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Innovation and Nanotechnology: Nanomaterials - - materials just one billionth
of a metre in size - - are used in an array of products including drug-delivery
systems, cosmetics, and food additives. With the nanotechnology sector set to
explode in coming years, there is a fear that there is insufficient knowledge on
the greater exposure of workers, consumers, and the environment to asbestos-like
nanomaterials.
In 2009, US
developers generated $1bn from the sale of nanomaterials, and the market for
products that rely on these materials is expected to grow to $3trn by 2015.
In
Ireland, the Government is the main funder of nanotechnology research while the
US government sees significant gaps in understanding the health and
environmental risks.
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