plants and microbes; evolutionary and human anthropological studies; and detection of and resistance to harmful agent that might be used in biological warfare. Many companies furnish valuable commercial services that the government could not provide, such as Celera Genomics, Incyte and Human Genome Science. The contribution of NIH and the Wellcome Trust on the United Kingdom are equally important. The taxes returned by private companies’ successes easily repay fundamental public investments. Great contribution of Genetically Modified ( GM ) foods Genetically Modified ( GM ) is the technologies of altering the genetic makeup of living things, such as animals, plants and bacteria. Recombinant DNA technology is the technology that combining genes from different organisms. The main use of this technology is on food and the purpose is to conferring is insect resistance or desired nutrients to the food. By the use of this technology, GM crops are grown commercially over 40 countries and on 6 continents. The crops include insecticide-resistance soybeans, corn, cotton, and canola. There is also grow of sweet potato resistance to virus. This largely increase the growth of crop. The growth of rice with increased iron and vitamins may alleviate chronic malnutrition on Asian countries. Apart from insect resistance and nutrients, the maturation time of crops can also be reduced. Moreover, GM food also provide medical use. For example, on the horizon are bananas that produce human vaccines against infectious diseases such a hepatitis B. As the growing populations of crops greatly increase, the income of agricultural countries also increase. However, there are also controversies of GM food. The problem that most people concern about is safety. Some people may have unknown allergens to GM food. This can be very dangerous and can also be fatal. As a result, there should be label of food which is GM food to provide choice to customers. However, there is no mandatory is some countries ( e.g., United States ). Apart from these, there is also international problem. The production of world food will be dominated by a few companies because of the limited technology. It also may increase dependence of industralized nations by developing countries. Career of Human Genome Project Because of the develop of HGP, the biotechnology industry has more than tripled in size between 1992 and 2001. The revenue also increase from $ 8 billion to $ 27.6 billion. In 2001, there were 191000 US employees and more opportunities are expected in healthcare, food production, and environmental cleanup. In the following is different kind of careers greatly contribute to the economy. The two main area is medicine and agriculture. Medicine : this include medical genetics, genetic counseling, genetic nursing, gene testing, gene therapy, organ transplantation, fertility reproduction and public health. It also include pharmacogenomics, chemical, vaccine, medicine development and production. Agriculture and wildlife : this include generic modification of foods and seeds, biopesticide and neutriceutical development, wildlife management including identification, protection of endangered species and authentication of consumables such as wine , caviar. Reference : http://www.ornl.gov/TechResources/Human_genome/