EEB calls for premarket registration, stakeholders consultation and adequate legislative framework before a deeper entrance in nanotech market is made. In its brochure, it deems voluntary regulation as unsuccessful. I have yet to see where the failures are, but the EEB claims for lack of participation on the enactments of these codes.

It appears to me that the EEB stance are 'precautionary' in essence and relies more on command-and-control approach in nanotech regulation. The argument may have some merit provided that there are huge uncertainties surrounding nanotech products.

More regulatory framework of precautionary nature may reduce the risk of future market failure. But over-precautions will have implications on the growing market for nanotech.

Read more here.

I mean what I say and I say what I mean.

Do you know why EPA bothers regulating a washing machine? It's because it contains tiny beene silver nanoparticles that can kill germs. Hell, it may even be the most primitive form of nanotech but look at its impact, they are declaring washing machine as pesticide!

Do you know that silver nanoparticles has been used in underwear, shirts, paint, deodorant, mineral supplement, toothpaste, liquid condom, refrigerator, vaccuum cleaner, ink, porcellain, make up, soap, rubber gloves, dental LED, dishwashing liquid, baby milk bottle, door handle, handy coating and air conditioner? Of course, not all of them will be categorized as pesticide!

Not only that we are only talking about a primitive use of nanotechnology, we also "only" talk about silver nanoparticles. There are still plenty other nanoparticle which its usage is still unknown. That's not all, this has not include "passive" nanostructures such as carbon nanotube, which will be used in transistors, computer hardware and medical appliances.

Nanotech market is going to be bullish in the next two years. Some even predicted that within a decade, people will no longer use the word "nanotechnology" because "Today's 'nano materials' are tomorrow's 'materials.'

The good news is (I mean, for lawyers) the regulation is still unclear and the risks associated with it is also unclear. This means not only more lawsuit but also more deals. So, let's catch up...