The White House praised biotechnology for its contributions to the national economy Thursday and pledged to continue the regulatory reform that it said would help bring more products to market.

“Expected benefits of this effort include reduced government costs, improved relationships with foreign trade partners, and new market opportunities for U.S. products abroad, among many others,” the White House said in a National Bioeconomy Blueprint released by the Office of Science and Technology Policy (OSTP).  

Biotechnology has already had a huge positive impact, the document said.  READ MORE »