he summer of 2015 was surprisingly busy in the industrial biotechnology policy and regulatory arenas with three important announcements generating lots of buzz. On July 2, 2015, the White House Office of Science and Technology Policy (OSTP), the Office of Management and Budget (OMB), the US Trade Representative, and the Council on Environmental Quality issued a memorandum directing the US Environmental Protection Agency (EPA), the US Food and Drug Administration (FDA), and the US Department of Agriculture (USDA) to update and modernize the Coordinated Framework for the Regulation of Biotechnology (Coordinated Framework). A few weeks later, EPA's Office of Pollution Prevention and Toxics (OPPT) announced a project intended to support public dialog concerning the development and use of biotechnology by developing a new algae ''how to'' document for Toxic Substances Control Act (TSCA) purposes, and to help jump start much needed public discourse around the topic of biotechnology in general. Finally, OPPT also announced that it is updating its Points to Consider in the Preparation of TSCA Biotechnology Submissions for Microorganisms (Points to Consider). Each of these developments is important. This article discusses these initiatives, offers insights on why stakeholders should applaud these opportunities, and urges stakeholders to seize the moment and to engage vigorously in them. Engagement will ensure that the government and other interested parties, including the public, are fully informed about these emerging technologies and their importance to society, and are confident in the government's oversight of them. Coordinated Framework for Regulation of Biotechnology Federal oversight of products of biotechnology is directed through the Coordinated Framework issued in 1986 by the Reagan Administration's White House OSTP, and updated in 1992. 1 The core premise of the Coordinated Framework is that the legal authorities that existed in 1986, statutory authorities that remain largely unchanged today, provide federal regulators sufficient authority to manage any health and/or environmental risk that products of biotechnology may pose. Recognizing that many federal agencies have jurisdiction over products of biotechnology , the Coordinated Framework sets forth an organizational blueprint for federal agency oversight and establishes lead responsibilities for the federal oversight of products of biotechnology. The Coordinated Framework was intended to be a flexible governance construct capable of nimbly adjusting to new science and innovation, and not shackle the oversight of new products to inflexible regulatory templates. Risks are assessed on a case-by-case, product-by-product basis, and federal oversight focuses on a product's application and its intended use, not on the technology itself. Under the Coordinated Framework, three federal agencies are principally responsible for regulating products of biotechnology: USDA, and in particular its Animal and Plant Health Inspection Service (APHIS), EPA, and FDA. APHIS is resp...