Major resources of the branch are not meat but bioactive substances and enzymatic and endocrine materials. Advanced processing of lard, thymus, spleen, adrenal glands, and other organs of sea mammals for production of bioactive substances may result in the annual profit of $0.5 mln. The proximity of the potential outlets (South-Asian countries) determines the expediency of re-orientation of sea slaughter for provision of the aboriginal population with mean and production of raw materials for modern pharmaceutical industry.
The project of setting up a factory producing OMEGA-3 (polyunsaturated fatty acids) implies processing not only small pinniped animals, but also alternative raw materials, such as cheap species of fish. The expected number of the company staff is 56 people (16 of whom are qualified specialists); the production may be organized in the form of a movable factory. The estimated capacity of the factory is 12 thousand small pinniped animals a year (100 tons of fat).
The perspectives of whale industry depend on the moratorium for commercial catch of whales. International Whaling Commission memorandum put a complete ban in 1982. Legal catch can only be possible for the purpose of keeping ethnic tradition or within the framework of scientific programs. Chukotka and Alaska have quotes of traditional catch of whales by the aboriginal population (140 and 40 pieces a year respectively); Japan (910), Iceland (34), and Norway (639) have quotas for the catch of whales for scientific purposes.
Duly taken security measures allowed for the restoration of the population, and now the number of the protagonist countries for the commercial catch of whales in the International Whaling Commission is growing. If in 2001 72% of the members of the Commission voted against, in 2005 their number dropped to 40% (40% nays, 9% abstained from voting).
Considerable lobbyist attempts are made by Japan, which has repeatedly announced about its determination to get the Memorandum banned by 2006.
This way, the prospective catch of sea mammals as an industrial branch will remain open.
Meanwhile 65% of the total value of the whaling industry is advanced processed products used in pharmaceuticals (bioactive additives and enzyme endocrine materials). In case of restoration of commercial whaling, the increasing popularity of a healthy way of life will make it possible for Chukotka to take leading positions in the production of bioactive additives.

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