A good example would be that a conventionally bred wheat variety would cost roughly a million dollars to bring to market in seven to 10 years. To bring a genetically modified version of that to market, it would cost $150 million and take 16 to 19 years. The regulatory burden is quite significant. That doesn't mean there shouldn't be some, to have the appropriate level that's on the risk basis we have how, but continuing to move to streamline that would be important. I think the departments themselves and the appropriate acts are always working towards that streamlining. We wouldn't want to undo that.
On November 29th, 2022. See this statement in context.