US Pest Control Innovation Risks Falling Behind China Due to Regulatory Delays
Forbes Breaking NewsSeptember 7, 20254 min1,799 views
13 connectionsΒ·17 entities in this videoβRegulatory Backlogs and Grower Impact
- π EPA's regulatory review process is causing significant delays, impacting over half a billion dollars worth of members' products, including post-patent tools and adjuvants critical for crop protection.
- β³ These delays affect grower access to proven technologies, hindering rotational use and timely application of essential tank mix components.
- πΈ The current regulatory environment, coupled with inflation and government restrictions, is described as crippling for agricultural production efficiency and cost.
Innovation and Competitiveness
- π Without updates to the US regulatory system, there's a risk of falling behind in sustainable pest control innovation, particularly compared to countries like China, Brazil, and the EU.
- π Technologies like PGSIT are already being adopted in competing markets because their regulatory environments move quicker, allowing for faster testing and deployment.
- π‘ Innovations aimed at making products safer and cheaper for growers are not reaching them due to the inability to navigate the US regulatory process.
International Comparison and Timelines
- β±οΈ The US regulatory timelines are longer than those in competing markets, with unpredictable delays even when specific timelines and payments are involved.
- π It can take approximately 12 years and $300 million from development through registration to get a new product into the hands of growers in the US.
- π€ Countries like Brazil are taking the lead in biological use on farms, with their governments partnering with companies to expedite product deployment to growers.
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17 entities
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Whatβs Discussed
Pest Control InnovationCrop Protection TechnologiesEPA Regulatory ReviewAgricultural CompetitivenessSustainable Pest ControlChinaBrazilEuropean UnionRegulatory DelaysGrower AccessProduction EfficiencyInflationBiological Use
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