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Public Private Partnerships and Innovation

Public Private Partnerships and Innovation. PROSPECTING BUSINESS FROM COMMERCIALIZING INNOVATION. Cotton: Multiplying cash crop. National Center of Excellence in Molecular Biology, University of the Punjab. Cotton Variety: MNH-93 transformed with a single BT gene prepared

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Public Private Partnerships and Innovation

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  1. Public Private Partnerships and Innovation PROSPECTING BUSINESS FROM COMMERCIALIZING INNOVATION

  2. Cotton: Multiplying cash crop • National Center of Excellence in Molecular Biology, University of the Punjab. • Cotton Variety: MNH-93 transformed with a single BT gene prepared • Estimated market potential: $59 million • MOUs already signed with a multinational to import of BT cotton and another to grow seed on 800 acres • Investment: US$ 375,000 • ROI in 5th year: 600% • Payback: 2.15 years

  3. Vaccine for Mastitis Control • Faculty of Agriculture and Technology • 20% of animals affected • Initial investment: US$370,000 • Currently, it is only imported • Lab costs: US$1 per dose, which would be US$ 0.5 per dose when commercialized • ROI in 5th year: 160% • Payback: 3.5 years

  4. University Boom Sprayer • Conventional spray mechanisms do not reach out to 90% areas of cotton plants affected by virus • This Sprayer covers the plant entirely- from top to bottom • Initial investment: US$187,000 • Per Unit Price: PKR120,000 • Market Size: US$ 100 million (67,ooo tractors in cotton growing areas) • Payback: 3.27 years

  5. University-Industry Partnership: A Case Study • Locally manufactured organic fertilizer • MOU between Government College University, RL Enterprises (Pvt) Ltd. • Role of Agribusiness Support Fund in sharing basic R&D costs • Out of current demand of 1.2 million of DAP fertilizer, two third is currently imported • This would make available fertilizer at Rs250 per bag, whereas current DAP price is Rs3,200 per bag

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