Brexit May Help UK Biotech Approval Process

Dan General, Industry News Release, Technology

The CEO for Syngenta pointed to Brexit as a boost for the United Kingdom’s crop regulations, saying he sees the referendum vote to leave the European Union as an “opportunity for the UK in agriculture.”

Erik Fyrwald, Syngenta’s CEO, told the Financial Times in an interview that after Brexit, the UK would implement science-based rules and would help companies more quickly implement new technology. Frywald says “the EU regulatory process is becoming politicized,” delaying implementation of technology. Post-Brexit, the UK would establish its own system separate from the EU version, according to Pro Farmer’s First Thing Today. Frywald says based on recent conversations, the UK will make biotech approval and implementation based solely on science.

From the National Association of Farm Broadcasting news service.