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Nanotechnology
Background
Nanotechnology -- the engineering of functional systems at the molecular scale -- is emerging as a transformative and core foundation for economic growth and development in the 21st Century. Applications are proliferating as rapid advances in the underlying science and technology intersect with significant new markets and business opportunities across multiple sectors. Potential nanotechnology-related markets around the world have been forecast to reach $1 trillion by 2015, and nanotechnology will likely play a leading role in more than 15 major business sectors, ranging from the life sciences, electronics, energy and chemicals to consumer products, textiles and cosmetics.
The complexity and dynamism of nanotechnology make it imperative that governments get the policy framework “right” to realize its enormous economic, technological and societal promise.
Objectives
Advocate science-based effective and proportionate sectoral regulation to protect human and environmental health and safety, while enabling innovative research, development and commercialization to realize nanotechnology’s societal and economic benefits. Promote international coordination to facilitate globalizing R&D and value chain operations. Contribute to enhanced public understanding of nanotechnology’s enormous potential for innovative and transformative products to address current problems.
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Co-Chairs
Terry Medley
Global Director, Corporate Regulatory Affairs
E.I. du Pont de Nemours & Co.
Richard A. Johnson
Partner
Arnold & Porter, LLP
Staff Contacts
Helen Medina
Director – Life Sciences and Product Policy
(212) 703-5047
hmedina@uscib.org
Kira Yevtukhova
Program Assistant
(212) 703-5082
kyevtukhova@uscib.org
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Current Priorities
· Through BIAC, provide industry leadership on key OECD nanotechnology policy and regulatory activities:
- Addressing environmental and human health and safety (EHS) issues in eight projects under the
Working Party on Manufactured Nanomaterials.
- Promoting an enabling regulatory framework for nanotechnology innovation and commercialization
through participating in the Working Party on Nanotechnology.
- Providing industry expertise on the potential for nanotechnology to meet global challenges in areas
such as water, health and environment.
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