WASHINGTON, D.C. -- Biotechnology Industry Organization President and CEO Jim Greenwood today issued the following statement on the USDA's oversight of products of agricultural biotechnology:

"The Biotechnology Industry Organization (BIO) and its members are committed to the safety and stewardship of products of agricultural biotechnology. We believe that the USDA, with strong industry support, provides stringent oversight in the regulation of plants and crops improved through biotechnology. Over the last few years, USDA has enhanced its environmental review procedures for biotech-derived plants.

"Today's federal regulatory system is strong and comprehensive, and is designed to keep pace with the continued rapid advances in agricultural biotechnology. Over the past decade that biotech crops have been commercialized, there has never been a single reported human health incident or harm to the environment. In fact, under strict government regulations and strong industry oversight, biotechnology has improved food crops with significant benefits to farmers, consumers, and the environment."

BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and 31 other nations. BIO members are involved in the research and development of health-care, agricultural, industrial and environmental biotechnology products.

SOURCE: Biotechnology Industry Organization via Business Wire.