Collaborating with regulatory experts offers several benefits:
1. Risk Mitigation: Ensuring compliance with regulations minimizes the risk of legal issues, fines, and product recalls.
2. Faster Market Entry: Understanding and navigating regulatory requirements efficiently can expedite the process of bringing new catalytic technologies to market.
3. Enhanced Credibility: Compliance with regulatory standards enhances the credibility and acceptance of new technologies among consumers and industry stakeholders.
4. Innovation Protection: Properly managing intellectual property and obtaining patents protect innovations from being copied or misused.