The authors framed their report as a guidebook to help regulatory agencies across the globe coordinate "consistent" rules while allowing for societal differences.
Researchers fear the executive order will have long-lasting effects on the US' ability to recruit top talent, and will make the country less attractive as an international conference venue.
The Genomics Evidence Neoplasia Information Exchange aims to provide insights through the analysis of data from tens if not hundreds of thousands of patient results.
The law contains provisions that proponents say will advance precision medicine and speed new tests to market, but critics worry if this will come at a cost to public health.
Key provisions of the legislation include additional funding for key National Institutes of Health programs, as well as a streamlining of the US Food and Drug Administration's approval process.
New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio unveiled two initiatives that will provide funding and tax incentives for life sciences research and industry.
After passing the House of Representatives last week, the legislation is now set to go before President Barack Obama, who said he will sign it into law.
NIH has been conservative on the PMI's budget and its funds are sufficient to launch enrollment next year, begin collecting data, and initiate genetic testing pilot projects.
The Nuffield Council report is the first step in addressing ethical considerations of genome editing in human health, food, and the natural environment.
The bill, which would boost NIH funding among other things, was overwhelmingly approved by the House and cleared a Senate subcommittee, but has stalled amid negotiations over appropriations.
