How Do Harmonized Frameworks Benefit Industry and Consumers?
Harmonized regulatory frameworks provide several benefits for both industry and consumers:
Industry: Harmonized regulations reduce the burden of compliance by providing a consistent set of rules across different regions. This facilitates international trade and encourages innovation by providing clear guidelines for the safe development and commercialization of nanotechnology products. Consumers: Consumers benefit from increased safety and confidence in nanotechnology products. Harmonized standards ensure that products are tested and labeled consistently, providing clear information about their safety and efficacy.