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April 26th, 2010

Nanotechnology: current regulatory and business challenges

Abstract:
Since physicist Richard Feynman first introduced the notion of nanotechnology in his 1959 lecture, There's plenty of room at the bottom, its development has been dramatic. Today, many consumer products on the market involve the use of nanotechnology. As an enabling technology, nanotechnology is expected to have an impact on all industry sectors. Its emergence is, therefore, often referred to as a new industrial revolution.

There are, however, significant knowledge gaps concerning the technology's environmental and health risks. The safety of nanomaterials cannot be taken for granted. According to an opinion of the Scientific Committee for Emerging and Newly Identified Health Risks (‘SCENIHR'), published in January 2009, risk assessment methodologies related to nanomaterials still require further development. With respect to food safety, the European Food Safety Authority recommended in its opinion of February 2009 that action should be taken to survey the use of nanomaterials in food and feed, to assess their exposure to consumers and to generate information on the materials' potential toxicological effects.

Source:
lexology.com

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