By ‘Editing’ Plant Genes, Companies Avoid Regulation
15th February 2015
An industry-sponsored study said that the large companies spend an average of $136 million on the development of a genetically engineered crop, including $35 million in regulatory costs. The Agriculture Department once took two to five years to review applications, though it is trying to reduce that to 13 to 16 months.
Look what the government does for you: Increased the cost of food research by a third, and delays things by years. Thanks, guys.