Biorefinery refers to new ways of using biological materials, the locally most significant of which is wood. The development of the biorefinery industry requires expertise in various fields, including pharmacy, medical science, pharma development, nutritional science, biochemistry, physics and bioinformatics.

Biorefinery offers new opportunities to traditional medical knowhow and for new applications e.g. in food production. Potential applications include new, wood-based materials in pharmaceuticals, as food additives, as animal fodder and in smart packaging for food products.

A large number of different molecules can be separated from wood, some of which are extremely difficult and expensive to manufacture synthetically. In addition to energy production, various uses for wood molecules can be found e.g. in surfacing, pesticides, filtering and purification materials, food additives, pharmaceutical products and water purification.