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 »
White House seeks expert input to create jobs through biotech innovations
To grow the economy and create jobs, The White House is seeking input from the biotech industry and research communities for a new initiative: National Bioeconomy Blueprint, GenomeWeb Daily News reports.
“Once unveiled, the National Bioeconomy Blueprint can leverage investments across the country in biotechnology research and development to create jobs and spur biological innovation on a grand scale,” said Jim Greenwood, the CEO of BIO. Read more.
Australian business groups call for lifting the ban on GM crops
According to Food Magazine, A South Australian business group calls for the ban on genetically modified (GM) crops to be lifted for the sake of the food industry.
Business SA chief executive Peter Vaughan said, “Genetically modified crops have overcome many of the challenging conditions faced by growers, and an extensive trial would address the issues, concerns and benefits.” Read more.