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WYDEN NANOTECHNOLOGY BILL SIGNED INTO LAW
Legislation will help “small science” to revolutionize health care, manufacturing; Oregon could become leader in burgeoning $1 trillion field

December 3, 2003

Washington, DC – Senator Ron Wyden (D-Ore.) applauded the signature into law today of the 21st Century Nanotechnology Research and Development Act. The legislation, co-written by Wyden and Senator George Allen (R-Va.), will provide a nearly $3.7 billion boost to nanotechnology research in the United States. Nanotechnology employs science on the atomic and molecular scales and is expected to yield rapid advances in numerous areas including health care, manufacturing, and agriculture, and Oregon leaders are working to position the state to take advantage of this new field. The president signed the bill today in the Oval Office.

“Nanotechnology holds the promise of new jobs, revolutionary products, and groundbreaking treatments for some of our most deadly and debilitating diseases,” said Wyden. “This new law is about preparing Oregon and the United States to lead the way in this growing industry.”

In the next 10 years, nanotechnology could become a trillion-dollar global industry. Nanotechnology products are already on the mass market, most notably in the form of stain-resistant clothing advertised by many manufacturers. However, experts estimate that nanoparticles and nanodevices will eventually have great impact on more serious levels, such as the treatment of disease, the improvement and strengthening of traditional materials such as steel, and the creation of smaller, faster electronic devices.

At statewide economic summits in December 2002 and earlier this week, Wyden committed to making Oregon a national center for nanotechnology research and development. He intends to work with Oregon universities and economic development agencies and the rest of the Oregon congressional delegation to establish Oregon as a leader in the field.

Wyden and Senator Gordon Smith (R-Ore.) have secured $1.2 million in the coming year’s defense funding bill for Oregon State University’s Heat Activated Pump Project, targeted as a huge priority for the initial development of the Multi-Scale Materials and Devices Signature Research Center.

Wyden and Smith also have already secured $3 million for the Oregon Health Sciences University (OHSU) National Defense and Security Research Center, which may aid in the development of nano-sensors to be used in domestic or military situations to detect and deactivate viral or chemical agents of mass destruction.

Additionally, Wyden and Smith are working to provide $1.6 million for the redevelopment of the South Waterfront, which has the potential to become a center for the nanotechnology industry.

The 21st Century Nanotechnology Research and Development Act creates a National Nanotechnology Research Program to support long-term nanoscale research and development, increase America’s competitiveness in nanoscale technology, and promote effective education and training for the next generation of nanotechnology researchers and professionals. Over the next four years, the bill authorizes $3.679 billion for research and development programs at the National Science Foundation, the Department of Energy, NASA, National Institute of Standards and Technology, the Environmental Protection Agency and the Department Agriculture, among others.

 

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