Navigation Links
Europe spends nearly twice as much as US on nanotech risk research
Date:4/21/2008

Washington, DC A new analysis by the Project on Emerging Nanotechnologies (PEN) indicates that European nations are investing nearly twice as much as the U.S. in research primarily aimed at addressing the potential risks of nanotechnology. The analysis also highlights a substantial over-inflation of the federal governments nanotechnology risk-research investment figures for the U.S.

The new PEN assessment of nanotechnology risk-relevant projects identified by the federal governments National Nanotechnology Initiative (NNI) for fiscal year 2006 found that only $13 million was invested in projects highly relevant to addressing possible risks.

Over the same time period, the PEN analysis found European countries invested nearly $24 million in projects with the primary aim of addressing nanotechnology risks.

PEN evaluated research projects listed in the NNI research strategyreleased in February 2008 but without specifics regarding the annual project budget or the applicability of each project to assessing potential hazardsby their relevance to addressing current and future nanotechnology risks. Research was classified according to whether it was highly relevant to addressing potential environment, health or safety hazards, substantially relevant, having some relevance, or was only marginally relevant.

By collecting individual project budget data from publicly available sources, an estimate was made of funding levels for 2006. The assessment found 62 federally-funded projects that were highly relevant to understanding nanotechnology risk, with an estimated annual budget of $13 million.

In contrast, the federal government estimates $37.7 million was invested in highly relevant research in fiscal year 2006. According to PEN Chief Science Advisor Andrew Maynard, It appears the U.S. is guilty of wishful thinking in its assessment of research that will lead to the development of safe nanotechnologies. It is trying to substitute research that might inform sciences general understanding of possible nanotechnology risks for research that is focused on getting answers to direct questions being asked todaywhat makes a nanomaterial potentially harmful, how can it be used safely, and what happens when it is eventually disposed" Both the U.S. government figure and the results of the PEN assessment show that less than 3 percent of the $1.4 billion federal nanotechnology research budget was spent on environment, health and safety research.

Draft legislation proposed by U.S. House of Representatives Science Committee Chair Bart Gordon (D-TN) would amend the NNI act to include a minimum 10 percent mandate for the nanotechnology federal research and development budget devoted to EHS research in the future, amounting to approximately $150 million annually.


'/>"/>

Contact: Julia Moore
julia.moore@wilsoncenter.org
202-691-4025
Project on Emerging Nanotechnologies
Source:Eurekalert

Related biology technology :

1. DuoCort Hosts Adrenal Insufficiency Symposium at the 10th European Congress of Endocrinology in Berlin
2. Squire Sanders Stands Out in Independent Analysis of Law Firms in Europe
3. High-Definition Technology to Revolutionize US & European Visualization Device Markets
4. Arbios Commences Process to Seek European Marketing Approval for SEPET(TM)
5. Cephalon Announces European Commission Approval of EFFENTORA for the Treatment of Breakthrough Cancer Pain
6. Intellect Neurosciences, Inc. Receives Notice of Allowance and Completes Grant Requirements for Pivotal European Patent Related to Passive Immunization of Alzheimers Disease
7. MaxCyte to Present at BIO-Europe Spring 2008 Conference
8. Cardiums InnerCool Therapies Unit Announces European Commercialization Agreement for Portfolio of Temperature Modulation Systems
9. Tengion Announces European Orphan Drug Designation for Neo-Bladder Augment
10. Volcano Announces U.S. and European Launch of Rotational IVUS and Integrated FFR
11. Campbell Alliance Sales Practice to Conduct Workshop at EyeForPharma SFE Europe Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/17/2017)... Jan. 17, 2017   Pulmatrix, Inc . (NASDAQ: ... developing innovative inhaled therapies to address serious pulmonary diseases, ... infections in the lungs of CF patients, PUR1900, has ... by the U.S. Food & Drug Administration. ... to speed the development of novel drugs against important ...
(Date:1/17/2017)...  Only nine percent of U.S. consumers believe pharmaceutical ... 16 percent believe health insurance companies do, according to ... of U.S. adults believe health care providers (such as ... hospitals (23%). "We are in the midst ... , vice president of reputation management and public affairs ...
(Date:1/17/2017)... (PRWEB) , ... January 17, 2017 , ... Pono ... balanced, peaceful and healthy lifestyle, announced today the official launch of its much-anticipated Pono ... the mind. , In development for over a year, the patented Pono ...
(Date:1/17/2017)... ... January 17, 2017 , ... Diagenode, ... recently announced a collaboration with the Heidelberg University Hospital and the German Cancer ... preparation, following the company’s successful launch of its CATS (Capture and Amplification ...
Breaking Biology Technology:
(Date:12/16/2016)... -- Research and Markets has announced the addition of ... 2021" report to their offering. ... The biometric vehicle access system market, in ... 14.06% from 2016 to 2021. The market is estimated to be ... Million by 2021. The growth of the biometric vehicle access system ...
(Date:12/15/2016)... , Dec 15, 2016 ... Research and Markets has announced the addition ... offering. The report forecasts the global military biometrics market ... The report has been prepared based on an in-depth market ... and its growth prospects over the coming years. The report also includes ...
(Date:12/12/2016)... -- Researchers at Trinity College, Dublin, are opening up ... material with Silly Putty. The mixture (known as "G-putty") ... sense pulse, blood pressure, respiration, and even the ... The research team,s findings were published Thursday in ... Due ...
Breaking Biology News(10 mins):