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"Regulatory policy can have a significant impact on the rate of technology development in energy, biotechnology, pharmaceuticals, telecommunications and many other areas."

That's everything the Clinton Administration's technology initiative has to say about biotechnology. Actually that's not entirely true. The initiative announced last week also acknowledges that "breakthroughs such as the transistor, computers, recombinant DNA and synthetic materials have created entire new industries and millions of high-paying jobs." It also pledges to encourage more cooperative research between the national laboratories and industry and universities...