Latest / Hydroponics Daily / Eli Lilly's $3 BILLION Greenhouse Bet: Is Hydroponics the Next Pharma Frontier?
Transcript
- 0:00Hello there and welcome back to
- 0:01Hydroponics Daily, your go-to podcast for everything soilless cultivation.
- 0:06I'm your host Dr. Russell Sharp and on yesterday's podcast I said that we will
- 0:10be talking about Eli Lilly and their interest in botanicals and hydroponics
- 0:16and they've just bought a greenhouse facility in the Netherlands.
- 0:20They bought one in Katvik.
- 0:28No information about what they're going to do with it just and
- 0:31then the local you know business people saying it's going
- 0:34to future proof the landscape combining innovation business
- 0:37and community so just like you know flowery words
- 0:40but it looks like it's
- 0:43going to be related something to do with their
- 0:47drugs for weight loss so you
- 0:50may you will have heard because it's been in
- 0:53the news for ages that there are a number of different weight
- 0:57loss drugs that have been coming together in have been used around the world
- 1:02so a zempic has been like the most well-known but maybe not the most commonly
- 1:08used one and this is they're they're all grouped together in small molecule glp1.
- 1:17Agonist orthogloprin basically you normally
- 1:21inject them and then they stop you wanting to eat however
- 1:24they're now developing oral versions so
- 1:27you just eat them and this has caused a number of issues
- 1:30in certain industries not least horticulture and agriculture
- 1:33because obviously people are eating less food
- 1:37and certain people are eating less food obviously if you're not obese or you're
- 1:41not taking these then you're not affected and then if you are affected you will
- 1:45still be eating food but you will be eating less fatty food and less indulgent
- 1:51food and so it could have knock-on effects for horticulture and agriculture,
- 1:56perhaps less requirement for chocolate and cacao and things like this. Who knows?
- 2:03And so, you know, it potentially could be like, it's something like 8% of Americans
- 2:09have or are using GLP-1 agonist, and could rise to a.
- 2:20If they could get an oral one that is approved. So this new greenhouse,
- 2:25with a shrinking demand for, say,
- 2:28fresh produce, if this is okay, less people eating food, then this greenhouse
- 2:33obviously that's been sold,
- 2:36if it's not being used for grow food, perhaps it could be used for grow food,
- 2:40but it looks like it's been developed for boosting capacity of these drugs.
- 2:47It's a $3 billion investment in
- 2:49a new manufacturing site so that's pretty impressive and yeah
- 2:54it what else can we say Elali
- 2:57I said previously I've got a bit of a
- 3:00sketchy past the famous example is
- 3:03a Madagascan periwinkle and they they took it and it was going to be a diabetes
- 3:10cure and they worked with the local shamans in Madagascar and actually developed
- 3:16it into a cure for various cancers.
- 3:21I think it's non-Hodgkinson's lymphoma, things like this.
- 3:24So because of that, things like the Nagoto Protocol came about,
- 3:29where you have to share the profits from any genetic resources that have been
- 3:34taken from the wild or from local populations with the local community.
- 3:39And so, yeah, that's an interesting one.
- 3:43No information has been provided about what's going to happen to this site.
- 3:48It's a fairly low-lying area, so investing $3 billion in an area that's probably
- 3:54below sea level is interesting.
- 3:57But yeah, let's see what happens. Maybe something about the oral dose of these
- 4:01products may require some plants to be grown in a greenhouse.
- 4:04You know, a number of botanicals a number of medicines are still
- 4:07based on plant ingredients so let's
- 4:11think about some off the top of my head well taxol
- 4:14was traditionally from you which is a
- 4:17cure for breast cancer it's now synthetically produced the
- 4:22in covid everyone was after the
- 4:25the the antivirals and a
- 4:29lot of the antivirals are what was the famous one
- 4:32that everyone was after let me just check that tamiflu that
- 4:36requires schimmick acid which comes from star
- 4:39anise if you like cooking indian food you'll know star anise
- 4:42and there was a massive limitation on the amount of star anise that could be
- 4:45produced during covid what are the drugs obviously opiates from opium i have
- 4:52never worked out where they grow opium the major producer of opium for medicinal
- 4:57use is i think in oxfordshire in England.
- 5:00But where they actually grow it, I don't know. Maybe it's a secret location somewhere in the UK.
- 5:04And obviously, there is now a number of cannabinoid legal drugs that are grown
- 5:09from, made from cannabis, and either in a very refined form, not synthetic, but.
- 5:19There is also flour as well that people take for medicine.
- 5:23So it's not restricted to that. There are many, many other drugs that come from botanical sources.
- 5:28So it'd be interesting to know what Eli Lilly are going to do with this greenhouse.
- 5:32So watch this space and hopefully we'll find out soon.
- 5:36All right, that's been Hydroponics for today. If you found it at all useful,
- 5:39a bit of a rambling one, please do leave an Apple podcast review.
- 5:42And if you're not on Apple, don't leave a review because it's useless,
- 5:45but do check out utreema.co.uk and you'll find loads of interesting products
- 5:49and technology we haven't got three billion dollars to invest in holland but
- 5:54we do have some exciting technology thank you very much for listening until next time goodbye.