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Nanotechnology Safety Act Proposed In Senate To Bring It Under FDA Purview

January 21, 2010: 09:45 PM EST
A bill introduced in the Senate, The Nanotechnology Safety Act of 2010, would create a program within the Food and Drug Administration (FDA) to assess health and safety implications of nanotechnology in everyday products, and also seek to develop best practices for companies employing nanotechnology. Benjamin L. Cardin (D-MD), one of the sponsors of the bill, said “Nanotechnology touches so many facets of our lives today and will play a greater role in the future, but the benefits to industry and consumers come with unknown risks that must be identified and managed appropriately.” Nanotechnology is set to be become an important industry - there are currently over 600 known commercial uses of nanotechnology and a 2004 report from the National Science Foundation estimated new nanotechnology-based products would create a global market of $1 trillion dollars by 2015 as well as generate 2 million jobs.
"Pryor, Cardin Call for Increased Research to Ensure Product Safety", Press Release, US Senator Mark Pryor, Arkansas, January 21, 2010, © US Senate Office
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