Regulated industries, such as the pesticide and chemical industries, must comply with laws, regulations, and policies on a global basis. Competition is not just in the marketplace—performing better than the competition in the regulatory arena can provide a substantial business advantage. Maintaining compliance and obtaining product approvals at a reasonable cost and within a reasonable time frame is critical to a company’s success.
Exponent has the scientific and regulatory expertise to assist clients in obtaining product approvals and implementing systems to ensure compliance with the myriad of global regulations. Long-term, consistent success in these areas also requires that companies make the investment needed to understand regulations and policies that are currently in place in different countries, at both the EU or Federal, and Member State or local, levels and at the international level as well. In addition, the most successful companies also expend the resources needed to anticipate and track changes in regulations and policies on a global basis, and to work with regulators and other stakeholders to ensure that business interests are represented effectively. It is important for regulators to understand the economic and other impacts of changing regulations and policies, to consider alternatives with varying costs and benefits, and to implement regulatory schemes that achieve necessary public and environmental health objectives without undue economic and other negative business impacts.
Exponent’s scientists work closely with clients to ensure that they understand the potential impact of proposed regulatory changes. Exponent also assists clients in developing appropriate comments in response to proposals, and works with clients and interested stakeholders to present balanced industry perspectives to regulatory agencies.