Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-03-15-Speech-4-049"

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"Mr President, may I congratulate Mr Purvis on his report on the future of the biotechnology industry. As Mr Purvis makes clear, it is a vital industry for the future of the European Union. It will provide jobs and opportunities for innovation with new products and new processes in such fields as agriculture, medicine and pharmaceuticals. In the Fifth Framework Programme we are already putting EUR 2 billion into the biotechnology industry and I hope that in the Sixth Framework Programme that will increase. But despite all that we are behind the United States, which dominates the biotechnology market in terms of revenue, R and D expenditure and even number of employees. It is between three and four times bigger than the industry in the European Union. If we are going to benefit from the biotechnology industry, we need to nurture the industry. We need to invest through the Sixth Framework Programme and other R and D funds. Balanced regulation is important. It is clear there has been a public loss of confidence in science and technology, scientists and engineers. The BSE and foot-and-mouth crises indicate a lack of confidence. It is also clear that there is an ethical dimension. We need public accountability and clear guidelines that command public support. In terms of research and genetic manipulation, many of us would support somatic cell repair but might have doubts about somatic cell enhancement or germ cell repair and certainly there will be grave concerns about germ-cell enhancement. It is not acceptable for insurance companies to refuse cover on the basis of genetic profiling or for manufacturing companies to recruit those with a low propensity to cancer for dirty jobs. We need to strike a balance between introducing regulations that will allow the biotechnology industry to thrive in the future and maintaining public confidence. Otherwise public concerns may well drive economic activity across the Atlantic."@en1
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